Bank of Hawaii CFO RSUs Vest and Convert to Stock

Bank of Hawaii Corporation Vice Chair & CFO Bradley Steven Satenberg reported the vesting and conversion of 2,973 restricted stock units into an equal number of common shares at $83.80 per share, eliminating this RSU award balance.

Rhea-AI Filing Summary

Bank of Hawaii Corporation Vice Chair & CFO Bradley Steven Satenberg reported the vesting and conversion of 2,973 restricted stock units into an equal number of common shares at $83.80 per share, eliminating this RSU award balance.

Of the shares delivered, 959 were withheld by the company to cover tax liabilities, leaving 2,014 shares from this grant. The RSUs came from an original 5,945-unit award granted on July 19, 2024, subject to service and two-year performance vesting requirements.

Insider Trade Summary

2,973 shares exercised/converted

Exercise 3 txns

Insider Satenberg Bradley Steven

Role Vice Chair & CFO

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units F1, F3	2,973	$83.80	$249K
Exercise	Common Stock F1	2,973	--	--
Tax Withholding	Common Stock F2	959	$83.80	$80K

Holdings After Transaction: Restricted Stock Units — 0 contracts (Direct); Common Stock — 4,027 shares (Direct)

Footnotes (3)

1. F1. Each restricted stock unit represents a contingent right to receive one share of Bank of Hawaii Corporation common stock.
2. F2. Represents shares of common stock withheld by Bank of Hawaii Corporation for payment of tax liability incurred upon the vesting of restricted stock units.
3. F3. This award was granted on July 19, 2024. The 5,945 restricted stock units originally granted were subject to service and performance vesting requirements, based on the two-year performance period.

Key Figures

RSUs converted to common stock: 2,973 units Conversion / valuation price: $83.80 per share Shares withheld for taxes: 959 shares +3 more

6 metrics

RSUs converted to common stock 2,973 units Restricted Stock Units converted into common shares on July 20, 2026

Conversion / valuation price $83.80 per share Per-share value used for RSU conversion and tax-withholding disposition

Shares withheld for taxes 959 shares Common shares withheld to pay tax liability on RSU vesting

Original RSU grant size 5,945 units Restricted stock units granted on July 19, 2024

RSU grant date July 19, 2024 Grant date of performance- and service-vested RSU award

Transaction date July 20, 2026 Date of RSU conversion and related tax-withholding disposition

Key Terms

Restricted Stock Units, tax liability, performance vesting requirements

3 terms

Restricted Stock Units financial

"Each restricted stock unit represents a contingent right to receive one share"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

tax liability financial

"shares of common stock withheld by Bank of Hawaii Corporation for payment of tax liability"

performance vesting requirements financial

"restricted stock units originally granted were subject to service and performance vesting requirements"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did BOH Vice Chair & CFO Bradley Satenberg report?

Bradley Steven Satenberg reported 2,973 restricted stock units vesting and converting into an equal number of Bank of Hawaii common shares at $83.80 per share, with a portion of the resulting shares withheld to satisfy tax obligations.

How many BOH restricted stock units vested and at what value per share?

A total of 2,973 restricted stock units vested for BOH’s CFO, converting into common stock valued at $83.80 per share. Each unit represented a contingent right to receive one share of Bank of Hawaii Corporation common stock.

How many BOH shares were withheld for taxes in this Form 4 filing?

The company withheld 959 common shares of Bank of Hawaii stock to pay the tax liability incurred upon the RSU vesting. This tax-withholding transaction was reported at a value of $83.80 per share under transaction code F.

What was the size and grant date of the original BOH RSU award?

The reported RSU activity relates to an original award of 5,945 restricted stock units granted on July 19, 2024. These units were subject to both service and performance vesting requirements over a specified two-year performance period.

Did the BOH CFO’s RSU transaction involve an open-market sale of shares?

The reported BOH transactions show RSU vesting, share delivery, and tax withholding, but no open-market sale. Shares were converted from RSUs and a portion was delivered back to the issuer solely to satisfy tax liabilities associated with the vesting event.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 07/21/2026 - 04:56 PM Accepted by SEC EDGAR 07/21/2026 - 04:56 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Satenberg Bradley Steven

(Last) (First) (Middle)

130 MERCHANT STREET

(Street)

HONOLULU HAWAII 96813

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
BANK OF HAWAII CORP [ BOH ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Vice Chair & CFO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/20/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/20/2026		M		2,973	A	(1)	4,986	D
Common Stock	07/20/2026		F		959(2)	D	$83.8	4,027	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	07/20/2026		M			2,973	(3)	(3)	Common Stock	2,973	$83.8	0.00	D

Explanation of Responses:

1. Each restricted stock unit represents a contingent right to receive one share of Bank of Hawaii Corporation common stock.

2. Represents shares of common stock withheld by Bank of Hawaii Corporation for payment of tax liability incurred upon the vesting of restricted stock units.

3. This award was granted on July 19, 2024. The 5,945 restricted stock units originally granted were subject to service and performance vesting requirements, based on the two-year performance period.

Remarks:

	/s/ Katherine Lamb for Satenberg Bradley Steven by Power of Attorney	07/20/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)