Form 4: Tertia M. Freas Acquires 1,506 Shares of First Hawaiian, Inc. (FHB) as Director

Director Tertia M. Freas acquired 1,506 shares of First Hawaiian, Inc. (FHB) common stock in a transaction dated October 15, 2024.

Summary

• On October 15, 2024, Tertia M. Freas, a director of First Hawaiian, Inc. (FHB), acquired 1,506 shares of common stock.
• The shares were acquired directly.
• These shares are restricted stock units that will vest on October 15, 2025, the date of First Hawaiian, Inc.'s 2025 annual meeting of stockholders, or a change in control of First Hawaiian, Inc., subject to continued service on the First Hawaiian, Inc. Board of Directors through the vesting date.
• The restricted stock units will settle in shares of Common Stock on a one-for-one basis within 30 days of vesting.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard disclosure of stock acquisition by a director. While insider buying can be seen as positive, this is a small amount of restricted stock units.

Positives

• The acquisition of shares by a director could be seen as a positive signal, indicating confidence in the company's future prospects.

Risks

• The vesting of the restricted stock units is contingent upon continued service on the board, which introduces a dependency on the director's continued involvement.

Future Outlook

The document does not contain specific forward-looking statements beyond the vesting conditions of the restricted stock units.

Industry Context

This filing is a routine disclosure of a director's stock acquisition, which is common in the financial industry as part of executive compensation and alignment of interests with shareholders.

Stakeholder Impact

• The acquisition of shares by a director may have a slightly positive impact on shareholder sentiment.

Key Dates