Bank of Hawaii (NYSE: BOH) vice chair has shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bank of Hawaii Corporation vice chair Taryn L. Salmon reported a routine tax-withholding transaction. On the disposition date, 3,244 shares of common stock were withheld by the company at $74.25 per share to cover tax liability incurred when restricted shares vested.
After this non-market transaction, Salmon directly holds 5,275 shares of Bank of Hawaii common stock. The event reflects compensation-related tax settlement rather than an open-market sale or purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SALMON TARYN L
Role
Vice Chair
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 3,244 | $74.25 | $241K |
Holdings After Transaction:
Common Stock — 5,275 shares (Direct)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 3,244 shares
Withholding price per share: $74.25 per share
Shares held after transaction: 5,275 shares
+1 more
4 metrics
Shares withheld for taxes
3,244 shares
Common stock withheld to cover tax liability on vesting
Withholding price per share
$74.25 per share
Value used for tax-withholding disposition
Shares held after transaction
5,275 shares
Direct BOH common stock holdings after withholding
Tax-withholding shares (summary)
3,244 shares
TaxWithholdingShares in transaction summary
Key Terms
restricted shares of common stock, tax liability, withheld, tax-withholding disposition
4 terms
tax liability financial
"for payment of tax liability incurred upon the vesting"
withheld financial
"Represents shares of common stock withheld by Bank of Hawaii Corporation"
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
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.
FAQ
What did BOH vice chair Taryn L. Salmon report in this Form 4?
Taryn L. Salmon reported that 3,244 Bank of Hawaii common shares were withheld to pay taxes on vested restricted stock. This is a compensation-related tax settlement, not an open-market trade, and leaves her with 5,275 directly held shares afterward.
Was the BOH Form 4 transaction a stock sale on the open market?
No, the Form 4 shows a tax-withholding disposition coded “F,” not an open-market sale. Bank of Hawaii withheld 3,244 shares at $74.25 each to satisfy tax liability triggered by the vesting of restricted common shares.