Blakeney Darlene N. 4
Research Summary
AI-generated summary
FHB EVP Darlene Blakeney Withholds 206 Shares for Taxes
What Happened
Darlene N. Blakeney, EVP & Chief Lending Officer of First Hawaiian, Inc. (FHB), had 206 shares withheld to satisfy tax withholding obligations related to vested restricted stock units. The shares were valued at $26.39 each for a total of $5,436 and were reported as a disposition (transaction code F) on February 22, 2026. This was a tax-withholding event tied to RSU vesting, not an open-market sale initiated for investment reasons.
Key Details
- Transaction date: 2026-02-22 (reported on Form 4 filed 2026-02-23) — appears timely.
- Price per share: $26.39; Shares withheld/disposed: 206; Total value: $5,436.
- Shares owned after transaction: not specified in this filing.
- Footnote: F1 — shares withheld to satisfy withholding obligations in connection with RSU vesting previously reported on Form 3 (filed Oct 4, 2023).
- Transaction code F denotes tax withholding; this is routine and typically administrative.
Context
Withholding shares to cover taxes on vested RSUs is common and does not necessarily indicate insider sentiment about the stock. This is a withholding/cashless settlement for tax purposes, not an intentional open-market sale or purchase.