Paloma Diane S.L. 4

What Happened Paloma Diane S.L., a director of Central Pacific Financial Corp (CPF), was issued 2,080 shares as an award/other acquisition on 2026-05-15. The shares were valued at $33.65 each for a total of $69,992. This transaction was a stock award (transaction code "A") representing board compensation, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-15; Filing date: 2026-05-18 (no late-filing flag noted in the filing provided).
• Shares acquired: 2,080 at $33.65 per share; total value reported $69,992.
• Shares owned after transaction: Not reported in the provided Form 4.
• Footnote: The shares represent 2026 board fees (covering 5/1/26–4/30/27) issued in CPF stock; these board fees were approved by the Board Compensation Committee in October 2025.
• Transaction type: Award/grant (A) — compensation issuance rather than a purchase or sale.

Context Stock awards for board fees are common and reflect compensation policy rather than a direct personal buy/sell decision; they don’t necessarily signal the director’s view of the stock. Purchases (personal cash buys) are generally more informative about insider sentiment than compensation awards.