Form 4: Bank of Hawaii Director Acquires Shares

Bank of Hawaii Director Robert W. Wo Jr. acquired 386 shares through a deferred compensation plan, increasing his direct beneficial ownership to 34,208 shares.

Summary

• Robert W. Wo Jr., a Director at Bank of Hawaii Corp (BOH), acquired 386 derivative securities on September 30, 2025.
• This acquisition was an investment election made under the Directors' Deferred Compensation Plan.
• Each derivative security was acquired at a price of $65.83, representing one share of Common Stock.
• Following this transaction, Mr. Wo Jr. directly beneficially owns 34,208 derivative securities.
• Additional securities were acquired through reinvested dividends via the Bank of Hawaii Corporation's Dividend Reinvestment and Stock Purchase Plan.
• The transaction was made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities, intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 7

Explanation: The acquisition of shares by a director, even if part of a deferred compensation plan, generally indicates confidence in the company's future performance and aligns insider interests with shareholders, which is a positive signal.

Positives

• The acquisition by a director signals confidence in the company's future prospects.
• Increased insider ownership aligns management interests more closely with those of shareholders.

Future Outlook

The filing does not contain specific forward-looking statements or guidance beyond the details of the reported transaction.

Industry Context

Insider buying, particularly by a director, is generally viewed as a positive indicator within the financial services industry, suggesting that those with intimate knowledge of the company believe its stock is undervalued or poised for growth. This transaction, being part of a deferred compensation plan, reflects a long-term commitment.

Stakeholder Impact

• Shareholders: The transaction may be perceived as a positive signal, potentially boosting investor confidence due to increased insider ownership and alignment of interests.

Key Dates

Recommendation

The director's acquisition of shares, while a positive signal of insider confidence and alignment, is a relatively small transaction within a deferred compensation plan. It reinforces a 'hold' recommendation, suggesting that existing investors maintain their positions based on this positive, albeit not transformative, development. It does not, by itself, warrant a 'buy' or 'strong buy' without further fundamental analysis.

Keywords

Bank of Hawaii, BOH, Insider Trading, Form 4, Director Stock Acquisition, Deferred Compensation Plan, Equity Securities, Share Ownership