SHAIRSON SCHAUD BRADLEY 4

4 · BANK OF HAWAII CORP · Filed Feb 23, 2026

AI-generated summary of this filing

Updated Feb 23, 2026

Bank of Hawaii (BOH) Vice Chair Shairson Schaud Bradley Exercises RSUs, Sells Shares

What Happened

Shairson Schaud Bradley, Vice Chair and Chief Risk Officer of Bank of Hawaii (BOH), converted restricted stock units (RSUs) into 10,461 shares and the shares were sold. The reported sale value was $837,612 (10,461 shares at $80.07). Separately, 3,439 shares were withheld by the company to cover tax liability, valued at $275,361.
In addition, Bradley received two new performance-based RSU awards on Feb 19, 2026: 6,330 RSUs (three-year performance/service vesting) and 1,266 RSUs (two-year performance/service vesting). The exercised/converted 10,461 RSUs were from a prior May 1, 2023 grant.

Key Details

Transaction dates: Grants on 2026-02-19; conversion/exercise and sale activity on 2026-02-20. Form 4 filed 2026-02-23 (filing appears timely).
Prices and values: Sold 10,461 shares at $80.07 = $837,612; 3,439 shares withheld for taxes at $80.07 = $275,361.
Shares owned after transaction: Not specified in the supplied filing data.
Notable footnotes: Each RSU represents a contingent right to one common share (F1). The 10,461 shares converted were from a May 1, 2023 RSU award subject to vesting (F5). New awards (6,330 and 1,266 RSUs) are performance- and service-based (F3, F4). The 3,439-share entry is tax withholding by the company (F2).
Transaction codes explained: A = award/grant; M = conversion/exercise of a derivative (RSU conversion); F = shares withheld to pay tax liability.

Context

This sequence looks like a cashless conversion/sale of vested RSUs: RSUs converted to shares, some shares withheld to cover taxes, and the remainder sold. For retail investors, such routine tax-withholding and sale after vesting is common and does not necessarily signal a view on the company.
New RSU awards reported are performance-based and vest over multi-year periods, so they represent future contingent compensation rather than an immediate purchase of stock.

Form 4

Period: 2026-02-19

Vice Chair and CRO

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-02-20+10,461→ 32,947 total
Tax Payment
Common Stock
[F2]
2026-02-20$80.07/sh−3,439$275,361→ 29,508 total
Award
Restricted Stock Units
[F1][F3]
2026-02-19+6,330→ 6,330 total
→ Common Stock (6,330 underlying)
Award
Restricted Stock Units
[F1][F4]
2026-02-19+1,266→ 1,266 total
→ Common Stock (1,266 underlying)
Exercise/Conversion
Restricted Stock Units
[F1][F5]
2026-02-20$80.07/sh−10,461$837,612→ 0 total
→ Common Stock (10,461 underlying)

Footnotes (5)

[F1]Each restricted stock unit represents a contingent right to receive one share of Bank of Hawaii Corporation common stock.
[F2]Represents shares of common stock withheld by Bank of Hawaii Corporation for payment of tax liability incurred upon the vesting of restricted stock units.
[F3]This award was granted February 19, 2026. The 6,330 restricted stock units are subject to service and performance vesting requirements, based on the three-year performance period.
[F4]This award was granted February 19, 2026. The 1,266 restricted stock units are subject to service and performance vesting requirements, based on the two-year performance period.
[F5]This award was granted May 1, 2023. The 10,461 restricted stock units originally granted were subject to service and performance vesting requirements, based on the three-year performance period.

Signature

/s/ Katherine Lamb for SHAIRSON SCHAUD BRADLEY by Power of Attorney|2026-02-23

1 file