Bank of Hawaii (BOH) President receives new performance-based restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Polk James C reported acquisition or exercise transactions in this Form 4 filing.
Bank of Hawaii Corporation President James C. Polk received equity awards in the form of restricted stock units. On February 19, 2026, he was granted 8,861 restricted stock units tied to a two-year performance period and 17,722 restricted stock units tied to a three-year performance period.
Each restricted stock unit represents a contingent right to receive one share of Bank of Hawaii common stock, subject to both service and performance vesting requirements. The filing also reports his direct and indirect holdings of common stock, including shares held through a 401(k) plan and an IRA account.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Polk James C
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 8,861 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 17,722 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 8,861 shares (Direct);
Common Stock — 88,190 shares (Direct);
Common Stock — 1,304 shares (Indirect, By 401(k) Plan)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Bank of Hawaii Corporation common stock. This award was granted February 19, 2026. The 8,861 restricted stock units are subject to service and performance vesting requirements, based on the two-year performance period. This award was granted February 19, 2026. The 17,722 restricted stock units are subject to service and performance vesting requirements, based on the three-year performance period.
FAQ
What insider transaction did Bank of Hawaii (BOH) report for James C. Polk?
Bank of Hawaii reported that President James C. Polk received grants of restricted stock units. The Form 4 shows awards tied to future performance, rather than open-market share purchases or sales, reflecting equity-based compensation aligned with multi-year service and performance goals.
How many restricted stock units did BOH President James C. Polk receive?
James C. Polk received 8,861 restricted stock units and 17,722 restricted stock units. These awards are subject to service and performance conditions over two-year and three-year periods, providing potential future common stock if the vesting requirements are satisfied.
What do the restricted stock units granted by Bank of Hawaii represent?
Each restricted stock unit represents a contingent right to receive one share of Bank of Hawaii common stock. The units only convert into shares if specified service and performance conditions are met over the defined performance periods in the award terms.
What are the vesting conditions on BOH President James C. Polk’s restricted stock units?
The 8,861 restricted stock units vest based on service and performance over a two-year performance period. The 17,722 restricted stock units vest under similar service and performance requirements, but measured over a three-year performance period, as described in the Form 4 footnotes.
Does the Form 4 for BOH show changes in James C. Polk’s common stock holdings?
The Form 4 lists James C. Polk’s direct and indirect common stock holdings after the reported transactions. It shows totals held directly, and through a 401(k) plan and an IRA account, without indicating new open-market purchases or sales of common stock in this filing.
How is indirect ownership reported for BOH President James C. Polk in this filing?
Indirect ownership is reported for shares held by a 401(k) plan and an IRA account. The filing labels these positions as indirect with nature-of-ownership descriptions, distinguishing them from shares held directly in his own name as part of his total reported holdings.