First Hawaiian (FHB) vice chair withholds stock to cover RSU taxes

Rhea-AI Filing Summary

FIRST HAWAIIAN, INC. vice chair Alan Arizumi reported tax-related share dispositions tied to restricted stock unit vesting. On February 26, 2026, 729 shares of common stock held directly and 112 shares held indirectly through his spouse were withheld at prices of $25.89 per share to cover withholding obligations. On February 28, 2026, a further 621 directly held shares and 112 spouse-held shares were withheld at $24.76 per share for the same purpose. After these transactions, Arizumi directly owned 48,639 shares and his spouse indirectly owned 3,249 shares, reflecting routine tax-withholding dispositions rather than open-market sales.

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

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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^*

Arizumi Alan

(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)
	VICE CHAIR

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		729(1)	D	$25.89	49,260	D
Common Stock	02/26/2026		F		112(1)	D	$25.89	3,361	I	By Spouse
Common Stock	02/28/2026		F		621(2)	D	$24.76	48,639	D
Common Stock	02/28/2026		F		112(2)	D	$24.76	3,249	I	By Spouse

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 and amended on March 13, 2024, on February 28, 2026.

	/s/ Lisa Kamibayashi as Attorney-In-Fact for Alan Arizumi	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).
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FAQ

What did First Hawaiian (FHB) vice chair Alan Arizumi report on this Form 4?

Alan Arizumi reported share dispositions used to cover tax withholding on restricted stock unit vesting. The transactions involved common stock held both directly and indirectly through his spouse, at specified per-share prices on February 26 and February 28, 2026.

Were Alan Arizumi’s First Hawaiian (FHB) transactions open-market sales?

No, the transactions were tax-withholding dispositions related to restricted stock units. Shares were withheld by the issuer to satisfy withholding obligations, rather than sold in open-market trades, according to the transaction code F and accompanying footnotes.

How many First Hawaiian (FHB) shares did Alan Arizumi hold after these transactions?

After the reported tax-withholding dispositions, Alan Arizumi held 48,639 First Hawaiian common shares directly. His spouse held 3,249 shares indirectly, reflecting ownership after the February 26 and February 28, 2026 withholding transactions.

What prices were used for the First Hawaiian (FHB) tax-withholding share dispositions?

The tax-withholding dispositions used prices of $25.89 per share on February 26, 2026 and $24.76 per share on February 28, 2026. These prices applied to both directly held and spouse-held common stock subject to withholding.

Why were First Hawaiian (FHB) shares withheld from Alan Arizumi and his spouse?

Shares were withheld to satisfy tax withholding obligations when restricted stock units vested. Footnotes state the shares represent issuer common stock withheld upon vesting of previously reported RSUs, rather than discretionary selling by Alan Arizumi or his spouse.

How are Alan Arizumi’s indirect First Hawaiian (FHB) holdings characterized?

Indirect holdings are described as shares held "By Spouse." Transactions involving 112 shares on each of February 26 and February 28, 2026 reflect tax-withholding dispositions from those spouse-held common shares, consistent with the Form 4 ownership code I.