FIRST HAWAIIAN (FHB) CEO granted 41,544 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FIRST HAWAIIAN, INC. reported that Chairman, President and CEO Robert S. Harrison acquired 41,544 shares of Common Stock through a grant of restricted stock units. These units vest in three equal annual installments starting on February 25, 2027, and will settle one-for-one in shares, bringing his directly held total to 546,912 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Harrison Robert S
Role
CHAIRMAN, PRESIDENT AND CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 41,544 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 546,912 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did FIRST HAWAIIAN (FHB) report for Robert S. Harrison?
FIRST HAWAIIAN reported that Robert S. Harrison received a grant of 41,544 restricted stock units. These units represent future Common Stock, awarded as equity compensation rather than a market purchase, and increase his reported direct holdings to 546,912 shares after the grant.
What is the vesting schedule for the 41,544 FIRST HAWAIIAN (FHB) restricted stock units?
The 41,544 restricted stock units vest in three equal annual installments beginning on February 25, 2027. Vesting continues over three years, and each vested unit will settle into one share of Common Stock, assuming continued employment through each applicable vesting date.
What conditions apply to the FIRST HAWAIIAN (FHB) restricted stock units granted to Robert S. Harrison?
The restricted stock units will vest only if employment continues through each vesting date. They vest in three equal annual installments starting February 25, 2027, and each vested unit will then settle into one share of FIRST HAWAIIAN Common Stock on a one-for-one basis.