Arizumi Alan 4

What Happened

• Alan Arizumi, Vice Chair of First Hawaiian, Inc. (FHB), was credited with 10,108 shares as the payout of 2023 performance share units (PSUs) on Feb 17, 2026 (two separate awards of 9,073 and 1,035 shares at $0.00). To satisfy tax withholding, 3,534 of those shares (3,145 and 389) were withheld/disposed at $26.40 per share, producing proceeds of $83,028 and $10,270 (total ~$93,298). Net shares expected to be delivered to Arizumi are 6,574 shares. The Compensation Committee approved the PSU payout on Feb 17, and the PSUs will be settled in shares no later than Mar 19, 2026.

Key Details

• Transaction date: Feb 17, 2026; filing date: Feb 19, 2026 (timely).
• Awards: 9,073 and 1,035 shares (code A) granted/earned from 2023 PSUs; reported at $0.00.
• Withholding: 3,145 and 389 shares (code F) withheld/treated as dispositions at $26.40 to cover tax obligations (total withheld = 3,534 shares; proceeds ~ $93,298).
• Shares owned after the transaction: not specified in the filing.
• Footnotes: F1 — PSUs were granted in 2023, vested based on performance through Dec 31, 2025 and were approved Feb 17, 2026; settlement in shares no later than Mar 19, 2026. F2 — the reported dispositions reflect shares withheld to satisfy tax withholding obligations (not an open-market sale).

Context

• These transactions reflect an award payout (acquisition) of earned PSUs with a routine tax-withholding disposition. Tax-withholding (code F) is commonly recorded as a disposition but does not necessarily indicate the insider sold shares on the open market.