Bank of Hawaii (NYSE: BOH) vice chair has shares withheld to cover tax on vested stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bank of Hawaii Corporation Vice Chair Matthew Emerson had shares withheld to cover taxes on vested stock awards. On this Form 4, the company withheld 3,244 shares of common stock at $74.25 per share to pay tax liabilities from the vesting of restricted shares. After this non-market, tax-withholding disposition, Emerson directly holds 9,932 shares of Bank of Hawaii common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
EMERSON MATTHEW
Role
Vice Chair
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 3,244 | $74.25 | $241K |
Holdings After Transaction:
Common Stock — 9,932 shares (Direct)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 3,244 shares
Reference price per share: $74.25 per share
Shares owned after transaction: 9,932 shares
3 metrics
Shares withheld for taxes
3,244 shares
Common stock withheld for tax liability on restricted shares vesting
Reference price per share
$74.25 per share
Value used for 3,244 withheld shares
Shares owned after transaction
9,932 shares
Direct BOH common stock holdings after tax-withholding disposition
Key Terms
restricted shares, tax liability, withheld
3 terms
tax liability financial
"withheld by Bank of Hawaii Corporation for payment of tax liability incurred"
withheld financial
"Represents shares of common stock withheld by Bank of Hawaii Corporation"
FAQ
What did BOH Vice Chair Matthew Emerson report in this Form 4?
Matthew Emerson reported shares withheld to cover taxes on vested restricted stock. Bank of Hawaii Corporation withheld 3,244 common shares at $74.25 per share, and Emerson now directly holds 9,932 BOH shares after this non-market tax-withholding transaction.
What does the footnote in Matthew Emerson’s BOH Form 4 explain?
The footnote explains that the reported shares were withheld by Bank of Hawaii Corporation to pay tax liability when restricted common shares vested. It clarifies this was part of compensation-related tax settlement, not a discretionary sale of stock by Emerson.