Arizumi Alan 4
Research Summary
AI-generated summary
First Hawaiian (FHB) Vice Chair Alan Arizumi Shares Withheld for Taxes
What Happened
Alan Arizumi, Vice Chair of First Hawaiian, Inc. (FHB), had a total of 1,574 shares of common stock withheld to satisfy tax withholding obligations arising from vested restricted stock units (RSUs). The withholdings occurred on February 26 and February 28, 2026, at prices of $25.89 and $24.76 per share, respectively, resulting in proceeds (values withheld) of approximately $18,874, $2,900, $15,376, and $2,773 — about $39,923 in aggregate. These transactions are routine tax-withholding disposals (code F) rather than open-market sales or purchases.
Key Details
- Transaction dates and amounts:
- 2026-02-26: 729 shares withheld @ $25.89 = $18,874 (disposed) (Footnote F1)
- 2026-02-26: 112 shares withheld @ $25.89 = $2,900 (disposed) (Footnote F1)
- 2026-02-28: 621 shares withheld @ $24.76 = $15,376 (disposed) (Footnote F2)
- 2026-02-28: 112 shares withheld @ $24.76 = $2,773 (disposed) (Footnote F2)
- Total shares withheld: 1,574; total value ≈ $39,923.
- Shares owned after the transactions: not specified in the information you provided (not stated in the summary data).
- Footnotes: F1 and F2 confirm these were shares withheld to satisfy tax obligations on vested RSUs; the related RSU vestings were previously reported on Form 4 filings (Feb 28, 2025 and Mar 1, 2024 (amended Mar 13, 2024)).
- Filing date: Form 4 filed March 2, 2026 (the filing reports the late-February withholdings).
Context
These transactions are tax-withholding dispositions: when RSUs vest, companies often withhold a portion of shares to cover required taxes rather than requiring cash payment. That is a routine administrative action and does not necessarily indicate a change in the insider’s view of the company.