Form 4: First Hawaiian Director Mugiishi Acquires and Disposes of Shares

Sentiment:

SEC Form 4


Director Mark M. Mugiishi reports acquisition and disposal of First Hawaiian, Inc. shares, including restricted stock units.

Summary

  • Mark M. Mugiishi, a director of First Hawaiian, Inc., filed a Form 4 detailing changes in beneficial ownership.
  • On April 22, 2025, Mugiishi acquired 3,005 shares of common stock.
  • The acquisition was followed by a disposal of shares, resulting in a total of 10,961 shares beneficially owned following the reported transactions.
  • The filing also indicates the acquisition of restricted stock units that will vest on 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.
  • These restricted stock units will settle in shares of Common Stock on a one-for-one basis within 30 days of vesting.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing, so the sentiment is neutral. It reflects standard insider trading activity.

Future Outlook

The restricted stock units 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 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

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, such as directors and officers, ensuring fair market practices.

Stakeholder Impact

  • Shareholders are informed about the director's stock transactions, providing transparency.

Key Dates

DateDescription
04/22/2025Date of transaction: acquisition and disposal of common stock and acquisition of restricted stock units.
04/22/2026Earliest vesting date for restricted stock units.
04/24/2025Date of signature on the Form 4 filing.

Keywords

Form 4, beneficial ownership, First Hawaiian, Inc., director, stock acquisition, stock disposal, restricted stock units, FHB, Mugiishi

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