Matson, Inc. (NASDAQ:MATX) disclosed that Senior Vice President Christopher A. Scott sold 2,509 shares of the company’s common stock on March 11, 2026, according to a Form 4 filing with the Securities and Exchange Commission. The shares were transacted at $155.0 apiece, producing a total sale value of $388,895.
Per the filing, following the disposition Scott retains direct ownership of 14,533.4890 shares of Matson. At the time of the filing, Matson shares were trading at $149.24, below the price at which Scott sold his shares. The stock has shown notable market momentum, with a 45% gain over the past six months and a 21% year-to-date return.
Market data cited in the filing summary indicates that InvestingPro views the stock as slightly undervalued at current levels. Key valuation and capital structure metrics included a price-to-earnings ratio of 10.81 and a market capitalization of $4.55 billion. The company has also maintained a long-running dividend pattern, having raised its payout for 12 consecutive years according to InvestingPro data.
Matson’s recent operational and financial updates were central to investor attention alongside the insider sale. For the fourth quarter, the company reported adjusted earnings per share of $4.60, substantially beating analyst expectations of $2.78. Quarterly revenue totaled $851.9 million, topping the consensus estimate of $789.05 million, though the figure represented a 4.3% decline from $890.3 million in the same quarter a year earlier.
Management attributed the quarterly outperformance in part to robust demand for e-commerce and electronic goods within its China service and to a more stable trading environment following a U.S.-China trade agreement. The company also noted strong freight rates and volumes in its China service as contributors to the results.
In a separate disclosure filed with the SEC, Matson announced an upcoming leadership change: John P. Lauer, executive vice president and chief commercial officer, has indicated plans to retire effective July 1, 2026. The combination of financial results and executive transition constitutes key updates for investors tracking Matson’s performance.
These developments - an insider sale, an earnings beat, revenue that remains below prior-year levels, and an announced executive retirement - provide a set of data points market participants may weigh as they assess Matson’s near-term trajectory.