Char Neill 4
4 · FIRST HAWAIIAN, INC. · Filed Feb 19, 2026
Research Summary
AI-generated summary of this filing
First Hawaiian (FHB) Vice Chair Char Neill Receives Award
What Happened
- Char Neill, Vice Chair of First Hawaiian, Inc. (FHB), was credited with 9,073 shares as the settlement of performance share units (PSUs) on Feb 17, 2026 (transaction code A — award/acquisition). To satisfy withholding obligations, 4,807 of those shares were withheld (transaction code F) at $26.40/share, generating $126,905. The award itself is reported with a $0.00 acquisition price because it stems from earned compensation rather than a cash purchase. Net new shares to Neill after withholding: 4,266 (approximately $112,600 based on $26.40/share).
Key Details
- Transaction date: February 17, 2026.
- Award: 9,073 shares (code A) reported at $0.00.
- Withholding: 4,807 shares (code F) disposed at $26.40 for $126,905 to cover taxes.
- Settlement: PSUs granted in 2023 were earned after a three-year performance period ending Dec 31, 2025; shares will be settled no later than March 19, 2026 (footnote).
- Shares owned after transaction: Not stated in the filing.
- Filing timeliness: Report filed Feb 19, 2026 for Feb 17 transactions — appears to be timely (Form 4 is typically due within two business days).
- Footnotes: F1 explains these were PSUs granted in 2023 and approved for settlement on Feb 17, 2026; F2 explains the withheld shares satisfied tax withholding.
Context
- These transactions reflect compensation settlement (earned PSUs), not an open-market purchase or a voluntary sale. Withholding of shares to cover taxes is a routine administrative action and does not necessarily indicate a change in the insider’s market view.
- For retail investors, awarded shares increase insider ownership (net after withholding) but are driven by prior compensation grants and performance metrics rather than direct insider buying.
Insider Transaction Report
Form 4
Char Neill
VICE CHAIR
Transactions
- Award
Common Stock
[F1]2026-02-17+9,073→ 46,277 total - Tax Payment
Common Stock
[F2]2026-02-17$26.40/sh−4,807$126,905→ 41,470 total
Footnotes (2)
- [F1]Represents shares of common stock of First Hawaiian, Inc. ("Common Stock") underlying performance share units granted in 2023 and earned based on the satisfaction of performance-based vesting requirements over a three-year performance period ending on December 31, 2025 and continued employment through the determination date. The Compensation Committee of the Board of Directors of First Hawaiian, Inc. determined and approved the amount of Common Stock earned in respect of such performance share units on February 17, 2026 and such performance share units will be settled in shares of Common Stock no later than March 19, 2026.
- [F2]Represents shares of Common Stock withheld to satisfy withholding obligations in connection with the delivery of the Common Stock underlying the performance share units described in footnote 1 above.
Signature
/s/ Lisa Kamibayashi as Attorney-In-Fact for Neill Char|2026-02-19