Form 4: Director Apoliona Haunani S Acquires Additional Bank of Hawaii Corp Shares Through Deferred Compensation and Dividend Reinvestment

Apoliona Haunani S, a director of Bank of Hawaii Corp, reports acquiring additional shares through the Directors' Deferred Compensation Plan and Dividend Reinvestment Plan.

Summary

• On March 31, 2024, Apoliona Haunani S, a director of Bank of Hawaii Corp, acquired 291 shares of common stock through the Directors' Deferred Compensation Plan.
• The acquisition price was $61.06 per share.
• Additionally, Ms. Apoliona acquired shares through reinvested dividends pursuant to Bank of Hawaii Corporation's Dividend Reinvestment and Stock Purchase Plan.
• Following these transactions, Ms. Apoliona directly owns 13,518 shares of Bank of Hawaii Corp.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The report simply reflects routine transactions related to director compensation and dividend reinvestment. There is no indication of significant positive or negative sentiment.

Positives

• The director's participation in the Deferred Compensation Plan and Dividend Reinvestment Plan demonstrates a continued investment in the company's future.

Industry Context

Insider transactions are routinely monitored and reported to the SEC. These transactions can provide insights into management's perspective on the company's valuation and future prospects. However, small transactions such as these are unlikely to be indicative of any major change in the company's outlook.

Comparison to Industry Standards

• Director ownership levels vary across the banking industry.
• Comparing Apoliona Haunani S's holdings to those of directors at similar-sized regional banks like First Hawaiian, Inc. (FHB) or Central Pacific Financial Corp. (CPF) could provide a benchmark.
• Participation in deferred compensation and dividend reinvestment plans is a common practice among directors in publicly traded companies.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders.
• They reflect a director's ongoing investment in the company, which can be viewed positively by shareholders.

Key Dates