Form 4: First Hawaiian Inc. Executive Lea M. Nakamura Reports Stock Transactions
SEC Form 4 Filing
EVP & Chief Risk Officer of First Hawaiian, Inc., Lea M. Nakamura, reports acquisition and disposal of company stock related to performance share units.
Summary
- On February 18, 2025, Lea M. Nakamura, EVP & Chief Risk Officer of First Hawaiian, Inc., acquired 1,757 shares of common stock related to performance share units granted in 2022.
- These shares were earned based on performance-based vesting requirements over a three-year period ending December 31, 2024, and continued employment.
- The Compensation Committee approved the share amount on February 18, 2025, with settlement due by March 20, 2025.
- 660 shares were withheld to cover withholding obligations at a price of $27.79 per share.
- Following these transactions, Nakamura directly owns 18,683 shares of First Hawaiian, Inc. common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reflects routine executive stock transactions related to previously granted compensation. There are no indications of unusual or concerning activity.
Positives
- The vesting of performance share units indicates that performance goals were met over the three-year period.
Future Outlook
The performance share units will be settled in shares of Common Stock no later than March 20, 2025.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, providing transparency to investors about insider activity.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding executive compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| 2022 | Performance share units were granted. |
| December 31, 2024 | End of the three-year performance period for the share units. |
| February 18, 2025 | Date of transaction and Compensation Committee approval of share amount. |
| February 20, 2025 | Date of filing. |
| March 20, 2025 | Latest date for settlement of performance share units. |
Keywords
First Hawaiian, Inc., FHB, Lea M. Nakamura, Form 4, Executive Compensation, Performance Share Units, Stock Transactions, Beneficial Ownership
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