First Hawaiian (NASDAQ: FHB) awards 2,613 RSUs to director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Thompson Kelly Ann reported acquisition or exercise transactions in this Form 4 filing.
FIRST HAWAIIAN, INC. director Kelly Ann Thompson received a grant of 2,613 shares of Common Stock as an award, at a stated price of $0.00 per share. After this grant, her reported direct holdings total 16,854 shares of Common Stock.
The award represents restricted stock units that will vest on the earlier of April 22, 2027, the company’s 2027 annual stockholders’ meeting, or a change in control, provided she continues to serve on the Board through vesting. The units will settle one-for-one in Common Stock within 30 days after they vest.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Thompson Kelly Ann
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,613 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 16,854 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Director stock grant: 2,613 shares
Grant price: $0.00 per share
Holdings after transaction: 16,854 shares
+1 more
4 metrics
Director stock grant
2,613 shares
Common Stock award on April 22, 2026
Grant price
$0.00 per share
Director equity award classified as grant/award acquisition
Holdings after transaction
16,854 shares
Director’s direct Common Stock holdings following the grant
RSU vesting trigger date
April 22, 2027
Vests on earlier of this date, 2027 annual meeting, or change in control
Key Terms
restricted stock units, change in control, Board of Directors
3 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
"..., (b) 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.
Board of Directors financial
"...subject to continued service on the First Hawaiian, Inc. Board of Directors through the vesting date..."
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
FAQ
What insider transaction did FIRST HAWAIIAN (FHB) report for Kelly Ann Thompson?
FIRST HAWAIIAN reported that director Kelly Ann Thompson received a grant of 2,613 shares of Common Stock at $0.00 per share. This award increased her direct holdings to 16,854 shares, according to the Form 4 insider filing details.
When do Kelly Ann Thompson’s FIRST HAWAIIAN (FHB) restricted stock units vest?
The 2,613 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 her continued service on FIRST HAWAIIAN’s Board of Directors through the applicable vesting date.
How will the FIRST HAWAIIAN (FHB) restricted stock units be settled for the director?
Once vested, the restricted stock units will settle in FIRST HAWAIIAN Common Stock on a one-for-one basis. Settlement will occur within 30 days after vesting, meaning each vested unit converts into one share of Common Stock for Kelly Ann Thompson.
Is the recent FIRST HAWAIIAN (FHB) director award an open-market purchase?
No, the transaction is classified as a grant or award acquisition, not an open-market purchase. The Form 4 labels the transaction with code “A,” indicating a compensatory grant of 2,613 shares at a stated price of $0.00 per share to the director.