Form 4: First Hawaiian Inc. Vice Chairman Alan Arizumi Reports Stock Transactions

Alan Arizumi, Vice Chairman of First Hawaiian, Inc., reports disposition of shares to cover withholding obligations related to vesting of restricted stock units.

Summary

• On February 28, 2025, Alan Arizumi, Vice Chairman of First Hawaiian, Inc. (FHB), disposed of 621 shares of common stock at a price of $26.91 per share to cover withholding obligations.
• Additionally, 112 shares held indirectly by Mr. Arizumi's spouse were disposed of at the same price for the same reason.
• Following these transactions, Mr. Arizumi directly owns 73,968 shares and indirectly owns 8,528 shares through his spouse.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions for tax purposes, indicating a neutral sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, which are common when executives vest restricted stock units. It provides transparency into the executive's stock ownership but doesn't necessarily indicate a change in the company's prospects.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies and their executives.
• The transactions are typical for covering tax obligations related to stock vesting, similar to practices observed at other financial institutions like Bank of Hawaii or Central Pacific Financial Corp.

Stakeholder Impact

• The transactions have a minimal impact on shareholders as they are related to tax obligations and do not represent a significant change in ownership.

Key Dates