Director at Matson (NYSE: MATX) awarded 969 restricted stock units

Rhea-AI Filing Summary

CHING MEREDITH J reported acquisition or exercise transactions in this Form 4 filing.

Matson, Inc. director Meredith J. Ching reported receiving a grant of 969 shares of common stock on April 23, 2026 in the form of restricted stock units under the company’s 2025 Incentive Compensation Plan. The award was issued at no cash cost and vests 100% on the earlier of the grant date’s anniversary or the next annual shareholders meeting. Following this grant, Ching directly holds 35,700 shares of Matson common stock.

Insights

Corporate governance analyst

Routine equity grant awards 969 RSUs to a Matson director.

Director Meredith J. Ching received 969 restricted stock units of Matson, Inc. common stock as a compensation grant under the 2025 Incentive Compensation Plan. The grant carries no purchase price, typical of director equity awards.

The units have 100% cliff vesting on the earlier of the grant anniversary or the next annual shareholders meeting. This kind of vesting aligns director incentives with shareholder outcomes over a defined period without indicating any open‑market buying or selling.

After this grant, Ching directly owns 35,700 common shares. The transaction reflects ongoing equity-based compensation rather than a discretionary market trade, so its informational value for near-term stock direction is limited.

Insider Trade Summary

Net Buyer: 969 shares

Net Buy 1 txn

Insider CHING MEREDITH J

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	969	$0.00	$0.00

Holdings After Transaction: Common Stock — 35,700 shares (Direct)

Footnotes (1)

1. F1. Restricted stock units issued under the Issuer's 2025 Incentive Compensation Plan that have 100% cliff vesting on the earlier of the grant date anniversary or the next annual shareholders meeting of the Issuer following the date of the grant of such restricted stock units

Key Figures

Equity grant size: 969 shares Grant price per share: $0.0000 per share Post-transaction holdings: 35,700 shares +1 more

4 metrics

Equity grant size 969 shares Restricted stock units of Matson common stock granted on April 23, 2026

Grant price per share $0.0000 per share Reported transaction price for the restricted stock unit award

Post-transaction holdings 35,700 shares Total Matson common shares directly owned by Meredith J. Ching after the grant

Vesting condition 100% cliff vesting Earlier of grant date anniversary or next annual shareholders meeting

Key Terms

Restricted stock units, 2025 Incentive Compensation Plan, cliff vesting, annual shareholders meeting

4 terms

Restricted stock units financial

"Restricted stock units issued under the Issuer's 2025 Incentive Compensation Plan"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

2025 Incentive Compensation Plan financial

"issued under the Issuer's 2025 Incentive Compensation Plan that have 100% cliff vesting"

cliff vesting financial

"that have 100% cliff vesting on the earlier of the grant date anniversary"

annual shareholders meeting financial

"or the next annual shareholders meeting of the Issuer following the date of the grant"

An annual shareholders meeting is a yearly gathering where owners of a company review its performance, hear presentations from management, ask questions, and vote on important items such as board members, executive pay, and dividend policies. Think of it as a company town hall where votes and discussions can change leadership, strategy or payouts—outcomes that can directly affect a stock’s future performance and an investor’s rights and returns.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 04/27/2026 - 04:55 PM Learn about SEC filing dates

FAQ

What insider transaction did Meredith J. Ching report for Matson (MATX)?

Meredith J. Ching reported receiving a grant of 969 Matson common shares as restricted stock units. The award was made under the 2025 Incentive Compensation Plan, carries no purchase price, and represents routine director equity compensation rather than an open-market stock purchase or sale.

How many Matson (MATX) shares did Meredith J. Ching receive and at what price?

She received 969 shares of Matson common stock via restricted stock units at a stated price of $0.0000 per share. This indicates a compensatory equity grant, not a cash purchase, consistent with typical director stock awards disclosed in Form 4 insider filings.

What are the vesting terms for Meredith J. Ching’s new Matson restricted stock units?

The restricted stock units vest 100% on the earlier of the grant date anniversary or Matson’s next annual shareholders meeting. This single cliff vesting schedule encourages continued board service and alignment with shareholders over the defined period before the units fully convert into shares.

Under which plan were the new Matson (MATX) restricted stock units granted?

The 969 restricted stock units were issued under Matson’s 2025 Incentive Compensation Plan. This plan provides equity-based compensation to directors and other participants, using stock-linked awards to align their long-term interests with those of Matson shareholders through ongoing ownership.

What is Meredith J. Ching’s Matson share ownership after this Form 4 transaction?

After the grant of 969 restricted stock units, Meredith J. Ching directly holds 35,700 shares of Matson common stock. This total reflects her updated ownership position reported in the Form 4 filing and includes the shares associated with the newly awarded equity grant.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

CHING MEREDITH J

(Last) (First) (Middle)

1411 SAND ISLAND PARKWAY

(Street)

HONOLULU HAWAII 96819

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Matson, Inc. [ MATX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/23/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/23/2026		A		969(1)	A	$0.0000	35,700	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Restricted stock units issued under the Issuer's 2025 Incentive Compensation Plan that have 100% cliff vesting on the earlier of the grant date anniversary or the next annual shareholders meeting of the Issuer following the date of the grant of such restricted stock units

	/s/ Meredith J. Ching	04/23/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)