Form 4: Bank of Hawaii Corp Director Wo Robert W Jr. Reports Stock Acquisition

Director Wo Robert W Jr. reports acquiring 392 shares of Bank of Hawaii Corp stock through the Directors' Deferred Compensation Plan and dividend reinvestments.

Summary

• On July 1, 2024, Director Wo Robert W Jr. acquired 392 shares of Bank of Hawaii Corporation (BOH) stock.
• The acquisition was made through the Directors' Deferred Compensation Plan and dividend reinvestments.
• The price per share for the acquisition under the Directors' Deferred Compensation Plan was $56.71.
• Following the reported transaction, Wo Robert W Jr. beneficially owns 30,762 shares of BOH stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The director's stock acquisition reflects confidence in the company, but it's a routine transaction.

Positives

• Director's participation in the Directors' Deferred Compensation Plan and Dividend Reinvestment Plan shows confidence in the company.

Industry Context

Directors' stock acquisitions are common and often viewed positively, indicating alignment of interests between management and shareholders. Deferred compensation plans are a typical component of executive and director compensation packages in the banking industry.

Comparison to Industry Standards

• Director stock ownership is a common practice in publicly traded companies, including those in the financial sector.
• Comparable companies such as First Hawaiian, Inc. (FHB) also have similar director compensation and stock ownership structures.
• The level of stock ownership is within the expected range for a director of a company of Bank of Hawaii's size and market capitalization.

Stakeholder Impact

• The transaction could have a slightly positive impact on shareholder sentiment due to the director's increased stake in the company.

Key Dates