First Hawaiian (FHB) CFO gets 20,264-share award, 6,751 withheld

Rhea-AI Filing Summary

FIRST HAWAIIAN, INC. executive James M. Moses, Vice Chair and Chief Financial Officer, reported equity compensation tied to prior performance. He acquired 20,264 shares of common stock on February 17, 2026 through performance share units granted in 2023 and earned over a three-year period ending December 31, 2025.

To cover withholding obligations when these performance-based units were delivered, 6,751 shares were disposed of at $26.40 per share through a tax-withholding transaction, rather than an open-market sale. Following these transactions, he directly owned 47,642 shares of First Hawaiian common stock.

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

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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^*

Moses James M

(Last) (First) (Middle)

C/O FIRST HAWAIIAN, INC.

999 BISHOP STREET

(Street)

HONOLULU HI 96813

(City) (State) (Zip)

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

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	VICE CH & CHIEF FINANCIAL OFCR

3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026

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

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

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

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	02/17/2026		A		20,264(1)	A	$0	54,393	D
Common Stock	02/17/2026		F		6,751(2)	D	$26.4	47,642	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 shares of common stock of First Hawaiian, Inc. ("Common Stock") underlying performance share units granted in 2023 and earned based on the satisfaction of performance-based vesting requirements over a three-year performance period ending on December 31, 2025 and continued employment through the determination date. The Compensation Committee of the Board of Directors of First Hawaiian, Inc. determined and approved the amount of Common Stock earned in respect of such performance share units on February 17, 2026 and such performance share units will be settled in shares of Common Stock no later than March 19, 2026.

2. Represents shares of Common Stock withheld to satisfy withholding obligations in connection with the delivery of the Common Stock underlying the performance share units described in footnote 1 above.

	/s/ Lisa Kamibayashi as Attorney-In-Fact for James M. Moses	02/19/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What did First Hawaiian (FHB) executive James M. Moses report in this Form 4 filing?

James M. Moses reported equity compensation activity involving First Hawaiian common stock. He acquired 20,264 shares through earned performance share units and had 6,751 shares withheld for taxes, resulting in direct ownership of 47,642 shares after the reported transactions.

How many First Hawaiian (FHB) shares did James M. Moses acquire and at what cost?

He acquired 20,264 shares of First Hawaiian common stock with a reported price per share of $0.00. These shares reflect settlement of performance share units granted in 2023, earned over a three-year performance period ending December 31, 2025, subject to continued employment.

Why were 6,751 First Hawaiian (FHB) shares disposed of in the Form 4 for James M. Moses?

The 6,751 shares were withheld to satisfy tax withholding obligations tied to the delivery of performance-based shares. This disposition occurred at $26.40 per share and represents a tax-withholding transaction, not an open-market sale of First Hawaiian common stock by the executive.

What is James M. Moses’s First Hawaiian (FHB) share ownership after these transactions?

After the reported grant and tax-withholding disposition, James M. Moses directly owned 47,642 shares of First Hawaiian common stock. This reflects the net result of receiving 20,264 performance-based shares and having 6,751 shares withheld to cover related tax obligations.

How were the performance share units for First Hawaiian (FHB) earned by James M. Moses structured?

The performance share units were granted in 2023 and earned over a three-year performance period ending December 31, 2025. The Compensation Committee approved the amount earned on February 17, 2026, with settlement in common shares to occur no later than March 19, 2026.

Does the Form 4 indicate open-market buying or selling of First Hawaiian (FHB) shares?

The filing shows equity compensation and tax withholding, not open-market trading. Shares were acquired through settlement of performance share units and some shares were disposed of solely to satisfy withholding obligations, a common non-market mechanism for handling tax liabilities on stock awards.