Central Pacific Financial (CPF) Insider Notice: 3,333 Shares to Be Sold
Rhea-AI Filing Summary
CENTRAL PACIFIC FINANCIAL CORP (CPF) Form 144 notice indicates a proposed sale of 3,333 common shares through Raymond James & Associates on 09/12/2025 with an aggregate market value reported as $102,090.00. The shares were acquired as a stock award on 02/15/2019. The filing lists 27,065,570 shares outstanding for the class, so the proposed sale is a small fraction of outstanding stock. The filer also reported three prior sales in the past three months: 3,333 shares each on 06/12/2025, 07/15/2025, and 08/13/2025 with gross proceeds of $89,848, $97,218, and $92,781, respectively. The notice contains the required representation about material nonpublic information.
Positive
- Filer provided required Rule 144 details including acquisition date, nature of acquisition, broker, and intended sale date
- Proposed sale size is immaterial relative to outstanding shares (3,333 vs. 27,065,570)
Negative
- None.
Insights
TL;DR: Small, routine insider sale notice; unlikely to move valuation given the tiny size relative to outstanding shares.
The Form 144 documents a proposed sale of 3,333 shares acquired as a stock award in 2019, to be executed through Raymond James on 09/12/2025. With 27,065,570 shares outstanding, the proposed sale represents roughly 0.012% of the class, indicating immaterial dilution or supply impact. The filer also disclosed three recent monthly sales totaling 9,999 shares and roughly $279,847 in proceeds over the past three months. This pattern appears consistent with scheduled or planned disposition of awarded shares rather than a single large liquidation. Impact on market or company fundamentals is negligible based on disclosed quantities.
TL;DR: Compliance-focused filing showing adherence to Rule 144 disclosures and insider certification about material nonpublic information.
The notice includes acquisition details (stock award, 02/15/2019) and confirms the filer represents no knowledge of undisclosed material adverse information, satisfying Rule 144 attestation language. Repeated monthly filings in June, July, and August 2025 indicate ongoing compliance with sale-reporting obligations. There is no indication of unusual trading patterns, control changes, or reliance on 10b5-1 in the provided text. From a governance perspective, the filing fulfills disclosure requirements and raises no immediate red flags.