Central Pacific (CPF) Form 4: Director Reports 923-Share Sale

Rhea-AI Filing Summary

Paul Kosasa, a director of Central Pacific Financial Corp (CPF), reported a sale of company common stock. The Form 4 shows a disposition of 923 shares on 08/14/2025 at a price of $28.625 per share. After the sale Mr. Kosasa is reported to beneficially own 72,712 shares indirectly, jointly with Lisa C. Kosasa. The filing was signed by an attorney-in-fact on 08/29/2025.

Positive

• Timely disclosure of the insider sale consistent with Section 16 requirements
• Post-transaction beneficial ownership is disclosed as 72,712 shares (indirect, joint), providing transparency

Negative

• None.

Insights

Financial Analyst

TL;DR: Routine insider sale disclosed; size appears small relative to typical insider holdings and shows compliance with reporting rules.

The Form 4 documents a single non-derivative sale of 923 shares at $28.625 on 08/14/2025. The reported post-transaction beneficial ownership is 72,712 shares held indirectly and jointly with Lisa C. Kosasa. There is no additional financial information or context in the filing such as reasons for the sale, option exercises, or related transactions. For investors, this is a standard disclosure of an insider disposition rather than a material corporate development.

Corporate Governance Expert

TL;DR: Filing reflects timely compliance with Section 16 disclosure; sale is documented as an indirect, joint holding.

The report identifies Mr. Kosasa as a director and indicates the ownership form is indirect, joint with Lisa C. Kosasa, which is important for understanding voting and control implications. The signature by an attorney-in-fact indicates use of a delegated filer. The form contains no flags of corrective amendment or unusual transaction codes beyond a straightforward sale.

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

OMB APPROVAL

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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^*

KOSASA PAUL

(Last) (First) (Middle)

220 S. KING STREET

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
08/14/2025

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	08/14/2025		S		923	D	$28.625	0	I	Jt w/ Lisa C Kosasa
Common Stock								72,712	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:

	/s/ Stacey Rocha, attorney-in-fact for Mr. Paul Kosasa	08/29/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did Paul Kosasa report on Form 4 for CPF?

The Form 4 reports a sale of 923 shares of Central Pacific Financial Corp at $28.625 per share on 08/14/2025.

How many CPF shares does Paul Kosasa own after the reported transaction?

The filing reports 72,712 shares beneficially owned following the transaction, held indirectly, jointly with Lisa C. Kosasa.

What is Paul Kosasa's relationship to Central Pacific Financial Corp (CPF)?

The Form 4 identifies Paul Kosasa as a Director of Central Pacific Financial Corp.

When was the Form 4 signed and who signed it?

The Form 4 was signed by Stacey Rocha, attorney-in-fact for Mr. Paul Kosasa on 08/29/2025.

Was the reported transaction an option exercise or a derivative transaction?

No. The filing shows a non-derivative transaction (common stock sale). Table II for derivatives contains no entries.