CPF (NYSE: CPF) CFO gets 2,974-share grant, disposes stock for taxes

Rhea-AI Filing Summary

Central Pacific Financial Corp EVP and CFO Dayna N. Matsumoto reported multiple equity compensation transactions in company common stock. On February 17, 2026, she acquired 2,974 shares at $0.00 per share as a grant or award tied to a restricted stock unit (RSU) grant that vests evenly over three years.

On the same date, she disposed of 114 shares, 161 shares, and 328 shares of common stock at $34.38 per share. According to the footnotes, these dispositions were shares used to cover taxes on vested RSU shares from prior and current RSU grants, rather than open-market sales.

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		2,974	A	$0	2,974	D
Common Stock(2)	02/17/2026		F(3)		114	D	$34.38	237	D
Common Stock(4)	02/17/2026		F(3)		161	D	$34.38	837	D
Common Stock(5)	02/17/2026		F(3)		328	D	$34.38	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. 2/17/26 RSU Grant. Shares vest evenly over 3 years.

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

3. Shares used for taxes on vested shares

4. 2/15/24 RSU Grant. Shares vest evenly over 3 years. Outstanding shares vest in 2 remaining tranches.

5. 2/18/25 RSU Grant. Shares vest evenly over 3 years.

	/s/ Stacey Rocha, attorney-in-fact for Ms. Matsumoto	02/19/2026
	** 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 transactions did CPF EVP & CFO Dayna N. Matsumoto report?

Dayna N. Matsumoto reported receiving a grant of 2,974 shares of Central Pacific Financial common stock on February 17, 2026. She also reported several share disposals used to cover tax obligations tied to vested restricted stock units from multiple prior RSU grants.

How many CPF shares did the CFO acquire in the latest Form 4 filing?

The CFO acquired 2,974 shares of Central Pacific Financial common stock at $0.00 per share. This reflects a grant or award acquisition of equity compensation linked to an RSU grant that vests evenly over three years starting from February 17, 2026.

Were the CPF CFO’s share disposals open-market sales?

The reported disposals were not open-market sales. The Form 4 lists code F transactions, described as payment of tax liabilities by delivering shares. Footnotes state that the shares were used for taxes on vested RSU shares from several grant dates.

What prices were reported for the CPF CFO’s share transactions?

The equity award of 2,974 shares was reported at $0.00 per share, consistent with a compensation grant. The three tax-withholding transactions of 114, 161, and 328 shares were each reported at a transaction price of $34.38 per share.

What do the RSU footnotes in the CPF Form 4 indicate?

Footnotes describe RSU grants dated 2/15/23, 2/15/24, 2/18/25, and 2/17/26. Each grant vests evenly over three years. The notes also explain that some reported share dispositions were shares used for taxes on vested RSU tranches from these grants.

Does the CPF CFO still hold Central Pacific Financial shares after these transactions?

Yes. The Form 4 shows updated direct ownership balances after each line. For example, one line reports 2,720 shares following a tax-withholding disposition, while another reports 4,913.417 shares following a holding entry, indicating continued direct ownership of company common stock.