Matson (NYSE: MATX) SVP receives 1,124 restricted stock units in equity award
Rhea-AI Filing Summary
Matson, Inc. Senior Vice President Christopher A. Scott reported an equity award of 1,124 shares of common stock on January 21, 2026. The shares reflect restricted stock units granted under Matson's 2025 Incentive Compensation Plan at a grant price of $0.0000 per share. These units vest in three equal annual installments starting one year from the grant date and include dividend equivalent rights, which means additional units or value can accrue when dividends are paid.
After this award, Scott beneficially owns 14,620.489 shares of Matson common stock in total on a direct basis. This total includes shares acquired through a Dividend Reinvestment Program and a qualified plan that are treated as exempt under specific SEC rules.
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FAQ
What insider transaction did Matson (MATX) report for Christopher A. Scott?
Matson reported that Senior Vice President Christopher A. Scott received an award of 1,124 shares of common stock on January 21, 2026, coded as an acquisition at a price of $0.0000 per share.
What type of shares were granted to the Matson (MATX) executive on January 21, 2026?
The award consists of restricted stock units issued under Matson's 2025 Incentive Compensation Plan, which convert into common stock as they vest.
How do the restricted stock units granted to the Matson (MATX) SVP vest?
The restricted stock units vest in three equal annual installments, beginning one year from the January 21, 2026 grant date, as described in the footnote.
Do the Matson (MATX) restricted stock units include dividend rights?
Yes. The filing states that the restricted stock units contain dividend equivalent rights, allowing value to accrue when dividends are paid on Matson common stock.
How many Matson (MATX) shares does Christopher A. Scott own after this Form 4 transaction?
Following the reported award, Christopher A. Scott beneficially owns 14,620.489 shares of Matson common stock, held on a direct basis.
What other programs contribute to the Matson (MATX) SVP's reported share total?
The total includes shares acquired under a Dividend Reinvestment Program and a Qualified Plan, which the filing notes are exempt under specific SEC rules.