CPF CEO granted 13,384 shares, with tax share withholding
Central Pacific Financial Corp Chairman, President & CEO Arnold D. Martines reported equity compensation activity in company common stock.
Rhea-AI Filing Summary
Central Pacific Financial Corp Chairman, President & CEO Arnold D. Martines reported equity compensation activity in company common stock. He received a grant or award of 13,384 shares of common stock on February 17, 2026 at a stated price of $0.00 per share, reflecting a stock-based compensation award.
On the same date, 6,324 shares of common stock at $34.38 per share were disposed of to satisfy exercise price or tax withholding obligations, rather than through an open-market sale. The filing also updates multiple direct and indirect holdings, including shares reported as held by his spouse, without indicating additional purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
30 transactions reported
Mixed
30 txns
Insider
Martines Arnold D
Role
Chairman, President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 13,384 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 6,324 | $34.38 | $217K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 86,678 shares (Direct);
Common Stock — 6,049 shares (Indirect, Spouse)
Footnotes (27)
- F1. 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.
- F2. Shares used for taxes on vested shares
- F3. 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.
- F4. 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.
- F5. 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.
- F6. 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.
- F7. 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.
- F8. 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.
- F9. 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.
- F10. 2/15/23 RSU Time-Based Grant. Shares vest evenly over 3 years
- F11. 2/15/19 RSU Time-Based Grant. Shares vest evenly over 3 years
- F12. 2/18/20 RSU Time-Based Grant. Shares vest evenly over 3 years
- F13. 5/15/19 RSU Time-Based Grant. Shares vest evenly over 5 years
- F14. 5/15/20 RSU Time-Based Grant. Shares vest evenly over 3 years.
- F15. 5/2/18 RSU time based grant. Shares vest evenly over 3 years
- F16. 6/1/20 RSU Time-Based Grant. Shares vest evenly over 3 years.
- F17. 2/15/18 RSU time-based grant. Shares vest evenly over 3 years.
- F18. 2/15/22 RSU Time-Based Grant. Shares vest evenly over 3 years
- F19. 2/15/17 RSU Time-Based Grant. Shares vest evenly over 3 years
- F20. 2/16/16 RSU Time-Based Grant. Shares vest equally over 3 years.
- F21. RSU time-based grant. Shares vest evenly over 3 years
- F22. RSU grant; 3-year time-based vesting, in which 1/3 will vest each year.
- F23. 5/2/17 RSU Time-Based Grant. Shares vest evenly over 3 years
- F24. 2/15/24 RSU Grant. Shares vest evenly over 3 years.
- F25. RSUs time-based; granted 2/17/15
- F26. 2/17/26 RSU Grant. Shares vest evenly over 3 years.
- F27. 2/18/25 RSU Grant. Shares vest evenly over 3 years.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did CPF CEO Arnold Martines report on this Form 4?
Arnold D. Martines reported a grant of 13,384 shares of Central Pacific Financial common stock and a related 6,324-share disposition used to cover exercise price or tax liabilities, along with updated direct and spouse-held indirect share balances across multiple accounts.
Does the CPF Form 4 include indirect holdings through the CEO’s spouse?
Yes. The filing lists several positions with ownership coded as indirect and the nature of ownership specified as Spouse. These entries update the number of Central Pacific Financial common shares attributed to accounts held by, or for the benefit of, the spouse.
What do the RSU and PSU footnotes in the CPF Form 4 indicate?
The footnotes describe performance stock units (PSUs) and restricted stock units (RSUs) granted on various dates, with vesting based on time or performance. They state that the amounts reported represent actual shares that vested and were issued after performance certification or scheduled vesting dates.
AI-generated analysis. How Rhea-AI works. Not financial advice.
