Skip to main content
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Bank of Hawaii Director Sells All Shares in His Trust After CEO Announces Retirement

Motley Fool - Sun Feb 22, 6:32AM CST

Key Points

  • A director at Bank of Hawaii sold 5,000 shares following the CEO's announcement of retirement later in March.

  • Bank of Hawaii remains limited in stock growth due to its geographic concentration within the Pacific islands.

On Feb. 6, 2026, Robert W. Wo Jr., Director of Bank of Hawaii Corporation(NYSE:BOH), reported an indirect open-market sale of 5,000 common shares valued at approximately $393,000 according to the SEC Form 4 filing.

Transaction summary

MetricValue
Shares sold (indirect)5,000
Transaction value$393,000
Post-transaction shares (direct)44,635
Post-transaction shares (indirect)11,173
Post-transaction value (direct ownership)$3.5 million

Transaction value based on SEC Form 4 reported price ($78.57); post-transaction value based on trade-date market close.

Key questions

  • What is the composition of Wo's holdings after this sale?
    Following the transaction, Wo holds 44,635 common shares directly and 11,173 shares indirectly, in addition to 34,906 shares in the Directors' Deferred Compensation Plan, which are convertible into common stock.
  • How does the magnitude of this transaction compare to Wo's historical trading activity?
    This is Wo's only reported open-market sale since at least March 2023, with previous activity limited to administrative adjustments and a single 6,500-share purchase in June 2023.
  • Which entity controlled the shares sold, and what implications does that carry for direct versus indirect ownership?
    The 5,000 shares sold were entirely held by the Robert Ching Wo Trust 1985; Wo's direct ownership was unaffected.

Company overview

MetricValue
Revenue (TTM)$705.13 million
Net income (TTM)$184.83 million
Dividend yield3.50%
1-year price change (as of Feb. 21, 2026)9.45%

* 1-year price change calculated as of Feb. 6, 2026.

Company snapshot

Bank of Hawaii Corporation is a leading regional financial institution headquartered in Honolulu, Hawaii, Guam, and other Pacific Islands, with a history dating back to 1897. It offers a broad suite of financial products and services, including consumer and commercial banking, wealth management, investment advisory, and treasury solutions.

What this transaction means for investors

Although Wo’s trust, Robert Ching Wo Trust 1985, currently holds zero shares, the board director still holds thousands of shares through various entities, including holding 44,635 shares directly and 34,906 shares are held under a deferred compensation plan, which distributes stock at the director’s discretion or when his role is terminated.

Wo also owns thousands of shares through an irrevocable trust, his wife, and her trust. In total, he currently holds 11,173 shares indirectly. So the sale of indirect shares shouldn’t concern investors, but there should be concern around the bank’s geographic concentration of its lending and banking products.

The company serves customers across the Pacific region, but that’s still limited compared to competitor banks that offer services around the entire U.S. and/or the entire world. The bank’s CEO also announced his plans to retire at the end of March 2026. And with the stock having four consecutive years of price decline, it remains to be seen how the company and its stock will pivot toward long-term growth.

Should you buy stock in Bank Of Hawaii right now?

Before you buy stock in Bank Of Hawaii, consider this:

The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Bank Of Hawaii wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.

Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $424,262!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,163,635!*

Now, it’s worth noting Stock Advisor’s total average return is 904% — a market-crushing outperformance compared to 194% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.

See the 10 stocks »

*Stock Advisor returns as of February 22, 2026.

Adé Hennis has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.