Form 4: First Hawaiian, Inc. Director Jim Moffatt Reports Changes in Beneficial Ownership

Director Jim Moffatt reports acquisition and disposal of First Hawaiian, Inc. common stock and restricted stock units.

Summary

• On April 24, 2024, Jim Moffatt, a director of First Hawaiian, Inc., reported changes in his beneficial ownership of the company's securities.
• Moffatt acquired 3,151 shares of common stock.
• He also disposed of 11,236 shares of common stock.
• The filing also indicates that Moffatt holds restricted stock units that will vest on April 24, 2025, the date of First Hawaiian, Inc.'s 2025 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.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing, so the sentiment is neutral.

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

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Key Dates