STOCK TITAN

Director Wo-linked trust trims Bank of Hawaii (NYSE: BOH) stake

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Bank of Hawaii Corporation director Robert W. Wo Jr reported an indirect sale of 5,000 common shares linked to the Robert Ching Wo Trust 1985 at a weighted average price of $78.57 per share. The filing notes that he is a co-trustee and one of five beneficiaries and has disclaimed beneficial ownership except to the extent of his pecuniary interest.

Following this transaction, the trust no longer holds these 5,000 shares, while Wo continues to report 44,635 common shares held directly, additional indirect holdings through an irrevocable trust and his spouse, and 34,906 derivative units in a Directors' Deferred Compensation Plan that track Bank of Hawaii stock on a one-for-one basis.

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*
WO ROBERT W JR

(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
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/06/2026
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 02/06/2026 S 5,000(1) D $78.57(2) 0.00 I By Robert Ching Wo Trust 1985
Common Stock 44,635 D
Common Stock 8,373(3) I By Irrevocable Trust
Common Stock 1,800 I Owned by Wife
Common Stock 1,000 I Owned by Wife - Trust
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
Direc. Deferred Comp / Plan - BOHC Fund (4) (5) (5) Common Stock 34,906 34,906 D
Explanation of Responses:
1. Represents a total of 5,000 shares of common stock held by the Robert Ching Wo Trust 1985 (the "Trust"). The reporting person is a co-trustee of the Trust and is one of five beneficiaries of the Trust. The reporting person has disclaimed beneficial ownership of these securities except to the extent of the reporting person's pecuniary interest in such securities.
2. The price shown is a weighted average sale price for shares purchased in multiple transactions; the sale prices ranged from $78.54 to $78.68 per share. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
3. Securities reported were acquired with reinvested dividends pursuant to Bank of Hawaii Corporation's Dividend Reinvestment and Stock Purchase Plan.
4. Investment election by reporting person to acquire stock under the Directors' Deferred Compensation Plan at a price equal to the price of derivative security set forth in column 8 (1 for 1).
5. Investment election by reporting person to acquire Bank of Hawaii Corporation stock under the Directors' Deferred Compensation Plan. Distributions to be made at termination of service as a director or earlier at director's option.
Remarks:
/s/ Katherine Lamb for WO ROBERT W JR by Power of Attorney 02/09/2026
** 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 transaction did BOH director Robert W. Wo Jr report?

Robert W. Wo Jr reported an indirect sale of 5,000 Bank of Hawaii common shares by the Robert Ching Wo Trust 1985 at a weighted average price of $78.57. The transaction is coded as a sale and dated February 6, 2026, in the Form 4 filing.

How were the 5,000 BOH shares priced in the reported trust sale?

The 5,000 Bank of Hawaii shares tied to the Robert Ching Wo Trust 1985 were sold at a weighted average price of $78.57. Sale prices ranged from $78.54 to $78.68 per share, according to the footnote describing the transaction pricing range in the filing.

What BOH shareholdings does Robert W. Wo Jr report after this transaction?

After the trust-related sale, Robert W. Wo Jr reports 44,635 Bank of Hawaii common shares held directly and several indirect positions. These include 8,373 shares via an irrevocable trust and 2,800 shares attributable to his spouse’s holdings, plus 34,906 stock-linked units in a Directors’ Deferred Compensation Plan.

How does the Form 4 treat Robert W. Wo Jr’s beneficial ownership of trust shares?

The filing explains that the 5,000 shares were held by the Robert Ching Wo Trust 1985, where he is co-trustee and one of five beneficiaries. He disclaims beneficial ownership of those securities except to the extent of his pecuniary interest, clarifying his economic stake in the position.

What is the Directors’ Deferred Compensation Plan holding reported for BOH?

The Form 4 shows 34,906 derivative units in a Directors’ Deferred Compensation Plan tied to Bank of Hawaii stock. These units are acquired at a one-for-one price relationship to the underlying shares, with distributions generally made at termination of service or earlier at the director’s option.

Were any BOH shares acquired through dividend reinvestment in this filing?

Yes. A footnote states that certain reported Bank of Hawaii common stock holdings were acquired through reinvested dividends under the company’s Dividend Reinvestment and Stock Purchase Plan, indicating that part of the director-associated ownership has accumulated automatically over time via this program.
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