Char Neill 4
Research Summary
AI-generated summary
First Hawaiian (FHB) Vice Chair Char Neill Withholds 754 Shares
What Happened
- Char Neill, Vice Chair of First Hawaiian, Inc. (FHB), had 754 shares of common stock withheld to satisfy tax withholding obligations tied to the vesting of restricted stock units (RSUs). The shares were valued at $26.39 each, totaling approximately $19,898. This was a withholding to cover taxes on vested RSUs—not an open-market sale or a discretionary trade.
Key Details
- Transaction date and price: Feb 22, 2026 — 754 shares withheld at $26.39 per share (total ≈ $19,898).
- Transaction code: F (payment of exercise price or tax liability / shares withheld).
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: The withholding relates to RSUs that vested on Feb 22, 2026 and were originally reported on a Form 4 filed Feb 23, 2023.
- Filing timeliness: Form filed Feb 23, 2026 reporting the Feb 22, 2026 transaction (appears timely).
Context
- This is a routine net-share settlement (issuer withheld shares to pay taxes) following RSU vesting. Such withholdings are administrative and do not necessarily indicate the insider’s view of the company’s prospects. For investors tracking insider activity, purchases are generally more informative than routine tax withholdings like this.