GINNODO ABBE L 4

What Happened
Abbe L. Ginnodo, Controller of Bank of Hawaii Corporation (BOH), received a grant of 633 restricted stock units (RSUs) on February 19, 2026. The award is recorded as a derivative acquisition (code A) at $0.00 per unit — there was no cash exchange at grant. The RSUs represent contingent rights to receive common shares if vesting conditions are met.

Key Details

• Transaction date: February 19, 2026; Form 4 filed February 23, 2026 (within the required two business‑day window).
• Award: 633 restricted stock units (RSUs); reported price $0.00 (no immediate cash value recorded in the filing).
• Vesting: RSUs are subject to service and performance vesting requirements over a three‑year performance period (see footnotes). Each RSU equals the contingent right to one common share upon vesting.
• Shares owned after transaction: Not specified in the filing.
• Transaction code: A (award/grant). No 10b5‑1 plan, tax‑withholding, or sale noted in this filing.

Context
RSU grants are common for compensation and align executive pay with company performance and retention. These units do not convert into actual shares until performance and service conditions are met (and may be forfeited if conditions aren’t satisfied), so they are not an immediate buy or sell signal.