Form 4: Bank of Hawaii Director Sells Shares in Open Market Transaction
SEC Form 4 Filing
Bank of Hawaii director, Lucien Kent Thomas, sold 2,000 shares of common stock at an average price of $80.10 per share on November 13, 2024.
Summary
- Lucien Kent Thomas, a director at Bank of Hawaii Corp, sold 2,000 shares of common stock on November 13, 2024.
- The sale was executed at a weighted average price of $80.10 per share, with individual sale prices ranging from $80.07 to $80.20.
- Following the transaction, Mr. Thomas directly owns 36,639 shares of common stock.
- He also indirectly owns 3,500 shares through his wife and 1,000 shares through a Keogh Plan.
Sentiment
Score: 5
Explanation: The document is a neutral report of a stock sale by a director, with no indication of positive or negative sentiment.
Industry Context
This is a routine Form 4 filing, which is common for corporate insiders who trade company stock. It provides transparency into the trading activities of directors and officers.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider trading.
- The sale by Mr. Thomas is not unusual and is within the typical range of insider transactions.
Stakeholder Impact
- The stock sale by a director may have a minor impact on shareholder sentiment, but is unlikely to significantly affect the company's operations or financial position.
Key Dates
| Date | Description |
|---|---|
| 11/13/2024 | Date of the stock sale transaction. |
Keywords
insider trading, stock sale, director, Bank of Hawaii, BOH, common stock, Lucien Kent Thomas
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