Asato Keith 4
4 · BANK OF HAWAII CORP · Filed Feb 23, 2026
Research Summary
AI-generated summary of this filing
Bank of Hawaii (BOH) Principal Accounting Officer Keith Asato Exercises RSUs
What Happened Keith Asato, Principal Accounting Officer at Bank of Hawaii Corporation (BOH), had restricted stock units (RSUs) convert/vest and reported both a grant and a conversion/exercise in this Form 4. On Feb 19, 2026 he was granted 380 RSUs (subject to service and performance vesting). On Feb 20, 2026 a conversion/exercise event for 533 RSUs was reported. The filing shows a reported disposition of shares at $80.07 for $42,677 and 201 shares were withheld by the company to cover tax withholding (valued at $16,094).
Key Details
- Transaction dates: Grant recorded 2026-02-19 (380 RSUs); conversion/exercise and related transactions dated 2026-02-20. Filing date: 2026-02-23.
- Reported amounts/prices: 533 RSUs converted/exercised; sale/proceeds entry shows 533 shares at $80.07 = $42,677. Tax withholding: 201 shares at $80.07 = $16,094.
- Shares owned after transaction: Not specified in the filing.
- Notable footnotes:
- F1: Each RSU represents the contingent right to one share of BOH common stock.
- F2: 201 shares were withheld by the company to pay tax liability on vesting.
- F3: The 380 RSU award granted 2/19/2026 is subject to three‑year service and performance vesting.
- F4: The 533 RSUs involved were originally granted 2/24/2023 and were subject to a three‑year performance/service period.
- Filing timeliness: Form filed 2026-02-23 for events on 2/19–2/20; the filing shows the dates but does not include an explicit late‑filing flag in the supplied data.
Context This was an RSU conversion/settlement event rather than an open‑market purchase. The company withheld shares to satisfy tax withholding — a routine administrative step (disposition code F) that does not, by itself, signal a change in insider sentiment. The 380‑unit award is a new grant subject to performance conditions; the 533 units converted were from a prior award.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-02-20+533→ 926 total - Tax Payment
Common Stock
[F2]2026-02-20$80.07/sh−201$16,094→ 725 total - Award
Restricted Stock Units
[F1][F3]2026-02-19+380→ 380 total→ Common Stock (380 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F4]2026-02-20$80.07/sh−533$42,677→ 0 total→ Common Stock (533 underlying)
Footnotes (4)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Bank of Hawaii Corporation common stock.
- [F2]Represents shares of common stock withheld by Bank of Hawaii Corporation for payment of tax liability incurred upon the vesting of restricted stock units.
- [F3]This award was granted February 19, 2026. The 380 restricted stock units are subject to service and performance vesting requirements, based on the three-year performance period.
- [F4]This award was granted February 24, 2023. The 533 restricted stock units originally granted were subject to service and performance vesting requirements, based on the three-year performance period.