First Hawaiian (FHB) director granted 2,613 restricted stock units

Rhea-AI Filing Summary

Mugiishi Mark M reported acquisition or exercise transactions in this Form 4 filing.

FIRST HAWAIIAN, INC. director Mark M. Mugiishi received a grant of 2,613 restricted stock units tied to the company’s Common Stock. These units will vest on the earlier of April 22, 2027, the company’s 2027 annual meeting of stockholders, or a change in control, subject to his continued service on the Board through the vesting date.

Each unit will settle into one share of Common Stock within 30 days after vesting. Following this grant, Mugiishi directly holds 13,574 shares of Common Stock. This is a compensation-related equity award rather than an open-market stock purchase or sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Mugiishi Mark M

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	2,613	$0.00	--

Holdings After Transaction: Common Stock — 13,574 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

RSU grant size: 2,613 units Post-grant holdings: 13,574 shares

2 metrics

RSU grant size 2,613 units Restricted stock units granted to director on April 22, 2026

Post-grant holdings 13,574 shares Common Stock directly held after the reported transaction

Key Terms

restricted stock units, change in control, vesting

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.

vesting financial

"...subject to continued service on the First Hawaiian, Inc. Board of Directors through the vesting date..."

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

Form 4 Insider Transactions: What Each Field Means →

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^*

Mugiishi Mark M

(Last) (First) (Middle)

C/O FIRST HAWAIIAN, INC.

999 BISHOP STREET, 8TH FLOOR

(Street)

HONOLULU HAWAII 96813

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
FIRST HAWAIIAN, INC. [ FHB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/22/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	04/22/2026		A		2,613(1)	A	$0	13,574	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 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.

	/s/ Lisa Kamibayashi as Attorney-In-Fact for Mark M. Mugiishi	04/24/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did First Hawaiian (FHB) report for Mark M. Mugiishi?

First Hawaiian reported that director Mark M. Mugiishi received 2,613 restricted stock units as an equity award. These units represent a grant of future Common Stock rather than an immediate cash transaction or open-market stock purchase or sale.

When do the 2,613 restricted stock units for FHB’s director 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 requires Mugiishi’s continued service on the Board through the applicable vesting date.

How will Mark M. Mugiishi’s restricted stock units in First Hawaiian (FHB) be settled?

Each restricted stock unit will settle in one share of First Hawaiian Common Stock within 30 days after vesting. This means the director receives actual shares only once the vesting conditions and timing have been satisfied under the award terms.

How many First Hawaiian (FHB) shares does Mark M. Mugiishi hold after this Form 4 grant?

After this grant, Mark M. Mugiishi directly holds 13,574 shares of First Hawaiian Common Stock. This figure reflects his direct ownership position reported immediately following the equity award of 2,613 restricted stock units.

Is the Form 4 transaction for First Hawaiian (FHB) an open-market trade?

No, the Form 4 transaction reflects a grant of 2,613 restricted stock units to director Mark M. Mugiishi. It is a compensation-related equity award, not an open-market purchase or sale of First Hawaiian shares on a stock exchange.