Form 4: Bank of Hawaii Director Robert Wo Jr. Reports Significant Deferred Compensation Stock Acquisition

Sentiment:

Insider Transaction Report


Bank of Hawaii Corp. Director Robert W. Wo Jr. reported the acquisition of 370 shares of common stock through the company's Directors' Deferred Compensation Plan, aligning his interests with shareholders.

Summary

  • Robert W. Wo Jr., a Director of Bank of Hawaii Corp. (BOH), reported an acquisition of 370 shares of common stock.
  • The transaction date for this acquisition was June 30, 2025, as an investment election under the Directors' Deferred Compensation Plan.
  • The shares were acquired at a price of $67.39 per share, totaling an acquisition value of $24,934.30.
  • Following this transaction, Robert W. Wo Jr. beneficially owns 33,470 shares of Bank of Hawaii Corporation common stock directly.
  • An additional portion of the shares beneficially owned were acquired through reinvested dividends via the company's Dividend Reinvestment and Stock Purchase Plan.
  • Distributions of these deferred compensation shares are scheduled upon termination of service as a director or earlier at the director's option.

Sentiment

Score: 7

Explanation: The acquisition of shares by a director through a deferred compensation plan and dividend reinvestment indicates strong alignment with shareholder interests and confidence in the company's long-term prospects, contributing to a positive sentiment.

Positives

  • The acquisition of shares by a director through a deferred compensation plan indicates strong alignment of interests between management and shareholders.
  • The reinvestment of dividends further demonstrates the director's continued confidence in the company's performance and long-term prospects.
  • The transaction is part of a structured plan (Rule 10b5-1(c)), suggesting a pre-planned, long-term investment strategy rather than opportunistic trading.

Future Outlook

Distributions of the acquired deferred compensation shares are set to occur upon the termination of service as a director or earlier at the director's discretion.

Industry Context

This filing is a routine disclosure of an insider transaction and does not provide broader industry context or trends. It reflects an individual director's compensation and investment activity within the financial services sector.

Related Party Transactions

  • Acquisition of 370 shares through the Directors' Deferred Compensation Plan, which is a standard compensation arrangement between the company and its director.

Stakeholder Impact

  • Shareholders: Positive impact due to increased alignment of director's interests with shareholder value through stock ownership and dividend reinvestment.

Next Steps

  • Distributions of the deferred compensation shares will be made upon termination of service as a director or earlier at the director's option.

Key Dates

DateDescription
06/30/2025Date of earliest transaction for the acquisition of 370 shares through the Directors' Deferred Compensation Plan.
07/01/2025Date the Form 4 was filed with the SEC.

Keywords

Bank of Hawaii Corp, BOH, Robert W. Wo Jr., SEC Form 4, insider transaction, director compensation, deferred compensation, stock acquisition, common stock, dividend reinvestment

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