Form 4: First Hawaiian Vice Chair Reports RSU Tax Withholding

Sentiment:

Insider Transaction Report


First Hawaiian, Inc. Vice Chair Alan Arizumi reported the disposition of common stock shares to cover tax obligations related to restricted stock unit vesting.

Summary

  • Alan Arizumi, Vice Chair of First Hawaiian, Inc., reported the disposition of 1,574 shares of common stock across two dates.
  • On February 26, 2026, 729 shares were disposed of directly and 112 shares indirectly (by spouse) at a price of $25.89 per share.
  • On February 28, 2026, 621 shares were disposed of directly and 112 shares indirectly (by spouse) at a price of $24.76 per share.
  • These dispositions were solely to satisfy tax withholding obligations upon the vesting of previously granted restricted stock units.
  • Following these transactions, Alan Arizumi directly beneficially owns 48,639 shares and indirectly owns 3,249 shares through his spouse.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the share dispositions are for routine tax withholding purposes related to RSU vesting, not a discretionary sale indicating a change in sentiment.

Positives

  • The transactions are non-discretionary, indicating a routine event rather than a voluntary sale by management.
  • The disposition of shares is for tax withholding, a standard practice upon RSU vesting, not a signal of lack of confidence.

Negatives

  • A reduction in direct and indirect beneficial ownership of common stock by a key executive, albeit for tax purposes.

Risks

  • No specific risks are mentioned in this routine Form 4 filing.

Future Outlook

No forward-looking statements or guidance are provided in this Form 4 filing.

Industry Context

StockSavvy.ai notes that routine insider transactions, such as share dispositions for tax withholding upon RSU vesting, are common across all industries and typically do not signal a change in company fundamentals or management's outlook. These are administrative actions rather than discretionary investment decisions.

Comparison to Industry Standards

  • StockSavvy.ai finds that the reported tax withholding transactions are standard practice for executives receiving equity compensation across publicly traded companies. There are no specific comparable companies or projects mentioned in this filing to assess against industry benchmarks beyond the routine nature of the event itself.

Related Party Transactions

  • The filing details transactions by a corporate officer (Alan Arizumi) with the issuer (First Hawaiian, Inc.) related to equity compensation, which are considered related party dealings in the context of insider reporting.

Stakeholder Impact

  • Shareholders: Minimal direct impact as these are routine tax-related transactions and do not reflect a discretionary sale. The executive's overall beneficial ownership remains substantial.
  • Employees: No direct impact on general employees.
  • Customers: No direct impact.
  • Suppliers: No direct impact.
  • Creditors: No direct impact.

Key Dates

DateDescription
03/01/2024Original filing date for restricted stock units related to the February 28, 2026 transactions.
03/13/2024Amendment date for restricted stock units related to the February 28, 2026 transactions.
02/28/2025Filing date for restricted stock units related to the February 26, 2026 transactions.
02/26/2026Transaction date for disposition of 841 shares (729 direct, 112 indirect) at $25.89 for tax withholding.
02/28/2026Transaction date for disposition of 733 shares (621 direct, 112 indirect) at $24.76 for tax withholding.
03/02/2026Signature date of the reporting person's attorney-in-fact.

Keywords

First Hawaiian, FHB, Alan Arizumi, Form 4, Insider Transaction, Restricted Stock Units, RSU Vesting, Tax Withholding, Beneficial Ownership

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