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[Form 4] BANK OF HAWAII CORP Insider Trading Activity

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Bank of Hawaii Corporation Chairman & CEO Peter S. Ho reported equity compensation activity. On February 20, 2026, he exercised 39,937 restricted stock units, receiving the same number of common shares. Of these, 20,108 shares were withheld by the company to cover tax liabilities at $80.07 per share.

After these transactions, Ho directly owned 176,603 shares of common stock and held an additional 6,943 shares indirectly through a 401(k) plan. The restricted stock units were originally granted on February 24, 2023 and vested based on a three-year performance period.

Positive

  • None.

Negative

  • None.
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*
HO PETER S

(Last) (First) (Middle)
P.O. BOX 2900

(Street)
HONOLULU HI 96846

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
BANK OF HAWAII CORP [ BOH ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chairman & CEO
3. Date of Earliest Transaction (Month/Day/Year)
02/20/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 02/20/2026 M 39,937 A (1) 196,711 D
Common Stock 02/20/2026 F 20,108(2) D $80.07 176,603 D
Common Stock 6,943 I By 401(k) Plan
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) 02/20/2026 M 39,937 (3) (3) Common Stock 39,937 $0.00 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 February 24, 2023. The 39,937 restricted stock units originally granted were subject to service and performance vesting requirements, based on the three-year performance period.
Remarks:
/s/ Katherine Lamb for HO PETER S by Power of Attorney 02/23/2026
** 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.

FAQ

What insider transactions did BOH Chairman & CEO Peter S. Ho report?

Peter S. Ho reported exercising 39,937 restricted stock units into common shares. Of these, 20,108 shares were withheld by Bank of Hawaii Corporation to satisfy tax liabilities related to the vesting of the performance-based award.

How many Bank of Hawaii (BOH) shares does Peter S. Ho own after this Form 4?

After the reported transactions, Peter S. Ho directly owns 176,603 shares of BOH common stock. He also holds 6,943 additional shares indirectly through a 401(k) plan, reflecting his ongoing equity stake in the company.

Was the BOH CEO’s Form 4 a market buy or sell of shares?

The filing reflects an exercise of 39,937 restricted stock units and a tax-withholding disposition of 20,108 shares at $80.07, not an open-market buy or sell. Shares were withheld by the company to cover tax obligations on the vesting.

What was the origin and vesting structure of Peter Ho’s 39,937 BOH restricted stock units?

The 39,937 restricted stock units were granted on February 24, 2023. They were subject to both service and performance vesting conditions, tied to a three-year performance period before converting into Bank of Hawaii Corporation common stock.

How many BOH shares were withheld for taxes in the CEO’s 2026 Form 4?

Bank of Hawaii Corporation withheld 20,108 common shares from Peter S. Ho at $80.07 per share. These withheld shares covered tax liabilities incurred upon the vesting and settlement of his 39,937 performance-based restricted stock units.
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