Form 4: Bank of Hawaii Director Acquires Shares Through Deferred Compensation Plan

A Bank of Hawaii director, Robert W. Wo Jr., acquired 315 shares of common stock through the Directors' Deferred Compensation Plan.

Summary

• Robert W. Wo Jr., a director at Bank of Hawaii Corporation, acquired 315 shares of common stock on December 31, 2024.
• The shares were acquired through the Directors' Deferred Compensation Plan at a price of $70.75 per share.
• The transaction also included reinvested dividends from the Bank of Hawaii Corporation's Dividend Reinvestment and Stock Purchase Plan.
• Following the transaction, Mr. Wo directly owns 32,061 shares of Bank of Hawaii stock.

Sentiment

Score: 7

Explanation: The transaction is a routine insider purchase, which is generally viewed positively as it indicates confidence in the company. However, it is not a major event that would significantly impact sentiment.

Positives

• The director's purchase of shares demonstrates confidence in the company's future.
• The use of the Directors' Deferred Compensation Plan aligns the director's interests with those of shareholders.
• The reinvestment of dividends shows a long-term commitment to the company.

Industry Context

This is a routine transaction for a director of a publicly traded company, and it is common for directors to participate in deferred compensation plans and dividend reinvestment programs.

Comparison to Industry Standards

• Director stock purchases are a common occurrence in publicly traded companies, and the use of deferred compensation plans is a standard practice.
• The price of $70.75 per share is consistent with the market price of Bank of Hawaii stock at the time of the transaction.
• The number of shares acquired is not unusual for a director's participation in such plans.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it signals confidence from a company director.

Key Dates

Keywords

Bank of Hawaii, Director, Stock Acquisition, Deferred Compensation, Dividend Reinvestment, Insider Trading, BOH