First Hawaiian (FHB) director receives 2,613 restricted stock units grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WASHINGTON VANESSA L reported acquisition or exercise transactions in this Form 4 filing.
FIRST HAWAIIAN, INC. director Vanessa L. Washington received a grant of 2,613 restricted stock units of Common Stock as compensation. These RSUs will vest on the earlier of April 22, 2027, the company’s 2027 annual stockholders meeting, or a change in control, subject to continued Board service.
After this award, she holds 22,256 shares directly. The RSUs will settle in an equal number of Common Stock shares within 30 days after vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
WASHINGTON VANESSA L
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,613 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 22,256 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 2,613 restricted stock units
Holdings after transaction: 22,256 shares
Reported transaction date: April 22, 2026
+2 more
5 metrics
RSU grant size
2,613 restricted stock units
Equity award of Common Stock to director Vanessa L. Washington
Holdings after transaction
22,256 shares
Direct ownership of First Hawaiian Common Stock after the grant
Reported transaction date
April 22, 2026
Date of RSU grant reported on Form 4
RSU vesting date trigger
April 22, 2027
Latest date by which RSUs vest absent earlier meeting or change in control
Transaction price per share
$0.0000
Indicates RSUs granted as compensation, not a cash purchase
Key Terms
restricted stock units, change in control, Board of Directors
3 terms
restricted stock units financial
"Represents restricted stock units that will vest on the earlier of (a) April 22, 2027..."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
change in control financial
"or (c) a change in control of First Hawaiian, Inc., subject to continued service..."
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
Board of Directors financial
"subject to continued service on the First Hawaiian, Inc. Board of Directors through the vesting date"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
FAQ
What did First Hawaiian (FHB) director Vanessa Washington report on Form 4?
Vanessa L. Washington reported receiving 2,613 restricted stock units of First Hawaiian Common Stock as a grant. The award is compensation rather than an open-market purchase and increases her direct holdings to 22,256 shares after the transaction disclosed in this Form 4 filing.
When do Vanessa Washington’s 2,613 First Hawaiian RSUs vest?
The 2,613 restricted stock units vest on the earlier of April 22, 2027, First Hawaiian’s 2027 annual stockholders meeting, or a change in control. Vesting is conditioned on her continued service on the Board of Directors through the applicable vesting date stated in the grant terms.
Are Vanessa Washington’s 2,613 First Hawaiian RSUs paid for in cash?
No cash was paid by Vanessa Washington for these 2,613 restricted stock units, as the transaction price per share is reported as 0.0000. The RSUs represent a compensation-related equity award rather than an open-market purchase of First Hawaiian Common Stock.
How will Vanessa Washington’s First Hawaiian RSUs be settled after vesting?
Once vested, the 2,613 restricted stock units will settle in an equal number of First Hawaiian Common Stock shares on a one-for-one basis. Settlement is required to occur within 30 days after the applicable vesting date outlined in the award’s terms and accompanying footnote disclosure.