Mesick Ralph 4

What Happened

• Ralph Mesick, Senior Executive Vice President & CRO of Central Pacific Financial Corp (CPF), received a vesting award of 4,528 restricted stock units (RSUs) on 2026-02-17 (transaction code A). To satisfy tax withholding on the vesting, 548 shares were withheld/disposed (transaction code F) at $34.38 per share, generating $18,840 in withholding value. Net shares delivered to Mesick: 3,980. Using the $34.38 price, the total vested value was about $155,673 and the net value after withholding was about $136,832.

Key Details

• Transaction dates: 2026-02-17 (vesting and tax withholding); Form 4 filed 2026-02-19 (timely).
• Award: 4,528 shares acquired (RSU vesting); Withheld for taxes: 548 shares @ $34.38 = $18,840.
• Net shares received: 3,980 (4,528 vested − 548 withheld).
• Footnotes: F1—Grant dated 2/18/2025; RSUs vest evenly over 3 years. F2—Shares were used to pay taxes on vested shares.
• Shares owned after the transaction are not shown in the provided excerpt of the filing.

Context

• This was not an open-market purchase or a sale for investment—it's a routine RSU vesting event with shares withheld to cover tax liability (a common, non-bullish administrative action). No 10b5-1 plan or late filing indication in the provided data.