Form 4: First Hawaiian Director Craig Scott Wo Reports Stock Transactions
SEC Form 4 Filing
Director Craig Scott Wo reports acquisition of restricted stock units and disposal of common stock.
Summary
- On April 22, 2025, Craig Scott Wo, a director of First Hawaiian, Inc. (FHB), acquired 3,005 restricted stock units (RSUs).
- These RSUs will vest on the earlier of April 22, 2026, the date of First Hawaiian, Inc.'s 2026 annual meeting of stockholders, or a change in control of First Hawaiian, Inc., subject to continued service on the Board of Directors.
- The RSUs will settle in shares of Common Stock on a one-for-one basis within 30 days of vesting.
- Wo also disposed of 25,000 shares of Common Stock held indirectly through R C Wo Investments LLC.
- Following these transactions, Wo directly owns 48,195 shares of Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Future Outlook
The restricted stock units will vest based on continued service and certain corporate events, indicating a long-term incentive for the director.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common in the financial industry.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in beneficial ownership.
- The vesting of restricted stock units incentivizes the director to remain with the company.
Key Dates
| Date | Description |
|---|---|
| 04/22/2025 | Date of stock transaction: acquisition of restricted stock units and disposal of common stock. |
| 04/22/2026 | Earliest vesting date for restricted stock units. |
| 04/24/2025 | Date of signature for the report. |
Keywords
Form 4, Director, Stock Transactions, Restricted Stock Units, Common Stock, First Hawaiian, FHB, Beneficial Ownership
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