FHB.NASDAQFirst Hawaiian, INC

Form 4: First Hawaiian, Inc. Executive Robert S. Harrison Reports Share Withholding for Tax Obligations

Sentiment:

SEC Form 4 Filing

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Robert S. Harrison, Chairman, President, and CEO of First Hawaiian, Inc., reports the withholding of 7,572 common stock shares to cover tax obligations related to vesting restricted stock units.

Summary

  • On February 28, 2025, Robert S. Harrison, Chairman, President, and CEO of First Hawaiian, Inc., had 7,572 shares of common stock withheld to satisfy withholding obligations.
  • This action was related to the vesting of restricted stock units previously reported on March 1, 2024.
  • The shares were withheld at a price of $26.91 per share.
  • Following the transaction, Harrison directly owns 476,697 shares of First Hawaiian, Inc. common stock.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing detailing a standard transaction related to executive compensation. It doesn't indicate any particular positive or negative sentiment, but rather reflects normal business operations.

Industry Context

This is a routine filing related to executive compensation and tax obligations, common for publicly traded companies. It provides transparency into the transactions of company insiders.

Stakeholder Impact

  • The transaction has a minimal direct impact on stakeholders, as it is a routine adjustment of share ownership related to executive compensation.

Key Dates

DateDescription
March 1, 2024Date of previously reported Form 4 regarding restricted stock units.
February 28, 2025Date of the share withholding transaction.
March 3, 2025Date of signature on the Form 4 filing.

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