Form 4: First Hawaiian Inc. Executive James M. Moses Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
James M. Moses, Vice Chair & Chief Financial Officer of First Hawaiian, Inc., reports the acquisition of 9,488 restricted stock units.
Summary
- On February 26, 2025, James M. Moses, the Vice Chair & Chief Financial Officer of First Hawaiian, Inc. (FHB), acquired 9,488 restricted stock units.
- These restricted stock units will vest in three equal annual installments starting on February 26, 2026, and will settle in shares of Common Stock on a one-for-one basis, contingent upon continued employment through each vesting date.
- Following this transaction, Moses directly owns 35,577 shares of First Hawaiian, Inc. common stock.
Sentiment
Score: 7
Explanation: The sentiment is neutral to positive as it reflects standard executive compensation practices and aligns management interests with shareholders.
Positives
- The acquisition of restricted stock units aligns the executive's interests with those of the shareholders, incentivizing continued employment and performance.
Risks
- The vesting of the restricted stock units is contingent upon continued employment, creating a potential risk if the executive leaves the company before the vesting dates.
Future Outlook
The executive's compensation structure is designed to incentivize long-term performance and retention.
Industry Context
Executive compensation packages often include restricted stock units to align management's interests with shareholder value and encourage long-term commitment.
Stakeholder Impact
- Shareholders may view the granting of restricted stock units as a positive sign, aligning management's interests with long-term company performance.
Key Dates
| Date | Description |
|---|---|
| 02/26/2025 | Date of transaction: Acquisition of restricted stock units. |
| 02/26/2026 | First vesting date for the restricted stock units. |
| 02/28/2025 | Date of signature on the Form 4 filing. |
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