Form 4: Bank of Hawaii Corp Executive Bradley Shairson Reports Stock Transaction
SEC Form 4
Bradley Shairson, Vice Chair and CRO of Bank of Hawaii Corp, reports disposition of 2,700 shares for tax liability.
Summary
- On May 1, 2024, Bradley Shairson, Vice Chair and CRO of Bank of Hawaii Corp, disposed of 2,700 shares of common stock to cover tax liabilities.
- The shares were withheld by Bank of Hawaii Corporation for payment of tax liability incurred upon the vesting of restricted shares of common stock.
- The price per share was $58.
- Following the transaction, Shairson directly owns 26,591 shares of Bank of Hawaii Corp common stock.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a routine transaction for tax purposes.
Industry Context
This is a routine Form 4 filing, reflecting a common practice of executives selling shares to cover tax obligations arising from vesting equity awards. It doesn't necessarily indicate a change in the executive's confidence in the company.
Stakeholder Impact
- The transaction has minimal impact on stakeholders as it is a routine sale to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/01/2024 | Date of stock transaction |
| 05/02/2024 | Date of signature |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.