Form 4: Bank of Hawaii Director Acquires Additional Shares
SEC Form 4
Raymond P. Vara Jr., a director of Bank of Hawaii Corp, acquired 1,109 shares of common stock at a price of $58.63 per share on April 26, 2024.
Summary
- On April 26, 2024, Raymond P. Vara Jr., a director of Bank of Hawaii Corp, purchased 1,109 shares of the company's common stock.
- The shares were acquired at a price of $58.63 per share.
- Following the transaction, Vara's direct ownership increased to 10,987 shares.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. A director purchasing shares suggests confidence, but it's a routine transaction.
Positives
- A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders. This particular transaction reflects the actions of a director at Bank of Hawaii Corp.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 04/26/2024 | Date of transaction: Raymond P. Vara Jr. acquired 1,109 shares of Bank of Hawaii Corp common stock. |
| 04/30/2024 | Date of report: Form 4 filing date. |
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