[144] COASTAL FINANCIAL CORP SEC Filing

Rhea-AI Filing Summary

Form 144 filed for ticker CCB discloses a proposed sale of 1,708 shares of common stock through Stifel Nicolaus & Company, with an aggregate market value of $186,350. The shares represent a small fraction of the reported 15,109,090 shares outstanding. The securities were acquired as restricted stock units on 05/28/2025 and paid in cash on the same date. The approximate date of sale is listed as 09/15/2025. The filing does not identify the specific issuer name or the individual for whose account the sale is to be made; that information is absent from the provided form content.

Positive

• Clear transaction details including broker, acquisition date, RSU nature, and planned sale date are disclosed
• Relatively small size (1,708 shares) representing approximately 0.011% of reported shares outstanding, implying limited market impact

Negative

• Issuer name and selling person's identity are not provided in the supplied content, reducing transparency
• Sale involves recently vested RSUs, which could be viewed as insider liquidity rather than long-term commitment

Insights

Securities Analyst

TL;DR: Small insider sale of recently vested RSUs; immaterial to capital structure but worth noting for insider activity tracking.

The filing documents an intent to sell 1,708 shares valued at $186,350 via a broker on 09/15/2025. The shares were granted and settled as restricted stock units on 05/28/2025. Relative to the reported 15,109,090 shares outstanding, the amount represents roughly 0.011% of outstanding shares, which is immaterial from a dilution or market-cap perspective. The lack of a named issuer and the unnamed selling person in the provided content limits attribution and context for evaluating motives or timing.

Corporate Governance Expert

TL;DR: Proper Rule 144 disclosure filed, but missing issuer/person details reduce transparency for investors.

The form shows compliance with Rule 144 mechanics: acquisition date, nature (RSUs), broker details, and intended sale date are provided. However, the provided extract omits the issuer's name and the identity/relationship of the seller, which are material for governance oversight and insider-transaction monitoring. That omission prevents a full assessment of potential conflicts or insider signaling.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	Stifel Nicolaus & Company Inc 501 N Broadway St. Louis MO 63102	1708	186350.00	15109090	09/15/2025	Nasdaq

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	05/28/2025	Restricted Stock Units	Issuer			1708	05/28/2025	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the CCB Form 144 disclose about the proposed sale?

The filing discloses a proposed sale of 1,708 shares valued at $186,350 through Stifel Nicolaus, with an approximate sale date of 09/15/2025.

When were the securities acquired according to the filing?

The securities were acquired as restricted stock units on 05/28/2025 and payment was recorded as cash on the same date.

How large is the proposed sale relative to shares outstanding?

The filing reports 15,109,090 shares outstanding; 1,708 shares represent roughly 0.011% of that total.

Does the filing name the issuer or the selling person?

No. The provided content does not include the issuer's name or identify the person for whose account the securities will be sold.

Which broker is handling the proposed sale?

The broker listed is Stifel Nicolaus & Company Inc located at 501 N Broadway, St. Louis, MO.