Nobriga Robert 4
Research Summary
AI-generated summary
Central Pacific (CPF) Director Robert Nobriga Receives 2,303 Shares
What Happened
Robert Nobriga, a director of Central Pacific Financial Corp (CPF), was issued 2,303 shares on May 15, 2026 as an award/grant (transaction code A). The shares were granted at an indicated price of $33.65 per share, with a total value of about $77,496. This was a compensation issuance (board fees), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-05-15; filing date: 2026-05-18 (filed within required reporting window).
- Price per share: $33.65; shares acquired: 2,303; aggregate value ≈ $77,496.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnote: F1 — These shares represent 2026 board fees covering 5/1/26–4/30/27, issued in CPF stock; fees were approved by the Board Compensation Committee in Oct 2025.
- Transaction type: A = award/grant (compensation), not a purchase (P) or sale (S).
Context
Stock awards for directors are common compensation and do not necessarily signal the director buying or selling based on company outlook. This grant reflects routine board compensation for the 2026 period.
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