Matson (MATX) EVP Jerome Holland has 64 shares withheld to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Matson, Inc. executive Jerome James Holland had 64 shares of common stock withheld to cover taxes tied to a vesting stock award. The shares were valued at $203.92 each and were not sold on the open market. After this tax-withholding disposition, he holds 5,310 common shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Holland Jerome James
Role
EVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 64 | $203.92 | $13K |
Holdings After Transaction:
Common Stock — 5,310 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 64 shares
Per-share valuation: $203.92 per share
Shares owned after transaction: 5,310 shares
+2 more
5 metrics
Shares withheld for taxes
64 shares
Common stock withheld for tax obligations from RSU vesting
Per-share valuation
$203.92 per share
Value used for the 64 withheld shares
Shares owned after transaction
5,310 shares
Direct Matson common stock held by Holland after withholding
Transaction type
Tax-withholding disposition (Code F)
Shares delivered to cover tax liability on RSU vesting
Position
EVP; President, Matson Logistics
Officer role of reporting person
Key Terms
tax withholding obligations, restricted stock units, tax-withholding disposition, Common Stock
4 terms
tax withholding obligations financial
"to cover tax withholding obligations arising from the vesting"
restricted stock units financial
"arising from the vesting of a previous grant of restricted stock units"
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.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Matson (MATX) report for Jerome James Holland?
Matson executive Jerome James Holland reported a tax-related disposition of 64 common shares. The company withheld these shares to cover tax obligations from a vesting restricted stock unit grant, rather than selling them in the open market.
What does the Form 4 tax-withholding code F mean for Matson (MATX)?
Code F on the Form 4 indicates shares were used to pay an exercise price or tax liability. For Matson, 64 shares held by Jerome James Holland were withheld by the company to cover tax obligations from a previously granted restricted stock unit vesting.