Form 4: First Hawaiian Inc. Executive James M. Moses Reports Acquisition of Restricted Stock Units

James M. Moses, Vice Chair & Chief Financial Officer of First Hawaiian, Inc., reports the acquisition of restricted stock units.

Summary

• On February 28, 2024, James M. Moses, Vice Chair & Chief Financial Officer of First Hawaiian, Inc. (FHB), acquired 13,461 shares of common stock in the form of restricted stock units.
• These restricted stock units vest in three equal annual installments starting February 28, 2025, and will settle in shares of Common Stock on a one-for-one basis, contingent upon continued employment.
• Following the transaction, Moses directly owns 28,608 shares of First Hawaiian, Inc. common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly 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.
• The vesting schedule encourages continued employment and commitment to the company's long-term success.

Future Outlook

The restricted stock units will vest over the next three years, subject to continued employment.

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 executive compensation and ownership changes.

Stakeholder Impact

• The vesting of restricted stock units incentivizes the executive to contribute to the company's success, potentially benefiting shareholders.
• Continued employment is required for vesting, which could provide stability in leadership.

Key Dates