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Midas Edge

Matson Inc

For the period ended Apr 25, 2024. Filed Mar 11, 2024.

View on SEC.gov

About this filing

What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.

Apr 25, 2024 · Filed Mar 11, 2024

MATX$211.93-0.9%Stored close · as of Nov 6, 2026
See the whole filing, with its images and exhibits
Contents

Summary Compensation Table

The following table summarizes the compensation paid by Matson to the NEOs in 2023, 2022, and 2021:

2023 SUMMARY COMPENSATION TABLE

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​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · Change in · ​ · ​ · ​
​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · Pension Value · ​ · ​ · ​
​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · and · ​ · ​ · ​
​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · Nonqualified · ​ · ​ · ​
​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · Non-Equity · ​ · Deferred · ​ · ​ · ​
​ · ​ · ​ · ​ · ​ · ​ · ​ · ​ · Stock · ​ · Option · ​ · Incentive Plan · ​ · Compensation · ​ · All Other · ​
Name and​​​Salary​Bonus​Awards​Awards​Compensation​Earnings​Compensation​Total
Principal PositionYear($)($)($)(1)($)(2)($)(3)($)(4)​($)(5)($)
(a)(b)(c)(d)(e)​(f)(g)(h)​(i)(j)
Matthew J. Cox2023904,234​—3,237,822(6)​—1,716,915196,171​110,6736,165,815
Chairman and Chief2022894,336​—3,341,181​—1,679,6150​112,7386,027,870
Executive Officer2021862,346​—3,184,092​—1,703,046112,142​95,4325,957,058
​​​​​​​​​​​​​​​​​​​
Joel M. Wine2023586,497​—971,343(6)​—787,226113,512​53,7352,512,313
Executive Vice President2022580,077​—1,002,494​—790,3050​41,5262,414,402
and Chief Financial Officer2021559,328​—878,371​—767,36940,283​42,9142,288,264
​​​​​​​​​​​​​​​​​​​
Peter T. Heilmann2023468,212​—755,480(6)​—625,99987,135​36,3351,973,161
Executive Vice President,2022463,087​—779,717​—630,9160​35,5811,909,301
Chief Administrative Officer and General Counsel2021446,522​—768,574​—616,10436,788​37,2811,905,269
​​​​​​​​​​​​​​​​​​​
John P. Lauer2023470,706​—755,480(6)​—630,61977,361​37,9471,972,113
Executive Vice President and2022465,553​—1,002,494​—619,4490​38,2042,125,700
Chief Commercial Officer2021448,901​—988,218​—595,62435,899​38,9952,107,637
​​​​​​​​​​​​​​​​​​​
Rusty K. Rolfe2023438,121​—755,480(6)​—567,52069,308​35,1071,865,536
Executive Vice President2022433,325​—779,717​—609,5970​33,0251,855,664
President, Matson Logistics
(1)Represents the grant date fair value of time-based RSUs and the grant date fair value of Performance Shares (assuming the target level of performance is attained) for the fiscal year identified in column (b).
(2)No stock option grants were made in 2023, 2022, or 2021.
(3)Represents the NEO’s actual award under the CIP for the fiscal year identified in column (b) payable in cash in February of the following year.
(4)All amounts are attributable to the aggregate change in the actuarial present value of the NEO’s accumulated benefit under all defined benefit and actuarial pension plans.
(5)Represents the following: dividends paid on unvested time based RSUs ($52,769 for Mr. Cox, $15,604 for Mr. Wine, $12,388 for Mr. Heilmann, $13,926 for Mr. Lauer, and $12,063 for Mr. Rolfe); profit-sharing contributions ($27,127 for Mr. Cox, $17,595 for Mr. Wine, $14,046 for Mr. Heilmann, $14,121 for Mr. Lauer, and $13,144 for Mr. Rolfe); 401(k) match for each NEO; and for Mr. Cox and Mr. Wine, perquisites related to Company-paid parking and spousal travel.
(6)Includes the grant date fair value of ROIC Performance Shares at target of $1,125,053 for Mr. Cox, $262,523 for Messrs. Heilmann, Rolfe and Lauer, and $337,547 for Mr. Wine. The grant date fair value of these Performance Share awards at maximum are $2,812,631 for Mr. Cox, $656,307 for Messrs. Heilmann, Rolfe and Lauer, and $843,868 for Mr. Wine.
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.