Vic S. Jr. Angoco, executive vice president of Matson, Inc., disposed of 2,293 common shares on August 24, 2026, for a total of $510,784. The transactions were executed in three blocks at weighted average prices of $224.09, $222.81, and $221.98, respectively, with individual trade prices ranging from $221.50 to $224.36.
The disposal follows a period of significant appreciation in Matson’s stock, which closed at $222.68 on the transaction date and remains near its 52-week high of $230.74. Over the past year, the shares have surged 111%, while the year-to-date gain stands at 81%.
Matson reported strong second-quarter 2026 results, with diluted earnings per share of $4.27, exceeding analyst estimates of $3.72, and revenue of $969.4 million, surpassing the forecast of $884.65 million. The company cited robust demand in its China-focused services as a key driver of performance and raised its full-year financial outlook accordingly.
Following the sale, Angoco retains a direct holding of 12,507 common shares in Matson. The company has maintained a consecutive dividend payout record for 54 years.
