Form 4: Bank of Hawaii CFO Reports Executive Stock Activity

Bank of Hawaii's Vice Chair and CFO, Bradley Steven Satenberg, reported the acquisition of 6,330 restricted stock units and the disposition of 2,013 common shares.

Summary

• Bradley Steven Satenberg, Vice Chair and Chief Financial Officer of Bank of Hawaii Corp (BOH), filed a Form 4 statement.
• The filing reports the acquisition of 6,330 Restricted Stock Units (RSUs) on February 19, 2026.
• Each RSU represents a contingent right to receive one share of Bank of Hawaii Corporation common stock.
• These 6,330 RSUs are subject to service and performance vesting requirements over a three-year performance period.
• The filing also indicates the disposition of 2,013 shares of common stock.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive filing, reflecting standard executive compensation practices and a commitment to long-term performance through RSU grants, despite a minor share disposition.

Positives

• The grant of 6,330 Restricted Stock Units (RSUs) aligns the executive's interests with long-term shareholder value through performance and service-based vesting requirements.

Negatives

• The disposition of 2,013 shares of common stock reduces the executive's direct beneficial ownership.

Future Outlook

The Restricted Stock Units are subject to a three-year performance period, indicating a long-term incentive structure for the executive.

Industry Context

StockSavvy.ai notes that RSU grants with performance and service-based vesting are a common and effective executive compensation strategy in the financial services industry, designed to align management incentives with the company's long-term strategic goals and shareholder returns.

Comparison to Industry Standards

• StockSavvy.ai observes that performance-based restricted stock units are a standard compensation practice in the financial services industry, similar to those offered by peers like First Hawaiian Bank (FHB) or Central Pacific Financial Corp (CPF), aiming to incentivize long-term executive performance and retention.

Stakeholder Impact

• Shareholders may benefit from the executive's continued alignment with the company's long-term performance through the RSU grant.

Next Steps

• Vesting of the 6,330 Restricted Stock Units over the next three years, contingent on service and performance requirements.

Key Dates

Recommendation

This Form 4 details routine insider transactions related to executive compensation, specifically an RSU grant and a disposition of common stock. Such filings typically do not provide sufficient information to warrant a change in investment recommendation, thus a 'hold' stance is maintained pending broader financial or strategic updates.

Keywords

Bank of Hawaii, BOH, Form 4, Insider Transaction, Restricted Stock Units, RSU, Executive Compensation, CFO, Stock Ownership