First Hawaiian (FHB) director granted 2,613 RSUs, holds over 75k shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FIRST HAWAIIAN, INC. director Craig Scott Wo received a grant of 2,613 restricted stock units of Common Stock, classified as a grant, award, or other acquisition. These units vest on the earlier of April 22, 2027, the company’s 2027 annual stockholders’ meeting, or a change in control, subject to his continued service on the Board through vesting, and will settle one-for-one in shares within 30 days of vesting.
Following this grant, he holds 50,808 shares of Common Stock directly. A separate entry shows 25,000 shares held indirectly through R C Wo Investments LLC, for which he disclaims beneficial ownership except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Wo Craig Scott
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,613 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 50,808 shares (Direct, null);
Common Stock — 25,000 shares (Indirect, By R C Wo Investments LLC)
Footnotes (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. The reporting person disclaims beneficial ownership of these securities except to the extent of the reporting person's pecuniary interest in such securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
Key Figures
RSUs granted: 2,613 units
Direct holdings after grant: 50,808 shares
Indirect holdings: 25,000 shares
+2 more
5 metrics
RSUs granted
2,613 units
Restricted stock units of Common Stock granted to director
Direct holdings after grant
50,808 shares
Common Stock held directly by Craig Scott Wo after transaction
Indirect holdings
25,000 shares
Common Stock held indirectly via R C Wo Investments LLC
Earliest vesting date
April 22, 2027
Latest possible vesting date for restricted stock units, subject to conditions
Settlement window
within 30 days
Time after vesting when RSUs settle one-for-one into shares
Key Terms
restricted stock units, change in control, pecuniary interest, beneficial ownership, +1 more
5 terms
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
"the date of First Hawaiian, Inc.'s 2027 annual meeting of stockholders or (c) a change in control of First Hawaiian, Inc."
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.
pecuniary interest financial
"except to the extent of the reporting person's pecuniary interest in such securities"
beneficial ownership financial
"The reporting person disclaims beneficial ownership of these securities except to the extent"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Section 16 regulatory
"beneficial owner of such securities for purposes of Section 16 or for any other purpose."
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
FAQ
What insider transaction did FIRST HAWAIIAN (FHB) report for Craig Scott Wo?
FIRST HAWAIIAN reported that director Craig Scott Wo received 2,613 restricted stock units of Common Stock as a grant or award. These units vest based on future service and specified company events and will convert into shares after vesting, reflecting routine compensation rather than an open-market purchase.
When do Craig Scott Wo’s new restricted stock units in FIRST HAWAIIAN vest?
The restricted stock units vest on the earlier of April 22, 2027, the 2027 annual meeting of stockholders, or a change in control. Vesting is conditioned on his continued service on FIRST HAWAIIAN’s Board through that date, aligning the award with ongoing director service.
How will Craig Scott Wo’s FIRST HAWAIIAN restricted stock units be settled?
Once vested, Craig Scott Wo’s 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 becomes one share, providing equity-based compensation linked to his continued Board service.