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Bank of Hawaii (BOH) vice chair logs RSU vesting, tax-share withholding and new awards

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

Rhea-AI Filing Summary

Bank of Hawaii Corporation Vice Chair and CRO Bradley Shairson reported equity compensation activity and related tax withholding. On February 20, 2026, 10,461 restricted stock units granted on May 1, 2023 were exercised into 10,461 shares of common stock at an indicated price of $80.07 per share, increasing direct common stock holdings to 32,947 shares before withholding. On the same date, 3,439 shares of common stock, valued at $80.07 per share, were disposed of to cover tax liabilities from the vesting, leaving 29,508 directly held shares. On February 19, 2026, Shairson also received new awards of 6,330 restricted stock units tied to a three-year performance period and 1,266 restricted stock units tied to a two-year performance period, each representing a contingent right to receive one share of common stock subject to service and performance vesting requirements.

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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*
SHAIRSON SCHAUD BRADLEY

(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)
Vice Chair and CRO
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 02/20/2026 M 10,461 A (1) 32,947 D
Common Stock 02/20/2026 F 3,439(2) D $80.07 29,508 D
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 6,330 (3) (3) Common Stock 6,330 $0.00 6,330 D
Restricted Stock Units (1) 02/19/2026 A 1,266 (4) (4) Common Stock 1,266 $0.00 1,266 D
Restricted Stock Units (1) 02/20/2026 M 10,461 (5) (5) Common Stock 10,461 $80.07 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 19, 2026. The 6,330 restricted stock units are subject to service and performance vesting requirements, based on the three-year performance period.
4. This award was granted February 19, 2026. The 1,266 restricted stock units are subject to service and performance vesting requirements, based on the two-year performance period.
5. This award was granted May 1, 2023. The 10,461 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 SHAIRSON SCHAUD BRADLEY 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 executive Bradley Shairson report on this Form 4?

Bradley Shairson reported exercising 10,461 restricted stock units into common shares, a tax-withholding disposition of 3,439 shares, and receiving two new restricted stock unit awards totaling 7,596 units, all held directly and tied to performance and service conditions.

How many Bank of Hawaii (BOH) shares does Bradley Shairson hold after these transactions?

After the reported transactions, Bradley Shairson directly holds 29,508 shares of Bank of Hawaii common stock. This reflects 10,461 shares received from restricted stock unit vesting, less 3,439 shares disposed of to satisfy tax obligations related to that vesting event.

What new restricted stock unit awards did BOH grant to Bradley Shairson?

Bank of Hawaii granted Bradley Shairson 6,330 restricted stock units with a three-year performance period and 1,266 restricted stock units with a two-year performance period. Each unit represents a contingent right to receive one common share, subject to service and performance vesting requirements.

Were any of Bradley Shairson’s BOH share dispositions open-market sales?

The filing shows a disposition of 3,439 Bank of Hawaii common shares coded as “F,” indicating shares were withheld to pay tax liabilities upon restricted stock unit vesting. This represents a tax-withholding transaction, not an open-market sale of shares to third-party buyers.

How are Bradley Shairson’s BOH restricted stock units structured?

Each restricted stock unit represents a contingent right to receive one share of Bank of Hawaii common stock. The awards are subject to service and performance vesting requirements over specified two- and three-year performance periods, meaning shares are delivered only if conditions are satisfied.
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