Form 4: Central Pacific Financial Corp Director Yonamine Reports Stock Acquisition and Holdings
SEC Form 4 Filing
Director Paul K. Yonamine reports acquisition of Central Pacific Financial Corp stock and discloses beneficial ownership.
Summary
- On April 29, 2025, Paul K. Yonamine, a director of Central Pacific Financial Corp, reported acquiring 826 shares of common stock at $25.97 per share.
- The transaction was reported on a Form 4 filing with the SEC.
- Following the reported transaction, Yonamine directly owns 20,212 shares of common stock.
- Yonamine also indirectly owns 3,000 shares through the CPF Directors Deferred Comp Plan.
- The filing also details holdings related to PSU and RSU grants vesting over various periods.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine disclosure of stock transactions by a company director. The acquisition of shares could be seen as a slightly positive sign, but it's not a major event.
Positives
- The director's acquisition of shares could be interpreted as a positive signal, indicating confidence in the company's future performance.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency regarding the transactions of company insiders. These filings are closely watched by investors to gauge sentiment and potential future performance.
Comparison to Industry Standards
- Comparing the vesting schedules and equity grants to similar financial institutions would provide context on whether these are standard practices.
- Analyzing the director's holdings relative to other directors in comparable companies could offer insights into their level of investment in the company.
Stakeholder Impact
- The stock acquisition by a director could have a minor positive impact on shareholder confidence.
Key Dates
| Date | Description |
|---|---|
| 06/27/2017 | Date of Power of Attorney execution by Paul Yonamine. |
| 02/15/2019 | Date of PSU and RSU grants that vest over various periods. |
| 02/18/2020 | Date of RSU Time-Based Grant that vests evenly over 3 years. |
| 02/16/2021 | Date of PSU and RSU grants that vest over various periods. |
| 02/15/2022 | Date of PSU and RSU grants that vest over various periods. |
| 04/29/2025 | Date of the reported stock acquisition by Paul K. Yonamine. |
| 04/30/2025 | Date of the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Director, Stock Acquisition, Central Pacific Financial Corp, CPF, Yonamine, PSU, RSU
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