Harrison Robert S 4

What Happened
Robert S. Harrison, Chairman, President & CEO of First Hawaiian, Inc. (FHB), was awarded 69,567 shares on Feb 17, 2026 representing performance share units (PSUs) granted in 2023 that vested after the three‑year performance period. To satisfy withholding obligations tied to the delivery of those earned shares, 35,117 shares were withheld/disposed at an effective value of $26.40 per share, totaling approximately $927,089. The earned PSUs will be settled in shares no later than March 19, 2026. This was an award/settlement event with routine tax‑withholding, not an open‑market sale or new purchase.

Key Details

• Transaction date: February 17, 2026
• Award: 69,567 shares (performance share units earned; code A) acquired at $0.00 (no purchase price)
• Withholding: 35,117 shares withheld (code F) at $26.40/share for taxes — proceeds value ≈ $927,089
• Settlement timing: Company determined award on Feb 17, 2026; PSUs to be settled in shares by March 19, 2026 (per footnote)
• Shares owned after transaction: Not disclosed in the filing
• Filing timeliness: Report filed Feb 19, 2026 for a Feb 17 transaction (no late filing indicated)

Context
These shares come from performance‑based RSU/PSU awards granted in 2023 and earned after meeting performance and continued‑employment requirements through 2025. The withholding of shares to cover taxes is a common administrative step when equity awards vest and does not represent a market sale or a directional trade signal by the insider.