Form 4: First Hawaiian Director Craig Scott Wo Reports Acquisition and Disposal of Shares

Sentiment:

SEC Form 4


Director Craig Scott Wo reports acquiring 3,151 shares of First Hawaiian, Inc. stock and disposing of 25,000 shares held indirectly.

Summary

  • On April 24, 2024, Craig Scott Wo, a director of First Hawaiian, Inc., reported a transaction involving the company's common stock.
  • Wo acquired 3,151 shares of common stock, which are restricted stock units that will vest on April 24, 2025, or the date of the 2025 annual meeting, or a change in control.
  • These shares were acquired at a price of $0.
  • Wo also disposed of 25,000 shares held indirectly through R C Wo Investments LLC.
  • Following these transactions, Wo directly owns 45,190 shares of First Hawaiian, Inc. common stock.

Sentiment

Score: 5

Explanation: Neutral. This is a standard SEC filing reporting stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment.

Future Outlook

The restricted stock units will vest on the earlier of (a) April 24, 2025, (b) the date of First Hawaiian, Inc.'s 2025 annual meeting of stockholders or (c) a change in control of First Hawaiian, Inc., subject to continued service on the First Hawaiian, Inc. Board of Directors through the vesting date, and will settle in shares of Common Stock on a one-for-one basis within 30 days of vesting.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to the market regarding the actions of company leadership.

Key Dates

DateDescription
04/24/2024Date of the stock transaction (acquisition and disposal).
04/24/2025Earliest vesting date for the restricted stock units.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.