Form 4: First Hawaiian EVP's Routine Stock Withholding for Taxes

First Hawaiian, Inc. executive Darlene N. Blakeney reported routine stock dispositions to cover tax obligations from restricted stock unit vesting.

Summary

• Darlene N. Blakeney, Executive Vice President and Chief Lending Officer of First Hawaiian, Inc. (FHB), reported two transactions involving the disposition of common stock.
• On February 26, 2026, 567 shares of common stock were disposed of at a price of $25.89 per share.
• On February 28, 2026, an additional 579 shares of common stock were disposed of at a price of $24.76 per share.
• These dispositions represent shares withheld by the issuer to satisfy tax withholding obligations in connection with the vesting of previously granted restricted stock units.
• Following these transactions, Darlene N. Blakeney beneficially owns 23,395 shares of First Hawaiian, Inc. common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, representing a standard, non-discretionary transaction related to executive compensation rather than a strategic move or a reflection of company performance.

Positives

• The underlying event of restricted stock unit vesting indicates the executive is receiving compensation, aligning management interests with shareholder value.

Negatives

• The executive's direct beneficial ownership of common stock decreased by a total of 1,146 shares due to the tax withholding.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance.

Industry Context

StockSavvy.ai notes that routine insider transactions, such as those for tax withholding related to restricted stock unit vesting, are common across the financial services industry and generally do not indicate a change in company fundamentals or executive sentiment.

Stakeholder Impact

• Shareholders: Minimal impact, as these are routine, non-discretionary transactions related to executive compensation and do not reflect a change in company strategy or performance.
• Employees: No direct impact mentioned.

Key Dates

Keywords

FIRST HAWAIIAN, FHB, Form 4, insider transaction, executive compensation, restricted stock units, tax withholding, stock disposition