STOCK TITAN

Bank of Hawaii (BOH) President receives new performance-based restricted stock units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
  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.
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 HI 96813

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
President
3. Date of Earliest Transaction (Month/Day/Year)
02/19/2026
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 88,190 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
Restricted Stock Units (1) 02/19/2026 A 8,861 (2) (2) Common Stock 8,861 $0.00 8,861 D
Restricted Stock Units (1) 02/19/2026 A 17,722 (3) (3) Common Stock 17,722 $0.00 17,722 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. 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.
3. 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.
Remarks:
/s/ Katherine Lamb for Polk James C 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 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.