Heilmann Peter T, EVP, Chief Administrative Officer & General Counsel, has demonstrated a consistent pattern of selling shares in Matson, Inc. (MATX) over the past several years, with no recorded purchases in SEC filings. Since 2024, Heilmann has executed 26 transactions, all involving sales or dispositions of MATX stock, totaling over $6.56 million in aggregate value. The most recent activity includes a $2.15 million sale on March 3, 2026, following a series of smaller transactions earlier in the year, such as a $1.13 million disposition on January 25, 2026, and an $81,059 sale on January 24, 2026.
The transactions reveal a recurring cycle of sales concentrated in late January and early March, often involving multiple filings within days. For example, in January 2025, Heilmann disposed of shares worth $486,798, $159,903, and $85,200 across three separate filings on the same day (January 26). Similarly, in March 2024, three sales—$524,044, $313,981, and $124,833—were reported on March 5. The filings include both open-market sales (coded "S") and dispositions related to derivative transactions (coded "F"), with no offsetting purchases. The absence of buying activity suggests a sustained reduction in Heilmann’s position in MATX, though the reasons remain undisclosed in the filings.
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