# EDGAR Filing Document

**Accession Number:** 0001610010
**File Stem:** 0000701347-26-000015
**Filing Date:** 2026-2
**Character Count:** 13629
**Document Hash:** c328b41275b9f798a4cb7b1f55c1d616
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000701347-26-000015.hdr.sgml**: 20260224

**ACCESSION NUMBER**: 0000701347-26-000015

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260217

**FILED AS OF DATE**: 20260224

**DATE AS OF CHANGE**: 20260224

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Martines Arnold D
- **CENTRAL INDEX KEY:** 0001610010

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-31567
- **FILM NUMBER:** 26673707

**MAIL ADDRESS:**
- **STREET 1:** 220 SOUTH KING ST
- **CITY:** HONOLULU
- **STATE:** HI
- **ZIP:** 96813
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** CENTRAL PACIFIC FINANCIAL CORP
- **CENTRAL INDEX KEY:** 0000701347
- **STANDARD INDUSTRIAL CLASSIFICATION:** STATE COMMERCIAL BANKS [6022]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 990212597
- **STATE OF INCORPORATION:** HI
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 220 S KING ST
- **CITY:** HONOLULU
- **STATE:** HI
- **ZIP:** 96813
- **BUSINESS PHONE:** 8085440500

**MAIL ADDRESS:**
- **STREET 1:** P O BOX 3590
- **CITY:** HONOLULU
- **STATE:** HI
- **ZIP:** 96811

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** CPB INC
- **DATE OF NAME CHANGE:** 19920703

## Ex-24

```

Central Pacific Financial Corp.
Power of Attorney

(To execute Forms 3, 4 and 5 of the United States Securities and Exchange
Commission for the purposes of reporting pursuant to and under Section 16(a)
of the Securities and Exchange Act of 1934 and related Rule 16a-3 and other
related Rules and Regulations of the United States Securities and Exchange
Commission.)

The undersigned hereby constitutes and appoints, effective as of the date of
the undersigned?s signature below, all Central Pacific Bank Human Resources
Division management and staff, as the undersigned?s true and lawful
attorneys-in-fact to do the following:

A. To execute for and on behalf of the undersigned, Forms 3, 4 and 5 of the
United States Securities and Exchange Commission for the purposes of
reporting pursuant to and under Section 16(a) of the Securities and Exchange
Act of 1934 and related Rule 16a-3 and other related Rules and Regulations of
the United State Securities and Exchange Commission.

B. To do and perform any and all acts for and on behalf of the undersigned
which may be necessary or desirable to complete the execution of any such
Form 3, 4 and 5 and the timely filing of any such Form with the United States
Securities and Exchange Commission and any other authority.

C. To take any other action of any type whatsoever in connection with the
foregoing which, in the opinion and/or judgment of such attorney-in-fact, may
be of benefit to, in the best interest of, or legally required by, the
undersigned, it being understood the documents executed by such attorney-in-
fact on behalf of the undersigned pursuant to this Power of Attorney shall be
in such form and shall contain such terms and conditions as such attorney-in-
fact may approve in his discretion.

D. To do and perform all and every act and thing whatsoever requisite,
necessary and proper to be done in the exercise of any of the rights and
powers herein granted, as fully to all intents and purposes as the
undersigned might or could do if personally present, hereby ratifying and
confirming all that such attorney-in-fact shall lawfully do or cause to be
done by virtue of this power of attorney and the rights and powers herein
granted.

Each attorney-in-fact hereunder shall have full power and authority under
this Power of Attorney, and all acts authorized to be taken by the attorneys-
in-fact hereunder may be taken by any one attorney-in-fact.

The undersigned acknowledges that Central Pacific Financial Corp. and the
attorneys-in-fact who are serving hereunder for the benefit of the
undersigned, are not assuming any of the undersigned?s responsibilities to
comply with Section 16 of the Securities Exchange Act of 1934 or any other
securities laws, rules or regulations that the undersigned is required to
comply with.

/s/Arnold D. Martines					Date:  05/16/14
Signature

Arnold D. Martines
Print Name

State of Hawaii
City & County of Honolulu

On this 16th day of May, 2014, before me personally appeared Arnold D.
Martines, to me known to be the person described in and who executed the
foregoing instrument and acknowledged that he executed the same as
his free act and deed.

Tyler Y. Takahata
Notary Public, State of Hawaii
Commission expires:  8/08/2016

```

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Martines Arnold D<br><sub>(Last) (First) (Middle)</sub><br>220 SOUTH KING ST<br><sub>(Street)</sub><br>HONOLULU, HI 96813<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2026-02-17 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [ ] 10% Owner<br>[X] Officer (give title below) [ ] Other (specify below)<br>_Chairman, President & CEO_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>CENTRAL PACIFIC FINANCIAL CORP [ CPF ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Common Stock<sup>(1)</sup> | 2026-02-17 |  | A |  | 13384 | A | $0 | 13384 | D |  |
| Common Stock<sup>(1)</sup> | 2026-02-17 |  | F<sup>(2)</sup> |  | 6324 | D | $34.38 | 7060 | D |  |
| Common Stock<sup>(3)</sup> |  |  |  |  |  |  |  | 982 | D |  |
| Common Stock<sup>(4)</sup> |  |  |  |  |  |  |  | 1113 | D |  |
| Common Stock<sup>(5)</sup> |  |  |  |  |  |  |  | 491 | D |  |
| Common Stock<sup>(6)</sup> |  |  |  |  |  |  |  | 1069 | D |  |
| Common Stock<sup>(7)</sup> |  |  |  |  |  |  |  | 1956 | D |  |
| Common Stock<sup>(8)</sup> |  |  |  |  |  |  |  | 1643 | D |  |
| Common Stock<sup>(9)</sup> |  |  |  |  |  |  |  | 1490 | D |  |
| Common Stock<sup>(10)</sup> |  |  |  |  |  |  |  | 8398 | D |  |
| Common Stock<sup>(11)</sup> |  |  |  |  |  |  |  | 696 | D |  |
| Common Stock<sup>(12)</sup> |  |  |  |  |  |  |  | 1260 | D |  |
| Common Stock<sup>(13)</sup> |  |  |  |  |  |  |  | 2950 | D |  |
| Common Stock<sup>(14)</sup> |  |  |  |  |  |  |  | 2405 | D |  |
| Common Stock<sup>(15)</sup> |  |  |  |  |  |  |  | 738 | I | Spouse |
| Common Stock<sup>(16)</sup> |  |  |  |  |  |  |  | 281 | I | Spouse |
| Common Stock<sup>(17)</sup> |  |  |  |  |  |  |  | 370 | D |  |
| Common Stock<sup>(18)</sup> |  |  |  |  |  |  |  | 3813 | D |  |
| Common Stock<sup>(19)</sup> |  |  |  |  |  |  |  | 170 | D |  |
| Common Stock<sup>(20)</sup> |  |  |  |  |  |  |  | 197 | D |  |
| Common Stock<sup>(21)</sup> |  |  |  |  |  |  |  | 1101 | D |  |
| Common Stock<sup>(22)</sup> |  |  |  |  |  |  |  | 579 | I | Spouse |
| Common Stock<sup>(23)</sup> |  |  |  |  |  |  |  | 592 | I | Spouse |
| Common Stock<sup>(24)</sup> |  |  |  |  |  |  |  | 14702 | D |  |
| Common Stock<sup>(25)</sup> |  |  |  |  |  |  |  | 409 | D |  |
| Common Stock<sup>(26)</sup> |  |  |  |  |  |  |  | 11635 | D |  |
| Common Stock<sup>(27)</sup> |  |  |  |  |  |  |  | 10996 | D |  |
| Common Stock |  |  |  |  |  |  |  | 10437 | D |  |
| Common Stock |  |  |  |  |  |  |  | 3859 | I | Spouse |
| Common Stock |  |  |  |  |  |  |  | 1335 | D |  |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

---

### Footnotes:

(1) 2/15/23 PSU Grant that cliff vests on 2/15/26 (next business day if 2/15 falls on weekend/holiday) based on performance results/approval. The Board Compensation Committee reviewed and certified final performance results on 2/23/26.  Amount reported is the actual number of shares that vested and were issued.

(2) Shares used for taxes on vested shares

(3) 2/15/17 PSU Grant that cliff vests on 2/18/20 based on 2019 year-end performance results. Amount reported is actual number of shares that vested and were issued on 2/18/20.

(4) 2/15/18 PSU Grant that cliff vests on 2/16/21 based on 2020 year-end performance results/approval.  Amount reported is actual number of shares that vested and were issued on 2/16/21.

(5) 2/15/19 PSU Grant that cliff vests on 2/15/22 based on 2021 year-end performance results/approval. Amount reported is actual number of shares that vested and were issued on 2/15/22.

(6) 2/15/22 PSU Grant that cliff vests on 2/15/25 based on 2024 year-end performance results/approval. Amount reported is actual number of shares that vested and were issued on 2/18/25.

(7) 2/15/22 PSU Grant that cliff vests on 2/15/25 based on 2024 year-end performance results/approval. Amount reported is actual number of shares that vested and were issued on 2/18/25.

(8) 2/16/21 PSU Grant that cliff vests on 2/15/24 based on 2023 year-end performance results/approval. Amount reported is actual number of shares that vested and were issued on 2/15/24.

(9) 2/16/21 PSU Grant that cliff vests on 2/16/24 based on 2023 year-end performance results/approval. Amount reported is actual number of shares that vested and were issued on 2/16/24.

(10) 2/15/23 RSU Time-Based Grant. Shares vest evenly over 3 years

(11) 2/15/19 RSU Time-Based Grant. Shares vest evenly over 3 years

(12) 2/18/20 RSU Time-Based Grant. Shares vest evenly over 3 years

(13) 5/15/19 RSU Time-Based Grant. Shares vest evenly over 5 years

(14) 5/15/20 RSU Time-Based Grant.  Shares vest evenly over 3 years.

(15) 5/2/18 RSU time based grant. Shares vest evenly over 3 years

(16) 6/1/20 RSU Time-Based Grant. Shares vest evenly over 3 years.

(17) 2/15/18 RSU time-based grant. Shares vest evenly over 3 years.

(18) 2/15/22 RSU Time-Based Grant. Shares vest evenly over 3 years

(19) 2/15/17 RSU Time-Based Grant. Shares vest evenly over 3 years

(20) 2/16/16 RSU Time-Based Grant. Shares vest equally over 3 years.

(21) RSU time-based grant. Shares vest evenly over 3 years

(22) RSU grant; 3-year time-based vesting, in which 1/3 will vest each year.

(23) 5/2/17 RSU Time-Based Grant. Shares vest evenly over 3 years

(24) 2/15/24 RSU Grant. Shares vest evenly over 3 years.

(25) RSUs time-based; granted 2/17/15

(26) 2/17/26 RSU Grant. Shares vest evenly over 3 years.

(27) 2/18/25 RSU Grant. Shares vest evenly over 3 years.

**Signature:** /s/ Stacey Rocha, attorney-in-fact for Arnold D. Martines  
**Date:** 2026-02-24

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**