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First Hawaiian (FHB) EVP awarded 5,473 restricted stock units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.
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*
Blakeney Darlene N.

(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 LENDING OFFICER
3. Date of Earliest Transaction (Month/Day/Year)
02/25/2026
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 02/25/2026 A 5,473(1) A $0 24,541 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 restricted stock units that will vest in three equal annual installments beginning on February 25, 2027 and settle in shares of Common Stock on a one-for-one basis, subject to continued employment through the applicable vesting date.
/s/ Lisa Kamibayashi as Attorney-In-Fact for Darlene N. Blakeney 02/27/2026
** 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 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.
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