STOCK TITAN

Bank of Hawaii (NYSE: BOH) vice chair has shares withheld to cover tax on vested stock

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
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

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Negative

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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)
  1. [object Object]
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
restricted shares financial
"tax liability incurred upon the vesting of restricted shares of common stock"
Restricted shares are company stock that cannot be sold or transferred immediately because they are subject to legal or contractual limits, such as a required holding period or performance conditions. They matter to investors because these locked-up shares can affect a company’s available stock for trading, future dilution, and insider incentives—imagine a gift that can’t be cashed until certain conditions are met, which changes when and how much supply can suddenly enter the market.
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"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
EMERSON MATTHEW

(Last)(First)(Middle)
130 MERCHANT STREET

(Street)
HONOLULU HAWAII 96813

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
BANK OF HAWAII CORP [ BOH ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Vice Chair
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock03/31/2026F3,244(1)D$74.259,932D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents shares of common stock withheld by Bank of Hawaii Corporation for payment of tax liability incurred upon the vesting of restricted shares of common stock.
Remarks:
/s/ Katherine Lamb for EMERSON MATTHEW by Power of Attorney04/01/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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.

Did Matthew Emerson sell Bank of Hawaii (BOH) shares on the open market?

No, the filing shows a tax-withholding disposition, not an open-market sale. Bank of Hawaii withheld 3,244 shares at $74.25 to pay tax liabilities from restricted shares vesting, a routine administrative event tied to equity compensation.

How many BOH shares were involved in Matthew Emerson’s tax withholding?

The Form 4 shows 3,244 Bank of Hawaii common shares withheld. These shares, priced at $74.25 each, were retained by the company to satisfy Emerson’s tax obligations arising from the vesting of restricted stock awards, rather than being sold in the market.

How many Bank of Hawaii (BOH) shares does Matthew Emerson own after this transaction?

After the tax-withholding disposition, Matthew Emerson directly holds 9,932 BOH common shares. This figure reflects his remaining direct ownership following the company’s withholding of 3,244 shares to cover tax liabilities from restricted stock vesting.

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.