Asato Keith 4

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.