Form 4: Bank of Hawaii Corp Vice Chair & CRO, Mary E. Sellers, Reports Stock Disposal for Tax Liability
SEC Form 4 Filing
Mary E. Sellers, Vice Chair & CRO of Bank of Hawaii Corp, reports disposing of 14,338 shares of common stock to cover tax obligations upon vesting of restricted shares.
Summary
- On April 1, 2024, Mary E. Sellers, Vice Chair & CRO of Bank of Hawaii Corp, disposed of 14,338 shares of common stock.
- The transaction was executed to cover tax liabilities incurred upon the vesting of restricted shares.
- The shares were disposed of at a price of $60.91 per share.
- Following the transaction, Sellers directly owns 71,788 shares of Bank of Hawaii Corp common stock.
- Sellers retired from the Chief Risk Officer position effective March 31, 2024, and is no longer subject to Section 16 reporting requirements.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to an insider transaction. It doesn't convey any particularly positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and is a common occurrence in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 03/31/2024 | Mary E. Sellers retired from the Chief Risk Officer position. |
| 04/01/2024 | Transaction date: Disposal of 14,338 shares of common stock. |
| 04/02/2024 | Date of report filing. |
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