Central Pacific (CPF) director granted 1,857 shares as 2026 board fees
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
KOSASA PAUL reported acquisition or exercise transactions in this Form 4 filing.
Central Pacific Financial Corp director Paul Kosasa received a stock grant of 1,857 shares of common stock at $33.65 per share. This award represents his 2026 board of directors fees for the period from May 1, 2026 to April 30, 2027, paid in company stock. Following the grant, he directly holds 74,569 shares of Central Pacific Financial common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
KOSASA PAUL
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,857 | $33.65 | $62K |
Holdings After Transaction:
Common Stock — 74,569 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares granted: 1,857 shares
Grant price: $33.65 per share
Shares after transaction: 74,569 shares
+3 more
6 metrics
Shares granted
1,857 shares
Common stock grant reported on May 15, 2026
Grant price
$33.65 per share
Value per share for 2026 board fee stock
Shares after transaction
74,569 shares
Direct holdings following the grant
Board fee period start
May 1, 2026
Start of service period covered by 2026 board fees
Board fee period end
April 30, 2027
End of service period covered by 2026 board fees
Fee approval timing
October 2025
Board Compensation Committee approval date for 2026 fees
Key Terms
Grant, award, or other acquisition, Board Compensation Committee, BOD Fees
3 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
Board Compensation Committee financial
"The 2026 Board fees were approved by the Board Compensation Committee in October 2025."
BOD Fees financial
"2026 BOD Fees (covering the period 5/1/26-4/30/27) issued in CPF Stock."
FAQ
What insider transaction did CPF director Paul Kosasa report on this Form 4?
Director Paul Kosasa reported receiving 1,857 shares of Central Pacific Financial common stock as a grant. The shares were awarded at $33.65 per share as part of his 2026 board fees, increasing his direct holdings to 74,569 shares.
Was the CPF Form 4 transaction a market purchase or a stock grant?
The transaction was a stock grant, not a market purchase. The filing classifies it as a “Grant, award, or other acquisition,” representing 2026 board of directors fees issued in Central Pacific Financial stock rather than cash compensation.
What period do the 2026 board fees in CPF stock cover for Paul Kosasa?
The 2026 board fees issued in Central Pacific Financial stock cover the period from May 1, 2026 through April 30, 2027. The Form 4 footnote explains that these fees were approved by the Board Compensation Committee in October 2025.
Who approved the 2026 board fees issued in CPF stock to Paul Kosasa?
The 2026 board fees issued in Central Pacific Financial stock were approved by the Board Compensation Committee. According to the Form 4 footnote, this approval occurred in October 2025 and applies to fees covering May 1, 2026 to April 30, 2027.