STOCK TITAN

Director receives 2,613 RSUs at First Hawaiian (FHB)

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

Rhea-AI Filing Summary

First Hawaiian, Inc. director Tertia M. Freas received a grant of 2,613 shares of Common Stock as a compensation award. The shares were acquired at no purchase price and increase her direct holdings to 7,124 shares.

The award represents restricted stock units that vest on the earlier of April 22, 2027, the company’s 2027 annual meeting of stockholders, or a change in control, subject to her continued service on the Board. Vested units will settle into Common Stock on a one-for-one basis within 30 days of vesting.

Positive

  • None.

Negative

  • None.
Insider Freas Tertia M.
Role null
Type Security Shares Price Value
Grant/Award Common Stock 2,613 $0.00 --
Holdings After Transaction: Common Stock — 7,124 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSU grant size 2,613 shares Restricted stock unit award to director on April 22, 2026
Shares held after grant 7,124 shares Total direct Common Stock holdings after transaction
Vesting deadline April 22, 2027 Latest date by which RSUs may vest, subject to conditions
Settlement ratio 1:1 share per unit Each vested RSU settles into one share of Common Stock
Settlement window Within 30 days Shares delivered within 30 days after vesting
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 regulatory
"the date of First Hawaiian, Inc.'s 2027 annual meeting of stockholders or (c) a change in control of First Hawaiian, Inc."
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 corporate
"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.
vesting financial
"will vest on the earlier of (a) April 22, 2027, (b) the date of First Hawaiian, Inc.'s 2027 annual meeting..."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Common Stock financial
"and will settle in shares of Common Stock on a one-for-one basis within 30 days of vesting"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
SEC Form 4
FORM 4UNITED 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*
Freas Tertia M.

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

(Street)
HONOLULU HAWAII 96813

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
FIRST HAWAIIAN, INC. [ FHB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/22/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock04/22/2026A2,613(1)A$07,124D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents restricted stock units that will vest on the earlier of (a) April 22, 2027, (b) the date of First Hawaiian, Inc.'s 2027 annual meeting of stockholders or (c) a change in control of First Hawaiian, Inc., subject to continued service on the First Hawaiian, Inc. Board of Directors through the vesting date, and will settle in shares of Common Stock on a one-for-one basis within 30 days of vesting.
/s/ Lisa Kamibayashi as Attorney-In-Fact for Tertia M. Freas04/24/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did First Hawaiian (FHB) report for Tertia M. Freas?

First Hawaiian reported that director Tertia M. Freas received 2,613 shares of Common Stock as a grant. This award is in the form of restricted stock units that increase her direct holdings to 7,124 shares after the transaction.

Is the Form 4 transaction in FHB stock a purchase or a grant?

The Form 4 shows a grant, not an open-market purchase. Tertia M. Freas acquired 2,613 shares through a compensation award with a reported price per share of $0.00, meaning she did not pay cash for these shares.

When will the 2,613 restricted stock units for FHB potentially vest?

The 2,613 restricted stock units will vest on the earlier of April 22, 2027, First Hawaiian’s 2027 annual stockholders’ meeting, or a change in control. Vesting is conditioned on continued Board service through the applicable vesting date.

How will the First Hawaiian (FHB) restricted stock units be settled after vesting?

After vesting, the restricted stock units will be settled in shares of First Hawaiian Common Stock on a one-for-one basis. Settlement will occur within 30 days of vesting, delivering one share of Common Stock for each vested unit.

What is Tertia M. Freas’s FHB shareholding after this Form 4 transaction?

Following the grant, Tertia M. Freas directly holds 7,124 shares of First Hawaiian Common Stock. This total includes the 2,613 shares reported in the Form 4 as a restricted stock unit award that was added to her existing holdings.