Heilmann Peter T

Matson EVP and Chief Admin Officer Peter Heilmann sells 7,173 shares for $1.29M, his fourth open-market sale at the company in 36 months.

Peter Heilmann, Matson's Executive Vice President and Chief Administrative Officer, sold approximately one-fifth of his direct shareholding in a transaction totaling roughly $1.3 million, reducing his stake from about 32,700 shares to about 25,500 shares. This marks his fourth open-market sale at Matson over the past three years—a consistent pattern of disposition rather than accumulation. Examining his prior three sales at this company reveals a troubling track record: all three were poorly timed, with the stock rising in the 30-day and 90-day periods following each exit, a uniform poor-timing pattern across both timeframes. The company remains solidly profitable with a reasonable valuation, but the stock is currently trading about 5% below its 52-week high after a notable rally over the past quarter. Heilmann's repeated selling, combined with his historically unsuccessful exits from this same stock, suggests neither insider conviction in Matson's near-term prospects nor a pattern of selling at opportune moments.

EVP Heilmann sells 13,000 MATX shares at $165.46; holds 32,679 post-sale (-28.5% vs pre-transaction)

Peter T Heilmann, Chief Admin Officer & General Counsel, sold 13,000 shares at $165.46 for $2,151,013.80, reducing his holdings from 45,679 to 32,679 shares. His prior two sales at Matx saw 90-day returns of +19.7% and +20.5% — both poorly timed, as the stock rose after his sales. His cross-ticker track record shows zero well-timed sales (0.00% well-timed rate across all open-market history), suggesting no pattern of prescient timing. The current stock trades at $167.38, near its 52-week high of $171.24, and has surged +47.1% over 90 days; the company trades at a reasonable P/E of 12.80 with recent quarterly net income of $134,700,000.00 against revenue of $880,100,000.00. The sale removes a meaningful block but leaves the insider with substantial remaining holdings; absent disclosure of scheduled trading plans or disclosed motivations, the transaction reflects only a liquidity or position adjustment at elevated price levels.

EVP Peter Heilmann sold 10,000 MATX shares for $1,293,739.36 in two transactions at blended avg $129.37

Peter Heilmann, EVP and Chief Admin. Officer & GC, executed two separate sales totaling 10,000 shares on 2024-08-06, reducing his holdings by 20.7% from 48.4K to 38.4K shares. The sales occurred at prices ($130.23 and $129.35) near the 52-week high of $132.87, with current price at $128.11 and 90-day momentum at +12.1%. This represents a material reduction in a senior executive's position at a company trading at a modest P/E of 12.97, though annual revenue declined 28.8% year-over-year. The absence of flagged trading plan designation indicates these were discretionary sales, not scheduled dispositions.