Moses James M 4

What Happened
Moses James, Chief Financial Officer of First Hawaiian, Inc. (FHB), was granted 20,264 shares of common stock on Feb 17, 2026 as the settled result of previously awarded performance share units. To satisfy required tax withholding on the award, 6,751 shares were withheld (disposed) at a per-share value of $26.40, totaling $178,226. The award itself was recorded at $0.00 per share because it represents settlement of earned performance units rather than a cash purchase.

Key Details

• Transaction date: February 17, 2026; Form 4 filed February 19, 2026.
• Grant/Acquisition: 20,264 shares (code A) — recorded at $0.00 per share.
• Withholding/Disposition: 6,751 shares (code F) withheld at $26.40 per share = $178,226.
• Shares owned after the transactions: not specified in the provided filing.
• Footnotes:
  • The 20,264 shares represent performance share units granted in 2023 that vested based on performance through 12/31/2025; the Compensation Committee approved the earned amount on 2/17/2026 and the units will be settled in shares no later than 3/19/2026.
  • The 6,751 shares were withheld to satisfy tax withholding obligations related to the delivery of the earned shares.
• Filing timeliness: Form shows transaction date 2/17/2026 and filing date 2/19/2026.

Context
This was a settlement of performance-based equity (an award) rather than an open-market purchase or an exercise of options. The withholding of shares to cover taxes is routine and is a common administrative step when equity awards vest; it should not be interpreted as a discretionary sale that signals the insider’s view on the company’s stock.