StockWatch
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Major Banks
Corporate GovernanceApr 24, 2026, 05:27 PM

First Hawaiian Amends Bylaws for Universal Proxy & Governance

AI Summary

First Hawaiian, Inc.'s Board of Directors approved its Fifth Amended and Restated Bylaws on April 22, 2026. These amendments update the company's corporate governance documents, primarily to align with new SEC Universal Proxy Rules and refine stockholder nomination and proposal requirements. The changes also clarify the Board's authority to reschedule meetings and mandate non-white proxy cards for soliciting stockholders.

Key Highlights

  • Adopted Fifth Amended and Restated Bylaws on April 22, 2026.
  • Updates for SEC Universal Proxy Rules, including 7-business-day certification.
  • Refines requirements for stockholder nominations and proposals.
  • Clarifies Board's authority to postpone or reschedule stockholder meetings.
  • Requires non-white proxy cards for stockholders soliciting proxies.