STOCK TITAN

Matson SVP uses 77 shares to cover tax bill

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Matson, Inc. (MATX) reported that Senior Vice President Jennifer C. Tungul had 77 shares of common stock withheld on 2026-08-28 to cover tax withholding obligations arising from the vesting of a previous grant of restricted stock units. The shares were valued at $224.31 per share for this tax-withholding transaction, and she now holds 5,775 shares of Matson common stock directly.

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Insider Tungul Jennifer C.
Role Senior Vice President
Type Security Shares Price Value
Tax Withholding Common Stock F1 77 $224.31 $17K
Holdings After Transaction: Common Stock — 5,775 shares (Direct)
Footnotes (1)
  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.
Shares withheld for taxes 77 shares Common stock withheld on 2026-08-28 to cover tax withholding obligations
Per-share value for tax withholding $224.31 per share Valuation used for the 77 MATX shares withheld
Shares owned after transaction 5,775 shares Direct Matson common stock holdings of Jennifer C. Tungul following the transaction
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"
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 MATX report for Jennifer C. Tungul?

Matson, Inc. reported that Senior Vice President Jennifer C. Tungul had 77 shares of common stock withheld on 2026-08-28 to satisfy tax withholding obligations from the vesting of a prior restricted stock unit grant.

Was the MATX insider transaction a market sale or purchase?

No. The Form 4 shows a code F transaction, described as payment of tax liability by delivering or withholding securities in connection with RSU vesting, not an open-market purchase or sale.

At what price were the MATX shares used for tax withholding valued?

The 77 Matson common shares withheld for tax obligations were valued at $224.31 per share for this transaction.

How many MATX shares does Jennifer C. Tungul hold after this transaction?

After the tax-withholding transaction, Jennifer C. Tungul directly holds 5,775 shares of Matson, Inc. common stock.

What does transaction code F mean in the MATX Form 4 filing?

Transaction code F indicates payment of tax liability by delivering or withholding securities. In this case, 77 Matson common shares were withheld to cover taxes from the vesting of a prior restricted stock unit grant.

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

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Tungul Jennifer C.

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Senior Vice President
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/28/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock08/28/2026F(1)77D$224.315,775D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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.
/s/ Jennifer C. Tungul08/31/2026
** Signature of Reporting PersonDate
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)