[Form 4] Central Pacific Financial Corporation Insider Trading Activity

Rhea-AI Filing Summary

Central Pacific Financial Corp. (CPF) director Paul K. Yonamine reported a single insider transaction on 1 July 2025 under a pre-arranged Rule 10b5-1 trading plan. He sold 2,765 common shares at $28.00 each, generating roughly $77.4 thousand in proceeds. After the sale, Yonamine’s direct holdings stand at 16,946 shares; he also retains multiple blocks of deferred, performance-based and time-based restricted stock (RSUs/PSUs) held both directly and through the CPF Directors Deferred Compensation Plan. No derivative securities were involved, and there were no purchases disclosed. The filing indicates that the timing was nondiscretionary because it followed the previously adopted 10b5-1 plan. Given the modest size of the transaction relative to typical daily trading volume and Yonamine’s continued sizable ownership, the Form 4 appears routine and is unlikely to be market-moving.

Insights

Financial Analyst

TL;DR: Small, pre-planned insider sale; neutral market impact.

The director’s disposal of 2,765 shares—about $77 k—represents a minor portion of his aggregate ownership and was executed under a 10b5-1 plan, limiting discretionary intent. Such trades are routinely scheduled for diversification or liquidity and do not necessarily signal a change in insider sentiment. With no accompanying corporate developments, the transaction is best viewed as housekeeping rather than a directional indicator.

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

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

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^*

Yonamine Paul K

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2025

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	07/01/2025		S(1)		2,765	D	$28	16,946	D
Common Stock								1,400	D
Common Stock								3,000	I	CPF Directors Deferred Comp Plan
Common Stock								8,627	D
Common Stock(2)								2,400	D
Common Stock(3)								5,270	D
Common Stock(4)								4,108	D
Common Stock(5)								7,514	D
Common Stock(6)								6,256	D
Common Stock(7)								3,421	D
Common Stock(8)								7,363	D
Common Stock(9)								3,520	D
Common Stock(10)								9,213	D
Common Stock(11)								24,411	D
Common Stock(12)								1,125	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. This transaction was effected pursuant to a Rule 10b5-1 Plan entered into by the reporting person on March 5, 2025. Accordingly, the reporting person had no discretion with regard to the timing of the transaction.

2. 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.

3. 2/15/19 PSU NH 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.

4. 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.

5. 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.

6. 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.

7. 2/15/19 RSU Time-Based Grant. Shares vest evenly over 3 years

8. 2/15/19-2 RSU Time Based grant. Shares vest evenly over 3 years

9. 2/18/20 RSU Time-Based Grant. Shares vest evenly over 3 years

10. 2/15/22 RSU Time-Based Grant. Shares vest evenly over 3 years

11. 2/16/21 RSU Time-Based Grant. Shares vest evenly over 2 years.

12. RSU time-based grant. Shares vest evenly over 3 years

	/s/ Stacey Rocha, attorney-in-fact for Mr. Yonamine	07/01/2025
	** 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.
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FAQ

How many CPF shares did Director Paul K. Yonamine sell on July 1 2025?

He sold 2,765 common shares at $28.00 each.

Was the sale conducted under a Rule 10b5-1 plan?

Yes. The filing states the transaction was executed pursuant to a 10b5-1 plan adopted on March 5 2025.

What is Yonamine’s direct CPF share ownership after the sale?

He directly owns 16,946 CPF shares following the reported transaction.

Did the Form 4 disclose any derivative security activity?

No. No derivative securities were acquired or disposed of in this filing.

Does this insider sale materially affect CPF’s investment outlook?

Given the small size and pre-planned nature, the sale is generally viewed as neutral to the investment thesis.