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First Hawaiian (FHB) vice chair disposes shares to cover tax withholding

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

Rhea-AI Filing Summary

FIRST HAWAIIAN, INC. vice chair Neill Char reported two tax-related share dispositions under a compensation plan. On February 26, 2026, 1,012 shares of common stock were withheld at $25.89 per share to cover withholding obligations on vesting restricted stock units. On February 28, 2026, a further 621 shares were withheld at $24.76 per share for the same purpose. These transactions, totaling 1,633 shares, were coded as tax-withholding dispositions rather than open-market sales, and Char’s direct holdings after the second transaction were 46,511 common shares.

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*
Char Neill

(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 1,012(1) D $25.89 47,132 D
Common Stock 02/28/2026 F 621(2) D $24.76 46,511 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 Neill Char 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 insider transactions did FIRST HAWAIIAN (FHB) report for Neill Char?

Neill Char reported two tax-withholding dispositions of common stock tied to restricted stock unit vesting. On February 26, 2026, 1,012 shares were withheld, and on February 28, 2026, 621 shares were withheld, both to satisfy tax obligations rather than open-market sales.

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

A total of 1,633 FIRST HAWAIIAN common shares were disposed of for tax withholding. The Form 4 shows 1,012 shares withheld on February 26, 2026, and 621 shares withheld on February 28, 2026, in connection with vesting restricted stock units previously reported.

At what prices were Neill Char’s FHB tax-withholding share dispositions valued?

The February 26, 2026 tax-withholding disposition was valued at $25.89 per share, while the February 28, 2026 disposition was valued at $24.76 per share. These values reflect the price used for withholding shares to cover tax obligations on restricted stock unit vesting.

How many FIRST HAWAIIAN (FHB) shares does Neill Char hold after these transactions?

After the February 28, 2026 tax-withholding disposition, Neill Char directly held 46,511 shares of FIRST HAWAIIAN common stock. The Form 4 indicates these holdings following the sequence of restricted stock-related withholding transactions reported for February 26 and February 28, 2026.

Were Neill Char’s FHB transactions open-market sales or tax-withholding events?

The transactions were tax-withholding events, not open-market sales. The Form 4 uses code "F" and describes them as payment of tax liability by delivering securities, with footnotes explaining that shares were withheld upon vesting of previously reported restricted stock units.
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