Matson EVP uses 80 shares to cover tax bill
Rhea-AI Filing Summary
Matson, Inc. (MATX) reported an insider tax-related share disposition by Executive Vice President Vic S. Angoco Jr. On 2026-08-28, 80 shares of common stock were withheld by the issuer at $224.31 per share to cover tax withholding obligations from the vesting of a prior restricted stock unit grant. Following this withholding, Angoco directly held 12,427 Matson common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 80 shares
Net Sell
1 txn
Insider
Angoco Vic S Jr
Role
Executive Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 80 | $224.31 | $18K |
Holdings After Transaction:
Common Stock — 12,427 shares (Direct)
Footnotes (1)
- F1. Represents common stock withheld by the Issuer to cover tax withholding obligations arising from the vesting of a previous grant of restricted stock units.
Key Figures
Shares withheld for tax: 80 shares of common stock
Per-share value for tax withholding: $224.31 per share
Shares held after transaction: 12,427 shares of common stock
3 metrics
Shares withheld for tax
80 shares of common stock
Code F transaction on 2026-08-28 to cover tax withholding obligations
Per-share value for tax withholding
$224.31 per share
Valuation used for withholding 80 shares on 2026-08-28
Shares held after transaction
12,427 shares of common stock
Directly held by Vic S. Angoco Jr following the 2026-08-28 withholding
Key Terms
restricted stock units, tax withholding obligations, Code F
3 terms
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 obligations financial
"withheld by the Issuer to cover tax withholding obligations arising"
Code F regulatory
"The Form 4 shows a Code F transaction, indicating shares withheld"
FAQ
What insider transaction did MATX Executive Vice President Vic S. Angoco Jr report?
Vic S. Angoco Jr reported a withholding of 80 MATX common shares on 2026-08-28 to cover tax withholding obligations from the vesting of a previous restricted stock unit grant, leaving him with 12,427 directly held shares.
Was the MATX insider transaction under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is not checked, and the single transaction is identified as a tax-withholding share disposition related to restricted stock unit vesting.
AI-generated analysis. How Rhea-AI works. Not financial advice.