Form 4: Director Craig Scott Wo Receives FHB Equity Grant

First Hawaiian, Inc. director Craig Scott Wo was granted 2,613 restricted stock units as part of annual compensation.

Summary

• Director Craig Scott Wo acquired 2,613 restricted stock units (RSUs) of First Hawaiian, Inc. (FHB) common stock.
• The transaction occurred on April 22, 2026, at a price of $0 per share, representing an equity-based compensation grant.
• Following this transaction, the director's direct beneficial ownership increased to 50,808 shares.
• The director maintains an indirect interest in 25,000 shares held by R C Wo Investments LLC.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding director compensation that does not signal a change in company strategy or financial health.

Positives

• Alignment of director interests with shareholders through equity-based compensation.
• Increase in direct share ownership by a member of the Board of Directors.

Negatives

• None identified; this is a standard compensatory equity grant.

Risks

• Vesting of the restricted stock units is subject to the director's continued service on the Board of Directors through April 22, 2027.

Future Outlook

The restricted stock units are scheduled to vest on April 22, 2027, or upon the date of the 2027 annual meeting of stockholders, or upon a change in control, provided the director remains in service.

Industry Context

StockSavvy.ai notes that equity grants to non-employee directors are a standard corporate governance practice in the banking sector to ensure long-term alignment between board members and shareholders.

Comparison to Industry Standards

• The grant structure is consistent with standard director compensation packages for regional banks of similar market capitalization.
• The use of restricted stock units with a one-year vesting period is a common retention and alignment tool in the financial services industry.

Related Party Transactions

• The reporting person holds an indirect interest in 25,000 shares through R C Wo Investments LLC.

Stakeholder Impact

• Minimal impact on shareholders as this is a standard director compensation event.

Next Steps

• Vesting of the 2,613 restricted stock units on April 22, 2027.

Key Dates

Keywords

First Hawaiian, FHB, Director, Insider Trading, Form 4, Equity Compensation, Banking