CPF (CPF) CFO reports 1,052-share award and 340-share tax withholding

Rhea-AI Filing Summary

Central Pacific Financial Corp EVP and CFO Dayna N. Matsumoto reported equity compensation activity in company common stock. On February 17, 2026, she received a grant or award of 1,052 shares of common stock at $0.00 per share. On the same date, 340 shares at $34.38 per share were disposed of to satisfy tax obligations on vested shares, leaving 712 shares directly held from that award.

Footnotes explain that part of the reported stock relates to a February 15, 2023 performance share (PSU) grant that cliff vests on February 15, 2026, with the Board’s compensation committee certifying final performance results on February 23, 2026. Additional entries reflect restricted stock unit (RSU) grants dated February 17, 2026, February 15, 2023, February 15, 2024, and February 18, 2025, which vest evenly over three years with remaining tranches outstanding.

SEC Form 4

FORM 4

UNITED 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

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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^*

Matsumoto Dayna N

(Last) (First) (Middle)

220 SOUTH KING ST

(Street)

HONOLULU HI 96813

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CENTRAL PACIFIC FINANCIAL CORP [ CPF ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, CFO

3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock(1)	02/17/2026		A		1,052	A	$0	1,052	D
Common Stock(1)	02/17/2026		F(2)		340	D	$34.38	712	D
Common Stock(3)								2,974	D
Common Stock(4)								237	D
Common Stock(5)								837	D
Common Stock(6)								2,720	D
Common Stock								530	D
Common Stock								4,913.417	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 2/15/23 PSU Grant that cliff vests on 2/15/26 (next business day if 2/15 falls on weekend/holiday) based on performance results/approval. The Board Compensation Committee reviewed and certified final performance results on 2/23/26. Amount reported is the actual number of shares that vested and were issued.

2. Shares used for taxes on vested shares

3. 2/17/26 RSU Grant. Shares vest evenly over 3 years.

4. 2/15/23 RSU Grant. Shares vest evenly over 3 years. Outstanding shares vest in 1 remaining tranche

5. 2/15/24 RSU Grant. Shares vest evenly over 3 years. Outstanding shares vest in 2 remaining tranches.

6. 2/18/25 RSU Grant. Shares vest evenly over 3 years.

	/s/ Stacey Rocha, attorney-in-fact for Ms. Matsumoto	02/24/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider activity did CPF report for Dayna N. Matsumoto on this Form 4?

The Form 4 shows EVP and CFO Dayna N. Matsumoto received a grant of 1,052 common shares on February 17, 2026. It also reports a related share disposition used to cover taxes on vested stock awards.

How many Central Pacific Financial (CPF) shares were granted and withheld for taxes?

Matsumoto was granted 1,052 shares of CPF common stock at $0.00 per share. Of these, 340 shares valued at $34.38 per share were delivered to satisfy tax liabilities, leaving 712 shares directly held from that transaction.

Was the CPF insider share disposition an open-market sale?

The filing describes the 340-share disposition as a payment of tax liability by delivering securities. This indicates shares were withheld or delivered for taxes on vested awards, rather than sold in an open-market transaction.

What does the Form 4 say about CPF performance share (PSU) vesting for Dayna Matsumoto?

Footnotes describe a February 15, 2023 PSU grant that cliff vests on February 15, 2026, subject to performance results and approval. The Board’s compensation committee certified final performance results on February 23, 2026, and the amount reported reflects actual vested shares.

What restricted stock unit (RSU) grants for CPF’s CFO are referenced in this filing?

The notes reference RSU grants dated February 17, 2026, February 15, 2023, February 15, 2024, and February 18, 2025. Each RSU grant vests evenly over three years, with some grants having one or two remaining vesting tranches outstanding.

How should investors interpret the equity awards reported for CPF’s CFO?

The activity reflects equity-based compensation rather than open-market buying or selling. It includes stock grants, performance share vesting, RSU positions, and shares delivered for tax withholding, all typical components of senior executive pay structures.