Matson (NYSE: MATX) CEO sells 10,000 shares near $224 each
Rhea-AI Filing Summary
Matson, Inc. (MATX) reported that Chairman & CEO Matthew J. Cox sold a total of 10,000 shares of common stock on August 28, 2026 in three open-market transactions. The reported weighted average sale prices were $225.05, $223.91, and $223.22 per share, with each trade executed in multiple lots within disclosed price ranges. All sales were effected under a Rule 10b5-1 trading plan adopted on March 9, 2026.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 10,000 shares
Net Sell
3 txns
Insider
COX MATTHEW J
Role
Chairman & CEO
Sold
10,000 shs ($2.24M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 442 | $225.05 | $99K |
| Sale | Common Stock F1, F3 | 3,443 | $223.91 | $771K |
| Sale | Common Stock F1, F4 | 6,115 | $223.22 | $1.36M |
Holdings After Transaction:
Common Stock — 229,296 shares (Direct)
Footnotes (4)
- F1. The sale of shares reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 9, 2026.
- F2. This transaction was executed in multiple trades at prices ranging from $224.97 to $225.08. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F3. This transaction was executed in multiple trades at prices ranging from $223.58 to $224.41. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F4. This transaction was executed in multiple trades at prices ranging from $222.58 to $223.57. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
Key Figures
Shares sold (total): 10,000 shares
First transaction shares and price: 442 shares at $225.05 per share
Second transaction shares and price: 3,443 shares at $223.91 per share
+5 more
8 metrics
Shares sold (total)
10,000 shares
Total MATX common shares sold by Matthew J. Cox on August 28, 2026
First transaction shares and price
442 shares at $225.05 per share
Open-market sale of MATX common stock on August 28, 2026
Second transaction shares and price
3,443 shares at $223.91 per share
Open-market sale of MATX common stock on August 28, 2026
Third transaction shares and price
6,115 shares at $223.22 per share
Open-market sale of MATX common stock on August 28, 2026
Price range for first transaction
$224.97–$225.08
Range of individual trade prices; weighted average $225.05
Price range for second transaction
$223.58–$224.41
Range of individual trade prices; weighted average $223.91
Price range for third transaction
$222.58–$223.57
Range of individual trade prices; weighted average $223.22
Rule 10b5-1 plan adoption date
March 9, 2026
Date Matthew J. Cox adopted the trading plan governing these sales
Key Terms
Rule 10b5-1 trading plan, weighted average sale price, open market or private transaction
3 terms
Rule 10b5-1 trading plan regulatory
"The sale of shares ... were effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average sale price financial
"The price reported above reflects the weighted average sale price"
open market or private transaction financial
"transaction code description: Sale in open market or private transaction"
FAQ
What insider trading activity did MATX report for Matthew J. Cox on this Form 4?
The filing reports that Chairman & CEO Matthew J. Cox sold 10,000 shares of Matson, Inc. common stock on August 28, 2026 in three open-market transactions at reported weighted average prices between about $223 and $225 per share.
Were the August 28, 2026 MATX insider sales under a Rule 10b5-1 plan?
Yes. The filing states the sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Matthew J. Cox on March 9, 2026, meaning the transactions followed a pre-arranged trading plan rather than being initiated at the time of sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.