STOCK TITAN

Director at First Hawaiian (FHB) awarded 2,613 restricted stock units

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

Rhea-AI Filing Summary

FIRST HAWAIIAN, INC. director Jim Moffatt reported an equity award on this Form 4. He acquired 2,613 restricted stock units tied to Common Stock at no cash cost, increasing his direct holdings to 16,854 shares.

The 2,613 restricted stock units will vest on the earlier of April 22, 2027, the company’s 2027 annual stockholders’ meeting, or a change in control, as long as he continues serving on the Board through the vesting date. Once vested, they will settle one-for-one in shares of Common Stock within 30 days.

Positive

  • None.

Negative

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Insider Moffatt Jim
Role null
Type Security Shares Price Value
Grant/Award Common Stock 2,613 $0.00 --
Holdings After Transaction: Common Stock — 16,854 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Restricted stock units granted 2,613 units Grant of RSUs settling into Common Stock one-for-one
Grant price per share $0.00 per share Reported transaction price for the equity award
Shares held after transaction 16,854 shares Direct Common Stock holdings following the grant
Earliest vesting date April 22, 2027 One of the vesting triggers for the 2,613 RSUs
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.
vest financial
"Represents restricted stock units that will vest on the earlier of (a) April 22, 2027..."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
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.
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*
Moffatt Jim

(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$016,854D
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 Jim Moffatt04/24/2026
** 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 did First Hawaiian (FHB) director Jim Moffatt report on this Form 4?

Jim Moffatt reported receiving 2,613 restricted stock units linked to First Hawaiian Common Stock. The award was granted at no cash cost and represents stock-based compensation that will convert into shares if vesting conditions tied to future service are met.

How many First Hawaiian (FHB) shares does Jim Moffatt hold after this grant?

After the reported grant, Jim Moffatt directly holds 16,854 shares of First Hawaiian Common Stock. This figure includes the effect of the 2,613 restricted stock units reported in the transaction, reflecting his updated equity position as shown in the Form 4 filing.

When do Jim Moffatt’s 2,613 First Hawaiian (FHB) restricted stock units vest?

The 2,613 restricted stock units vest on the earliest of April 22, 2027, the 2027 annual stockholders’ meeting, or a change in control. Vesting also requires Jim Moffatt to continue serving on First Hawaiian’s Board of Directors through the applicable vesting date.

How will the 2,613 restricted stock units for First Hawaiian (FHB) be settled?

Once vested, the 2,613 restricted stock units will settle in First Hawaiian Common Stock on a one-for-one basis. Settlement occurs within 30 days after vesting, meaning each unit converts into one share, delivering equity instead of cash to the director.

Is Jim Moffatt’s Form 4 transaction in First Hawaiian (FHB) an open-market trade?

No, the transaction is classified as a grant or award acquisition, not an open-market trade. The shares were received as restricted stock units at a reported price of $0.00 per share, reflecting compensation rather than a purchase or sale in the market.