Form 4: Bank of Hawaii Director Robert Wo Jr. Acquires Additional Shares

Sentiment:

SEC Form 4


Director Robert Wo Jr. of Bank of Hawaii Corp. reports acquisition of 1,109 shares of common stock at $58.63 per share on April 26, 2024.

Summary

  • On April 26, 2024, Robert Wo Jr., a director of Bank of Hawaii Corp, acquired 1,109 shares of common stock at a price of $58.63 per share.
  • Following this transaction, Wo's direct ownership increased to 43,648 shares.
  • Wo also has indirect ownership through an irrevocable trust (7,609 shares), shares owned by his wife (1,800 shares), shares owned by his wife's trust (1,000 shares), and custodial accounts for Jamie and Kellie (329 shares each).

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. The director's purchase indicates confidence, but it's a routine transaction.

Positives

  • The director's purchase of shares could be interpreted positively by the market, signaling confidence in the company's future prospects.

Industry Context

This filing is a routine disclosure of insider trading activity, which is common among corporate executives and directors. It provides transparency to the market regarding the buying and selling of company stock by insiders.

Stakeholder Impact

  • The transaction could have a minor positive impact on shareholder sentiment.

Key Dates

DateDescription
04/26/2024Date of transaction: Robert Wo Jr. acquired 1,109 shares of common stock.
04/30/2024Date of signature on the Form 4 filing.

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