Central Pacific Financial (NYSE: CPF) CEO gets 11,635-share award, covers taxes with shares
Rhea-AI Filing Summary
Central Pacific Financial Corp President & CEO Arnold D. Martines reported equity compensation activity in company common stock. On 2/17/26, he acquired 11,635 shares through a restricted stock unit grant at no cash cost, with shares scheduled to vest evenly over three years.
On the same date, a total of 7,317 shares were disposed of to cover tax liabilities associated with vested awards at a reported price of $34.38 per share. The filing also lists multiple direct and indirect holdings, including shares held by his spouse, showing updated post-transaction ownership balances.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 4,318 shares
Net Buy
28 txns
Insider
Martines Arnold D
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 11,635 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,109 | $34.38 | $73K |
| Exercise Price or Tax Liability | Common Stock | 3,152 | $34.38 | $108K |
| Exercise Price or Tax Liability | Common Stock | 2,056 | $34.38 | $71K |
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Holdings After Transaction:
Common Stock — 44,883 shares (Direct);
Common Stock — 6,049 shares (Indirect, Spouse)
Footnotes (26)
- F1. 2/17/26 RSU Grant. Shares vest evenly over 3 years.
- F2. 2/15/23 RSU Time-Based Grant. Shares vest evenly over 3 years
- F3. Shares used for taxes on vested shares
- F4. 2/15/24 RSU Grant. Shares vest evenly over 3 years.
- F5. 2/18/25 RSU Grant. Shares vest evenly over 3 years.
- F6. 2/15/17 PSU Grant that cliff vests on 2/18/20 based on 2019 year-end performance results. Amount reported is actual number of shares that vested and were issued on 2/18/20.
- F7. 2/15/18 PSU Grant that cliff vests on 2/16/21 based on 2020 year-end performance results/approval. Amount reported is actual number of shares that vested and were issued on 2/16/21.
- F8. 2/15/19 PSU Grant that cliff vests on 2/15/22 based on 2021 year-end performance results/approval. Amount reported is actual number of shares that vested and were issued on 2/15/22.
- F9. 2/15/22 PSU Grant that cliff vests on 2/15/25 based on 2024 year-end performance results/approval. Amount reported is actual number of shares that vested and were issued on 2/18/25.
- F10. 2/15/22 PSU Grant that cliff vests on 2/15/25 based on 2024 year-end performance results/approval. Amount reported is actual number of shares that vested and were issued on 2/18/25.
- F11. 2/16/21 PSU Grant that cliff vests on 2/15/24 based on 2023 year-end performance results/approval. Amount reported is actual number of shares that vested and were issued on 2/15/24.
- F12. 2/16/21 PSU Grant that cliff vests on 2/16/24 based on 2023 year-end performance results/approval. Amount reported is actual number of shares that vested and were issued on 2/16/24.
- F13. 2/15/19 RSU Time-Based Grant. Shares vest evenly over 3 years
- F14. 2/18/20 RSU Time-Based Grant. Shares vest evenly over 3 years
- F15. 5/15/19 RSU Time-Based Grant. Shares vest evenly over 5 years
- F16. 5/15/20 RSU Time-Based Grant. Shares vest evenly over 3 years.
- F17. 5/2/18 RSU time based grant. Shares vest evenly over 3 years
- F18. 6/1/20 RSU Time-Based Grant. Shares vest evenly over 3 years.
- F19. 2/15/18 RSU time-based grant. Shares vest evenly over 3 years.
- F20. 2/15/22 RSU Time-Based Grant. Shares vest evenly over 3 years
- F21. 2/15/17 RSU Time-Based Grant. Shares vest evenly over 3 years
- F22. 2/16/16 RSU Time-Based Grant. Shares vest equally over 3 years.
- F23. RSU time-based grant. Shares vest evenly over 3 years
- F24. RSU grant; 3-year time-based vesting, in which 1/3 will vest each year.
- F25. 5/2/17 RSU Time-Based Grant. Shares vest evenly over 3 years
- F26. RSUs time-based; granted 2/17/15
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did CPF President & CEO Arnold Martines report?
Arnold Martines reported receiving 11,635 shares of Central Pacific Financial common stock via a restricted stock unit grant, and disposing of 7,317 shares to satisfy tax obligations on vested awards, all dated February 17, 2026, as reflected in the Form 4 filing.
Does the CPF Form 4 show indirect holdings for the CEO through a spouse?
Yes. The Form 4 lists several indirect holdings labeled as "Spouse," including positions of 738, 281, 579, 592 and 3,859 shares. These entries indicate additional ownership reported as indirect, separate from the CEO’s directly held Central Pacific Financial shares.