Form 4: First Hawaiian Inc. Vice Chairman Alan Arizumi Reports Acquisition of Restricted Stock Units

Alan Arizumi, Vice Chairman of First Hawaiian, Inc., reports the acquisition of restricted stock units and common stock, as well as adjustments to his indirectly held shares.

Summary

• On February 28, 2024, Alan Arizumi, Vice Chairman of First Hawaiian, Inc. (FHB), acquired 5,769 shares of common stock and 913 shares indirectly through his spouse.
• These acquisitions were related to restricted stock units that vest in three equal annual installments starting February 28, 2025.
• The restricted stock units will settle in shares of common stock on a one-for-one basis, contingent upon continued employment through the vesting dates.
• Following these transactions, Arizumi directly owns 64,008 shares of common stock and indirectly owns 7,328 shares through his spouse.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it's a standard regulatory filing. The acquisition of shares by an executive is generally viewed as a positive signal, but the filing itself is simply a disclosure requirement.

Positives

• The acquisition of restricted stock units and common stock by a company executive can be seen as a positive sign, indicating confidence in the company's future performance.

Future Outlook

The restricted stock units will vest in three equal annual installments beginning on February 28, 2025, subject to continued employment.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives and their holdings in the company's stock.

Stakeholder Impact

• The disclosure provides transparency to shareholders regarding the holdings of company executives.
• The acquisition of shares by an executive may signal confidence in the company's future, potentially impacting shareholder sentiment.

Key Dates