STOCK TITAN

Matson (NYSE: MATX) SVP gains shares from awards, covers taxes

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Matson, Inc. Senior Vice President Gao Qiang reported equity compensation and related tax withholding transactions in Matson common stock. On January 25, 2026, Gao acquired 6,952 shares of common stock at $0.0000 per share, issued upon satisfaction of performance criteria for previously granted Performance Shares under Rule 16b-3(d.

To cover tax withholding obligations tied to the vesting of restricted stock units and Performance Shares, the issuer withheld 255 shares on January 24, 2026 and 471 shares and 3,588 shares on January 25, 2026, all at a price of $158.94 per share. After these transactions, Gao directly held 16,356 shares of Matson common stock.

Positive

  • None.

Negative

  • None.
Insider Gao Qiang
Role Senior Vice President
Type Security Shares Price Value
Grant/Award Common Stock 6,952 $0.00 --
Tax Withholding Common Stock 471 $158.94 $75K
Tax Withholding Common Stock 3,588 $158.94 $570K
Tax Withholding Common Stock 255 $158.94 $41K
Holdings After Transaction: Common Stock — 20,415 shares (Direct)
Footnotes (1)
  1. Represents common stock withheld by the Issuer to cover tax withholding obligations arising from the vesting of a previous grant of restricted stock units. Issuance of shares of common stock pursuant to the satisfaction of performance criteria of Performance Shares that were granted in accordance with Rule 16b-3(d). Represents common stock withheld by the Issuer to cover tax withholding obligations arising from the vesting of Performance Shares.
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*
Gao Qiang

(Last) (First) (Middle)
1411 SAND ISLAND PARKWAY

(Street)
HONOLULU HI 96819

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Matson, Inc. [ MATX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Senior Vice President
3. Date of Earliest Transaction (Month/Day/Year)
01/24/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 01/24/2026 F(1) 255 D $158.94 13,463 D
Common Stock 01/25/2026 A(2) 6,952 A $0.0000 20,415 D
Common Stock 01/25/2026 F(1) 471 D $158.94 19,944 D
Common Stock 01/25/2026 F(3) 3,588 D $158.94 16,356 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. Represents common stock withheld by the Issuer to cover tax withholding obligations arising from the vesting of a previous grant of restricted stock units.
2. Issuance of shares of common stock pursuant to the satisfaction of performance criteria of Performance Shares that were granted in accordance with Rule 16b-3(d).
3. Represents common stock withheld by the Issuer to cover tax withholding obligations arising from the vesting of Performance Shares.
/s/ Qiang Gao 01/26/2026
** 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.

FAQ

What insider transactions did Matson (MATX) Senior Vice President Gao Qiang report?

Gao Qiang reported one equity award and several related tax withholding events in Matson common stock. He received 6,952 shares from performance-based awards and had shares withheld by the issuer to satisfy tax obligations tied to vesting.

How many Matson (MATX) shares did Gao Qiang acquire in the latest Form 4?

On January 25, 2026, Gao Qiang acquired 6,952 shares of Matson common stock at $0.0000 per share, issued upon the satisfaction of performance criteria for previously granted Performance Shares.

Were any of Gao Qiang’s Matson (MATX) shares sold on the open market?

The Form 4 shows multiple F code transactions at $158.94 per share, which footnotes explain as shares withheld by the issuer to cover tax withholding obligations on vesting awards, not discretionary open-market sales.

What do the transaction codes A and F mean in Gao Qiang’s Matson Form 4?

Code A reflects shares acquired directly from the company as equity awards. Code F, per the footnotes, represents shares withheld by the issuer to satisfy tax withholding obligations on vesting restricted stock units and Performance Shares.

How many Matson (MATX) shares does Gao Qiang own after these transactions?

Following the reported transactions, Gao Qiang directly owned 16,356 shares of Matson common stock.

What dates were covered by Gao Qiang’s Matson (MATX) Form 4 transactions?

The Form 4 reports transactions on January 24, 2026 and January 25, 2026, covering tax-withholding share reductions and the issuance of performance-based stock.