Form 4: First Hawaiian, Inc. Director Jim Moffatt Reports Acquisition and Disposal of Common Stock

Sentiment:

SEC Form 4 Filing


Director Jim Moffatt reports acquiring 3,005 shares of First Hawaiian, Inc. common stock and disposing of shares, resulting in a holding of 14,241 shares.

Summary

  • On April 22, 2025, Jim Moffatt, a director of First Hawaiian, Inc., reported acquiring 3,005 shares of common stock.
  • These shares were acquired at a price of $0.
  • Moffatt also disposed of shares on the same day.
  • Following these transactions, Moffatt beneficially owns 14,241 shares of First Hawaiian, Inc.
  • The acquired shares represent 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.
  • The restricted stock units will settle in shares of Common Stock on a one-for-one basis within 30 days of vesting.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it is a standard disclosure of stock transactions by a director. The acquisition of shares could be seen as a slightly positive sign, indicating confidence in the company's future.

Positives

  • The acquisition of restricted stock units by a director signals confidence in the company's future performance.

Future Outlook

The vesting of restricted stock units is contingent upon continued service on the First Hawaiian, Inc. Board of Directors through the vesting date, or a change in control of First Hawaiian, Inc.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track management's sentiment and alignment with shareholder interests.

Stakeholder Impact

  • The disclosure provides transparency to shareholders regarding the transactions of a company insider.

Key Dates

DateDescription
04/22/2025Date of transaction: acquisition and disposal of common stock.
04/22/2026Vesting date of restricted stock units, contingent on continued service or a change in control, or the date of First Hawaiian, Inc.'s 2026 annual meeting of stockholders.
04/24/2025Date of signature by Attorney-In-Fact.

Keywords

Form 4, Director, Stock Acquisition, Stock Disposal, Beneficial Ownership, Restricted Stock Units, First Hawaiian, Inc., FHB

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