Form 4: Director Jason Fujimoto Acquires CPF Shares
Statement of Changes in Beneficial Ownership
Central Pacific Financial Corp director Jason Fujimoto acquired 1,857 shares of common stock as part of his 2026 board compensation.
Summary
- Director Jason Fujimoto acquired 1,857 shares of Central Pacific Financial Corp (CPF) common stock.
- The transaction occurred on May 15, 2026, at a price of $33.65 per share.
- The acquisition represents the issuance of 2026 Board of Directors fees covering the period from May 1, 2026, to April 30, 2027.
- Following this transaction, Mr. Fujimoto's total beneficial ownership in the company is 12,192 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding director compensation that does not signal a change in company strategy or financial health.
Positives
- The director's acquisition of shares as compensation aligns his interests with those of the shareholders.
- The transaction reflects a commitment to the company through equity-based compensation.
Negatives
- None identified; this is a routine disclosure of director compensation.
Risks
- None identified; this is a standard regulatory filing regarding director equity holdings.
Future Outlook
The filing does not provide forward-looking financial guidance, as it is a routine disclosure of director compensation.
Management Comments
- The 2026 Board fees were approved by the Board Compensation Committee in October 2025.
Industry Context
StockSavvy.ai notes that equity-based compensation for board members is a standard practice in the banking sector to ensure alignment between leadership and shareholder interests.
Comparison to Industry Standards
- The issuance of board fees in company stock is consistent with standard corporate governance practices for publicly traded financial institutions.
Stakeholder Impact
- Shareholders may view the director's increased equity stake as a positive sign of confidence in the company's long-term prospects.
Next Steps
- No further actions required by the reporting person beyond ongoing compliance with Section 16 reporting requirements.
Key Dates
| Date | Description |
|---|---|
| 12/21/2022 | Date of Power of Attorney execution. |
| 05/15/2026 | Date of the reported stock acquisition transaction. |
| 05/18/2026 | Date of filing signature. |
Keywords
Central Pacific Financial Corp, CPF, Director Compensation, Insider Trading, SEC Form 4, Equity Ownership
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