Form 4: First Hawaiian Inc. Vice Chairman Alan Arizumi Reports Stock Transactions
SEC Form 4 Filing
Alan Arizumi, Vice Chairman of First Hawaiian, Inc., reports acquisition and disposal of common stock related to performance share units.
Summary
- On February 23, 2024, Alan Arizumi, Vice Chairman of First Hawaiian, Inc., reported transactions involving the company's common stock.
- He acquired 7,588 shares of common stock at $0 related to performance share units granted in 2021.
- He also acquired 1,025 shares of common stock at $0 related to performance share units granted in 2021 held by his spouse.
- Additionally, 2,444 shares were disposed of at $21.16 to satisfy withholding obligations related to the performance share units.
- Additionally, 385 shares were disposed of at $21.16 to satisfy withholding obligations related to the performance share units held by his spouse.
- Following these transactions, Arizumi directly owns 58,239 shares and indirectly owns 6,415 shares through his spouse.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Future Outlook
The performance share units will be settled in shares of Common Stock no later than March 24, 2024.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the actions of company executives.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/23/2024 | Date of stock transactions (acquisition and disposal). |
| 02/27/2024 | Date of signature on the Form 4 filing. |
| March 24, 2024 | Performance share units will be settled in shares of Common Stock no later than this date. |
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