First Hawaiian (FHB) EVP awarded 5,473 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Blakeney Darlene N. reported acquisition or exercise transactions in this Form 4 filing.
FIRST HAWAIIAN, INC. executive Darlene N. Blakeney received an equity grant in the form of 5,473 restricted stock units of Common Stock. These RSUs will vest in three equal annual installments beginning on February 25, 2027 and each vested unit will settle into one share of Common Stock on a one-for-one basis, subject to her continued employment through each vesting date. Following this grant, she reports direct ownership of 24,541 shares of Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Blakeney Darlene N.
Role
EVP & CHIEF LENDING OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,473 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 24,541 shares (Direct)
Footnotes (1)
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FAQ
What equity award did FIRST HAWAIIAN (FHB) executive Darlene N. Blakeney receive?
Darlene N. Blakeney received a grant of 5,473 restricted stock units. These RSUs represent a future right to receive Common Stock, subject to vesting conditions tied to continued employment with FIRST HAWAIIAN, INC.
How do the 5,473 restricted stock units for FHB’s Darlene N. Blakeney vest?
The 5,473 restricted stock units vest in three equal annual installments. Vesting begins on February 25, 2027, with additional installments on the following two anniversaries, assuming she remains employed through each vesting date.
What does one-for-one settlement mean for FHB restricted stock units in this Form 4?
Each restricted stock unit will settle into one share of FIRST HAWAIIAN Common Stock. Settlement occurs as the units vest over time, so 5,473 vested RSUs would ultimately deliver 5,473 shares, assuming all vesting conditions are satisfied.
What is Darlene N. Blakeney’s reported ownership in FHB Common Stock after this grant?
After the reported grant, Darlene N. Blakeney reports direct ownership of 24,541 shares of Common Stock. This figure reflects her holdings following the acquisition of the new restricted stock unit award reported in the Form 4.
What employment condition applies to Darlene N. Blakeney’s FHB restricted stock units?
The restricted stock units will vest only if she remains employed through each applicable vesting date. Continued employment is therefore required for each of the three annual installments starting February 25, 2027, to become earned and settle into shares.
Is Darlene N. Blakeney’s Form 4 transaction in FHB stock a purchase or a grant?
The Form 4 reports a grant or award acquisition of restricted stock units, not an open-market purchase. The transaction code is “A,” indicating a grant, award, or other acquisition rather than a traditional buy or sell transaction in the market.