CPF director trust sells 3,333 Central Pacific shares
Central Pacific Financial Corp director Agnes Catherine Ngo, through the Hines & Ngo 2000 Family Trust where she is co‑trustee, sold 3,333 shares of common stock on August 12, 2025 in an open‑market transaction at a weighted average price of $27.869 per share.
Rhea-AI Filing Summary
Central Pacific Financial Corp director Agnes Catherine Ngo, through the Hines & Ngo 2000 Family Trust where she is co‑trustee, sold 3,333 shares of common stock on August 12, 2025 in an open‑market transaction at a weighted average price of $27.869 per share.
This trade was executed under a pre‑arranged Rule 10b5‑1 trading plan adopted on February 3, 2025, meaning she did not control the timing. Following this transaction, the trust held 65,459 shares, and Ngo also reported additional direct and indirect CPF holdings from prior equity awards and grants.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,333 shares
Net Sell
26 txns
Insider
Ngo Agnes Catherine
Role
Director
Sold
3,333 shs ($93K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,333 | $27.869 | $93K |
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Holdings After Transaction:
Common Stock — 65,459 shares (Indirect, Co-Trustee of Hines & Ngo 2000 Family Trust dtd 4/18/00);
Common Stock — 5,886 shares (Indirect, CPB Foundation);
Common Stock — 113,272 shares (Direct);
Common Stock — 2,714 shares (Indirect, Robert Hines IRA)
Footnotes (23)
- F1. This transaction was effected pursuant to a Rule 10b5-1 Plan entered into by the reporting person on February 3, 2025. Accordingly, the reporting person had no discretion with regard to the timing of the transaction.
- F2. Represents the weighted average purchase price. The shares were purchased at prices ranging from $27.22 to $28.14 per share. Full information regarding the number of shares purchased at each price shall be provided to the Securities and Exchange Commission staff (the "Staff"), Issuer, or a security holder of Issuer, upon request.
- 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. 2/16/16 PSU Grant that cliff vests on 2/15/19 based on 2018 year-end performance results. Amount reported is actual number of shares that vested and were issued on 2/15/19.
- F9. 2/16/21 PSU Grant that cliff vests on 2/16/23 based on 2022 year-end performance results. Amount reported is actual number of shares that vested and were issued on 2/16/23.
- F10. 2/16/21 PSU Grant that cliff vests on 2/16/23 based on 2022 year-end performance results/approval. Amount reported is actual number of shares that vested and were issued on 2/16/23.
- F11. 2/16/21 PSU Grant that cliff vests on 2/16/23. Amount reported is actual number of shares that vested and were issued on 2/16/23.
- F12. 2/15/19 RSU Time-Based Grant. Shares vest evenly over 3 years
- F13. 2/18/20 RSU Time-Based Grant. Shares vest evenly over 3 years
- F14. 2/15/18 RSU time-based grant. Shares vest evenly over 3 years.
- F15. 2/15/22 RSU Time-Based Grant. Shares vest evenly over 3 years
- F16. 2/16/21 RSU Time-Based Grant. Shares vest evently over 2 years
- F17. 2/15/17 RSU Time-Based Grant. Shares vest evenly over 3 years
- F18. 2/16/16 RSU Time-Based Grant. Shares vest equally over 3 years.
- F19. RSU time-based grant. Shares vest evenly over 3 years
- F20. RSUs time-based; granted 2/17/15
- F21. RSUs performance-based were originally filed on 3/4/2014 at the maximum performance criteria. This supplements that filing to note the actual number shares that vested based on the performance results.
- F22. RSUs time-based originally filed on 3/4/2014 were reported with RSUs performance-based and combined into one holding. This clarifies that filing and creates a separate holding for the RSUs time-based only.
- F23. RSU time-based grant 8/17/15, with 5-year vesting schedule, whereby shares to vest in equal increments over 5-years.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did CPF director Agnes Catherine Ngo report?
Agnes Catherine Ngo reported an open-market sale of 3,333 Central Pacific Financial common shares. The shares were sold indirectly through the Hines & Ngo 2000 Family Trust, where she serves as co-trustee, and were executed under a pre-arranged Rule 10b5-1 trading plan.
What other CPF equity awards or grants are referenced in Ngo’s Form 4 footnotes?
The footnotes reference multiple performance share unit and restricted stock unit grants from 2015 to 2022. They describe cliff-vesting or time-based schedules and note that the amounts reported reflect actual shares that vested and were issued on specific vesting dates.
AI-generated analysis. How Rhea-AI works. Not financial advice.
