Bank of Hawaii (NYSE: BOH) director grows deferred stock holdings
Rhea-AI Filing Summary
Bank of Hawaii Corporation director Robert W. Wo Jr. elected to acquire derivative interests tied to 268 shares of common stock on an award basis through the Directors' Deferred Compensation Plan. The reference price was $81.48 per share, bringing his directly owned deferred units to 36,115. These are plan-based compensation deferrals rather than an open-market stock purchase, with distributions generally made after board service ends.
Positive
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Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
WO ROBERT W JR
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Direc. Deferred Comp / Plan - BOHC Fund | 268 | $81.48 | $22K |
Holdings After Transaction:
Direc. Deferred Comp / Plan - BOHC Fund — 36,115 shares (Direct)
Footnotes (3)
- F1. 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).
- F2. 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.
- F3. Securities reported were acquired with reinvested dividends pursuant to Bank of Hawaii Corporation's Dividend Reinvestment and Stock Purchase Plan.
Key Figures
Derivative units acquired: 268 units
Reference price per share: $81.48 per share
Total units after transaction: 36,115 units
+1 more
4 metrics
Derivative units acquired
268 units
Grant/award under Directors' Deferred Compensation Plan
Reference price per share
$81.48 per share
Price of derivative security used for plan election
Total units after transaction
36,115 units
Direct holdings following deferred compensation acquisition
Underlying security shares
268 shares
Common stock underlying the derivative award
Key Terms
Directors' Deferred Compensation Plan, derivative security, Dividend Reinvestment and Stock Purchase Plan
3 terms
Directors' Deferred Compensation Plan financial
"Investment election by reporting person to acquire Bank of Hawaii Corporation stock under the Directors' Deferred Compensation Plan."
derivative security financial
"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)."
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Dividend Reinvestment and Stock Purchase Plan financial
"Securities reported were acquired with reinvested dividends pursuant to Bank of Hawaii Corporation's Dividend Reinvestment and Stock Purchase Plan."
A dividend reinvestment and stock purchase plan lets investors automatically use cash dividends to buy additional shares and often make extra share purchases directly from the company, usually at low or no commission. Think of it as an automatic savings plan for stock: dividends and optional contributions are turned into more shares, helping ownership grow through compounding and making regular investing simple and low-cost—key for long-term investors.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Bank of Hawaii (BOH) director Robert W. Wo Jr. report on this Form 4?
He reported acquiring derivative interests tied to 268 shares of Bank of Hawaii common stock through the Directors' Deferred Compensation Plan at a reference price of $81.48 per share, increasing his directly held deferred units to 36,115.
Was the Bank of Hawaii (BOH) Form 4 transaction an open-market stock purchase?
No, the transaction was a grant or award acquisition under the Directors' Deferred Compensation Plan, not an open-market purchase. It reflects an investment election and compensation deferral rather than buying shares in the open market.
What are the director’s total deferred units after this Bank of Hawaii (BOH) transaction?
Following the transaction, the director holds 36,115 derivative units directly under the plan. These units are linked to Bank of Hawaii common stock and represent deferred compensation rather than immediately deliverable shares.
When are distributions from the BOH Directors' Deferred Compensation Plan made?
Distributions are made at termination of service as a director or earlier at the director's option, according to the footnote. This means amounts are generally paid after board service ends unless an earlier permitted distribution is elected.