Tax-related share withholdings reported by First Hawaiian, Inc. (FHB) EVP

Rhea-AI Filing Summary

First Hawaiian, Inc. executive Lea M. Nakamura reported two tax-related share dispositions tied to vesting of restricted stock units. On February 26, 2026, 719 shares of common stock were withheld at $25.89 per share to satisfy withholding obligations. On February 28, 2026, a further 775 shares were withheld at $24.76 per share for the same purpose. After these non‑open‑market transactions, she continued to hold over 30,000 shares directly.

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^*

Nakamura Lea M.

(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 RISK 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		719(1)	D	$25.89	31,662	D
Common Stock	02/28/2026		F		775(2)	D	$24.76	30,887	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 Lea M. Nakamura	03/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transactions did FHB executive Lea M. Nakamura report?

Lea M. Nakamura reported two tax-withholding dispositions of First Hawaiian, Inc. common stock. The shares were withheld by the company to cover taxes due upon vesting of restricted stock units, rather than sold in open-market transactions.

How many First Hawaiian (FHB) shares were disposed of for tax withholding?

A total of 1,494 First Hawaiian, Inc. shares were withheld for taxes. This included 719 shares on February 26, 2026 and 775 shares on February 28, 2026, all in connection with the vesting of previously granted restricted stock units.

At what prices were FHB shares withheld in the reported Form 4?

First Hawaiian, Inc. shares were withheld at two different prices for tax obligations. On February 26, 2026, 719 shares were valued at $25.89 each, and on February 28, 2026, 775 shares were valued at $24.76 each, according to the filing data.

Did Lea M. Nakamura sell FHB shares in the open market?

The transactions were not open-market sales. The Form 4 describes them as shares withheld to satisfy tax withholding obligations upon vesting of restricted stock units, meaning the company retained the shares instead of Nakamura receiving and then selling them.

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

After the reported tax-withholding dispositions, Lea M. Nakamura continued to hold more than 30,000 First Hawaiian, Inc. common shares directly. The Form 4 shows post-transaction holdings of 31,662 shares after the first event and 30,887 shares after the second.

What does transaction code F mean in the FHB Form 4 filing?

Transaction code F in the Form 4 indicates payment of tax liability or exercise price by delivering securities. Here, it reflects First Hawaiian, Inc. shares withheld by the company to cover Nakamura’s tax obligations when her restricted stock units vested.