Form 4: Director Jim Moffatt Receives First Hawaiian Stock Grant

Director Jim Moffatt acquired 2,613 restricted stock units in First Hawaiian, Inc. as part of an equity compensation grant.

Summary

• Director Jim Moffatt was granted 2,613 restricted stock units (RSUs) on April 22, 2026.
• The grant was issued at a price of $0 per share.
• Following this transaction, the director's total beneficial ownership of common stock increased to 16,854 shares.
• The RSUs are subject to vesting conditions based on continued service on the Board of Directors.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation, which is neutral in terms of market impact.

Positives

• Alignment of director interests with shareholders through equity-based compensation.
• Increase in total beneficial ownership by a board member.

Negatives

• None identified.

Risks

• Vesting is contingent upon continued service on the Board of Directors through the vesting date.

Future Outlook

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

Industry Context

StockSavvy.ai notes that equity grants to non-employee directors are standard corporate governance practice in the banking sector to ensure long-term alignment with shareholder value.

Comparison to Industry Standards

• The grant of restricted stock units is consistent with standard director compensation packages for regional banks of similar market capitalization.
• The vesting schedule aligns with typical one-year cliff vesting cycles observed in the financial services industry.

Stakeholder Impact

• Shareholders benefit from the continued alignment of board members with company performance.

Next Steps

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

Key Dates

Keywords

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