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Tax-withholding share dispositions by FIRST HAWAIIAN, INC. (FHB) executive

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

Rhea-AI Filing Summary

FIRST HAWAIIAN, INC. executive Darlene N. Blakeney reported two tax-related share dispositions tied to restricted stock unit vesting. On February 26, 2026, 567 common shares were withheld at $25.89 per share. On February 28, 2026, 579 common shares were withheld at $24.76 per share.

According to the footnotes, these shares were withheld to satisfy tax withholding obligations upon RSU vesting, rather than open-market sales. After these transactions, Blakeney directly owned 23,395 and 23,974 common shares, respectively, as reported in the filing.

Positive

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Negative

  • None.
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*
Blakeney Darlene N.

(Last) (First) (Middle)
C/O FIRST HAWAIIAN, INC.
999 BISHOP STREET, 8TH FLOOR

(Street)
HONOLULU HI 96813

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
FIRST HAWAIIAN, INC. [ FHB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP & CHIEF LENDING OFFICER
3. Date of Earliest Transaction (Month/Day/Year)
02/26/2026
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 02/26/2026 F 567(1) D $25.89 23,974 D
Common Stock 02/28/2026 F 579(2) D $24.76 23,395 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
Explanation of Responses:
1. Represents shares of the Issuer's common stock withheld to satisfy withholding obligations in connection with the vesting of restricted stock units, previously reported on Form 4 filed on February 28, 2025, on February 26, 2026.
2. Represents shares of the Issuer's common stock withheld to satisfy withholding obligations in connection with the vesting of restricted stock units, previously reported on Form 4 filed on March 1, 2024, on February 28, 2026.
/s/ Lisa Kamibayashi as Attorney-In-Fact for Darlene N. Blakeney 03/02/2026
** 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 did FIRST HAWAIIAN, INC. EVP Darlene Blakeney report on this Form 4 for FHB?

Darlene N. Blakeney reported two tax-withholding dispositions of FIRST HAWAIIAN, INC. common stock. The shares were withheld to cover tax obligations arising from restricted stock unit vesting on February 26, 2026 and February 28, 2026, as described in the footnotes.

How many FIRST HAWAIIAN (FHB) shares were disposed of for tax withholding?

The filing shows 567 common shares disposed of on February 26, 2026 and 579 common shares disposed of on February 28, 2026. Both transactions were coded “F,” indicating payment of tax liability by delivering securities rather than open-market sales.

At what prices were the FHB shares withheld in Darlene Blakeney’s Form 4?

The February 26, 2026 tax-withholding disposition used a price of $25.89 per common share. The February 28, 2026 disposition used a price of $24.76 per common share. These prices are used to value the shares delivered to satisfy tax obligations.

What is the nature of the transactions reported by FIRST HAWAIIAN executive Darlene Blakeney?

Both transactions are labeled as tax-withholding dispositions related to restricted stock unit vesting. The Form 4 uses transaction code F, defined as payment of exercise price or tax liability by delivering securities, rather than voluntary buying or selling on the market.

How many FIRST HAWAIIAN (FHB) shares did Darlene Blakeney own after these transactions?

After the February 26, 2026 disposition, the Form 4 reports that she directly owned 23,974 common shares. After the February 28, 2026 disposition, it reports direct ownership of 23,395 common shares, reflecting the additional shares withheld for tax purposes.

What do the Form 4 footnotes say about the FHB share dispositions?

The footnotes explain that the shares were withheld to satisfy withholding obligations tied to restricted stock units vesting. They reference RSUs previously reported on Form 4 filings dated March 1, 2024 and February 28, 2025, confirming these are administrative tax events.
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