Central Pacific Financial Insider Logs Routine 2.8K-Share Sale
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.
Positive
- None.
Negative
- None.
Insights
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,765 | $28.00 | $77K |
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Footnotes (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. 2/15/19 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. 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. 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. 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. 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. 2/15/19 RSU Time-Based Grant. Shares vest evenly over 3 years 2/15/19-2 RSU Time Based grant. Shares vest evenly over 3 years 2/18/20 RSU Time-Based Grant. Shares vest evenly over 3 years 2/15/22 RSU Time-Based Grant. Shares vest evenly over 3 years 2/16/21 RSU Time-Based Grant. Shares vest evenly over 2 years. RSU time-based grant. Shares vest evenly over 3 years
