First Hawaiian director receives 2,613 RSUs
Fujimoto Michael K reported acquisition or exercise transactions in this Form 4 filing.
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Form Type
4
Rhea-AI Filing Summary
Fujimoto Michael K reported acquisition or exercise transactions in this Form 4 filing.
FIRST HAWAIIAN, INC. director Michael K. Fujimoto received a grant of 2,613 restricted stock units of Common Stock as equity compensation. After this award, he directly holds 18,263 shares. The RSUs vest on the earlier of April 22, 2027, the 2027 annual stockholders meeting, or a change in control, subject to continued Board service, and will settle one-for-one in shares within 30 days of vesting.
Insider Trade Summary
Grant/Award: 2,613 shares
Grant/Award
1 txn
Insider
Fujimoto Michael K
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,613 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 18,263 shares (Direct)
Footnotes (1)
- F1. 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.
Key Figures
RSU grant size: 2,613 units
Post-transaction holdings: 18,263 shares
Grant price per unit: $0.00 per share
+2 more
5 metrics
RSU grant size
2,613 units
Restricted stock units of Common Stock granted to director
Post-transaction holdings
18,263 shares
Total Common Stock directly owned after the grant
Grant price per unit
$0.00 per share
Equity compensation grant, not a market purchase
Primary vesting date
April 22, 2027
Earlier of this date, 2027 annual meeting, or change in control
Settlement timing
Within 30 days
Shares of Common Stock delivered after vesting
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
"..., or (c) a change in control of First Hawaiian, Inc., subject to continued service..."
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did First Hawaiian (FHB) report for Michael K. Fujimoto?
First Hawaiian reported that director Michael K. Fujimoto received 2,613 restricted stock units of Common Stock as a grant. This equity award is compensation-related, not an open-market share purchase or sale, and increases his direct holdings to 18,263 shares after the transaction.
When do Michael K. Fujimoto’s 2,613 First Hawaiian (FHB) RSUs vest?
The 2,613 restricted stock units vest on the earlier of April 22, 2027, First Hawaiian’s 2027 annual meeting of stockholders, or a change in control. Vesting is conditioned on Fujimoto’s continued service on the Board of Directors through the applicable vesting date.
How will the 2,613 First Hawaiian (FHB) restricted stock units be settled?
The restricted stock units will settle in shares of First Hawaiian Common Stock on a one-for-one basis within 30 days after vesting. This means each vested RSU converts into one share, delivering equity rather than cash when the vesting conditions are met.
Is Michael K. Fujimoto’s Form 4 transaction in First Hawaiian (FHB) a market buy or sell?
The Form 4 shows a grant of 2,613 restricted stock units at a price of $0.00 per unit, described as a grant or award acquisition. It is a compensation-related equity grant, not an open-market purchase or sale of First Hawaiian shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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