Blakeney Darlene N. 4

What Happened

• Darlene Blakeney, EVP & Chief Lending Officer of First Hawaiian, had a total of 1,146 shares withheld to satisfy tax withholding tied to vested restricted stock units (RSUs). The filing reports 567 shares withheld on Feb 26, 2026 at $25.89 (value $14,680) and 579 shares withheld on Feb 28, 2026 at $24.76 (value $14,336). These are withholding dispositions (transaction code F), not open-market sales.

Key Details

• Transaction dates and amounts:
  • Feb 26, 2026: 567 shares withheld at $25.89 — $14,680 (F1)
  • Feb 28, 2026: 579 shares withheld at $24.76 — $14,336 (F2)
• Total shares withheld: 1,146; total value ≈ $29,016.
• Shares owned after the transactions: not specified in the provided excerpt; consult the full Form 4 for post-transaction holdings.
• Footnotes: F1 and F2 confirm these were shares withheld to satisfy withholding obligations on vested RSUs previously reported on Form 4 filings (F1 tied to a Feb 28, 2025 filing; F2 tied to a Mar 1, 2024 filing).
• Filing: Form 4 was filed March 2, 2026. The provided excerpt does not include an explicit late-filing flag.

Context

• These transactions are routine tax-withholding (a “sell-to-cover” style disposition) tied to RSU vesting, not deliberate open-market sales or purchases. Such withholdings are administrative and generally do not signal insider sentiment about the company’s stock.