First Hawaiian (FHB) vice chair awarded 7,428 restricted stock units in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FIRST HAWAIIAN, INC. reported that Vice Chair Neill Char acquired 7,428 shares of Common Stock through a grant of restricted stock units. These units will vest in three equal annual installments beginning on February 25, 2027 and will settle one-for-one in Common Stock, subject to continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Char Neill
Role
VICE CHAIR
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,428 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 48,144 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did FIRST HAWAIIAN (FHB) report for Neill Char?
FIRST HAWAIIAN reported that Vice Chair Neill Char received a grant of 7,428 restricted stock units. These units represent a future right to receive Common Stock and are part of his equity-based compensation, rather than a market purchase or sale of existing shares.
What are the vesting terms of Neill Char’s 7,428 restricted stock units at FIRST HAWAIIAN (FHB)?
The 7,428 restricted stock units will vest in three equal annual installments starting February 25, 2027. Each vested unit will settle in one share of Common Stock, and vesting is conditioned on his continued employment through each applicable vesting date.
What type of security was involved in Neill Char’s Form 4 transaction for FIRST HAWAIIAN (FHB)?
The transaction involved FIRST HAWAIIAN Common Stock delivered via restricted stock units. Each unit will convert into one share of Common Stock upon vesting and settlement, aligning his compensation with the company’s share performance over the vesting period.
When does Neill Char’s new FIRST HAWAIIAN (FHB) equity award begin vesting?
The restricted stock units begin vesting on February 25, 2027. Vesting occurs in three equal annual installments from that date, and each vesting tranche is subject to Neill Char remaining employed with FIRST HAWAIIAN through the related vesting date.