Form 4: CFO Matsumoto Reports RSU Grant, Tax-Related Dispositions

Sentiment:

Insider Transaction Report 19 February 2026 4:25 PM

📋All filings for Central Pacific Financial CORP

Central Pacific Financial Corp. CFO Dayna N. Matsumoto reported an RSU grant and subsequent tax-related share dispositions.

Summary

Dayna N. Matsumoto, EVP, CFO of Central Pacific Financial Corp. (CPF), reported transactions on February 17, 2026.
Acquired 2,974 shares of Common Stock through a new Restricted Stock Unit (RSU) grant, which will vest evenly over 3 years.
Disposed of a total of 603 shares of Common Stock at a price of $34.38 per share to cover tax obligations on vested shares from previous RSU grants dated February 15, 2023, February 15, 2024, and February 18, 2025.
Following these reported transactions, total direct beneficial ownership of Common Stock stands at 12,211.417 shares.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive event, reflecting routine executive compensation and tax management, with the RSU grant being a positive for aligning executive interests.

Positives

Receipt of 2,974 shares through a new Restricted Stock Unit (RSU) grant, indicating continued equity-based compensation and alignment of interests with shareholders.

Negatives

Disposition of 603 shares to cover tax liabilities, which reduces direct share ownership.

Future Outlook

Industry Context

StockSavvy.ai notes that insider transaction filings like Form 4 are routine disclosures for executives and do not inherently reflect broader industry trends, but rather individual compensation and tax management strategies within the financial sector.

Corporate Governance

Change Type	Description	Effective Date	Impact Assessment
Power of Attorney Appointment	Dayna N. Matsumoto appointed Stacey L. Rocha as her attorney-in-fact to prepare and file Section 16(a) forms (Forms 3, 4, and 5) with the SEC.	02/24/2025	Streamlines the process for executive compliance with SEC reporting requirements for insider transactions.

Stakeholder Impact

Shareholders: The RSU grant aligns the executive's interests with shareholders through equity ownership. Tax-related dispositions are routine and have minimal direct impact on the broader market.
Employees: Reflects standard executive compensation practices, which can influence overall compensation philosophy.

Next Steps

Shares from the February 17, 2026 RSU grant will vest evenly over 3 years.
Outstanding shares from the February 15, 2023 RSU grant will vest in 1 remaining tranche.
Outstanding shares from the February 15, 2024 RSU grant will vest in 2 remaining tranches.

Key Dates

Date	Description
02/15/2023	Date of a previous RSU Grant, with shares vesting evenly over 3 years and one tranche remaining.
02/15/2024	Date of a previous RSU Grant, with shares vesting evenly over 3 years and two tranches remaining.
02/24/2025	Date Power of Attorney was executed by Dayna Matsumoto, appointing Stacey L. Rocha.
02/18/2025	Date of a previous RSU Grant, with shares vesting evenly over 3 years.
02/17/2026	Date of the reported RSU grant and tax-related share dispositions.
02/19/2026	Date the Form 4 was signed by Stacey Rocha, attorney-in-fact.

Recommendation

hold

This Form 4 filing details routine executive compensation and tax-related share dispositions. It does not contain information that would fundamentally alter the investment thesis for Central Pacific Financial Corp. The RSU grant is a standard component of executive compensation, aligning interests, while the tax-related sales are expected. Therefore, a 'hold' recommendation is appropriate as this filing provides no new material information to warrant a change in investment stance.

Keywords

Central Pacific Financial Corp, CPF, Dayna N. Matsumoto, EVP, CFO, Form 4, Insider Trading, Restricted Stock Units, RSU Grant, Share Disposition, Tax Withholding, Beneficial Ownership

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.