Kitagawa Allan S 4
4 · Territorial Bancorp Inc. · Filed Feb 18, 2025
Insider Transaction Report
Form 4
Kitagawa Allan S
DirectorChairman, President and CEO
Transactions
- Award
Common Stock
2025-02-13+2,751→ 180,230 total - Tax Payment
Common Stock
2025-02-13$8.84/sh−1,670$14,763→ 178,560 total
Holdings
- 39,288(indirect: By 401(k))
Common Stock
- 35,000(indirect: By Spouse)
Common Stock
- 17,742(indirect: By ESOP)
Common Stock
Footnotes (5)
- [F1]Includes restricted stock units which vest at a rate of 1/3 per year commencing on April 4, 2023.
- [F2]Includes restricted stock units which vest at a rate of 1/3 per year commencing on April 3, 2024.
- [F3]Includes restricted stock units which vest at a rate of 1/3 per year commencing on April 18, 2025.
- [F4]On April 24 2022 the reporting person was granted 6,552 shares of restricted stock subject to a three-year cliff vesting schedule and subject to the satisfaction of certain performance criteria. The shares vested at 42% of target, resulting in the vesting of 2,751 shares of restricted stock, and were transferred to the executive on February 13, 2025.
- [F5]Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.