Bank of Hawaii president shares withheld for taxes

BANK OF HAWAII CORP President James C. Polk reported a tax-withholding share disposition tied to equity compensation.

Rhea-AI Filing Summary

BANK OF HAWAII CORP President James C. Polk reported a tax-withholding share disposition tied to equity compensation. On the vesting of restricted common stock, 28,419 shares were withheld by the company to cover tax liabilities at $74.25 per share. Following this, Polk directly holds 59,771 common shares, plus indirect holdings of 1,304 shares through a 401(k) plan and 1,859 shares in an IRA account.

Insider Trade Summary

Exercise Price or Tax Liability: 28,419 shares

Exercise Price or Tax Liability 3 txns

Insider Polk James C

Role President

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	28,419	$74.25	$2.11M
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 59,771 shares (Direct); Common Stock — 1,304 shares (Indirect, By 401(k) Plan); Common Stock — 1,859 shares (Indirect, IRA Account)

Footnotes (1)

1. F1. Represents shares of common stock withheld by Bank of Hawaii Corporation for payment of tax liability incurred upon the vesting of restricted shares of common stock.

Key Figures

Shares withheld for taxes: 28,419 shares Withholding price per share: $74.25 per share Direct shares after transaction: 59,771 shares +2 more

5 metrics

Shares withheld for taxes 28,419 shares Common stock withheld to cover tax liability on vesting

Withholding price per share $74.25 per share Price used for tax-withholding disposition of common stock

Direct shares after transaction 59,771 shares Common stock directly held by James C. Polk after withholding

401(k) plan holdings 1,304 shares Indirect ownership through 401(k) Plan

IRA account holdings 1,859 shares Indirect ownership through IRA Account

Key Terms

tax-withholding disposition, restricted shares of common stock, 401(k) Plan, IRA Account

4 terms

tax-withholding disposition financial

"reported a tax-withholding share disposition tied to equity compensation"

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

restricted shares of common stock financial

"incurred upon the vesting of restricted shares of common stock"

Restricted shares of common stock are company shares that cannot be sold or transferred until specific conditions are met, such as a set time period, performance targets, or regulatory approvals; they are often granted to founders, employees or early investors. They matter to investors because when the restrictions lift those shares can enter the market and increase the supply, potentially diluting existing holders and changing the stock’s price, similar to a locked faucet being opened and more water joining the flow.

401(k) Plan financial

"indirect holdings of 1,304 shares through a 401(k) plan"

A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.

IRA Account financial

"1,859 shares in an IRA account"

FAQ

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

What did BOH President James C. Polk report in this Form 4 filing?

James C. Polk reported a tax-related share disposition, where 28,419 Bank of Hawaii common shares were withheld upon vesting of restricted stock. This reflects payment of tax liability rather than an open-market sale and is a routine equity compensation event.

How many BOH shares were withheld for taxes from James C. Polk?

A total of 28,419 Bank of Hawaii common shares were withheld to cover James C. Polk’s tax liability on vesting restricted shares. The transaction was priced at $74.25 per share, according to the Form 4 disclosure and accompanying footnote.

How many BOH shares does James C. Polk hold after this transaction?

After the tax-withholding disposition, James C. Polk holds 59,771 Bank of Hawaii common shares directly. He also has indirect ownership of 1,304 shares through a 401(k) plan and 1,859 shares in an IRA account, as reported in the filing.

Was James C. Polk’s BOH transaction an open-market sale?

No, the filing shows a tax-withholding disposition, not an open-market sale. The 28,419 shares were withheld by Bank of Hawaii to pay tax liabilities from vested restricted shares, which is a standard mechanism in stock-based compensation programs.

What does the footnote explain about the BOH Form 4 transaction?

The footnote explains that the reported shares represent Bank of Hawaii common stock withheld to pay tax liability from vesting restricted shares. This clarifies the disposition was for tax payment purposes rather than discretionary selling in the market by James C. Polk.

What indirect BOH shareholdings does James C. Polk report?

James C. Polk reports indirect ownership of 1,304 Bank of Hawaii common shares through a 401(k) plan and 1,859 shares in an IRA account. These are separate from his 59,771 directly held shares and reflect retirement-related holdings.

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

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Accepted by SEC EDGAR 04/02/2026 - 06:19 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^*

Polk James C

(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)
	President

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

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	03/31/2026		F		28,419(1)	D	$74.25	59,771	D
Common Stock								1,304	I	By 401(k) Plan
Common Stock								1,859	I	IRA Account

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

Explanation of Responses:

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

Remarks:

	/s/ Katherine Lamb for Polk James C by Power of Attorney	04/01/2026
	** 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)