Director at Coastal Financial (CCB) awarded 1,193 restricted shares

Rhea-AI Filing Summary

Tisdel Gregory A reported acquisition or exercise transactions in this Form 4 filing.

COASTAL FINANCIAL CORP director Gregory A. Tisdel received a grant of 1,193 shares of restricted common stock. The award was granted at no cash cost per share and increased his direct holdings to 16,174 shares of Coastal Financial common stock.

The restricted stock was granted under the Coastal Financial Corporation 2018 Omnibus Incentive Plan and will vest one day prior to the issuer's 2027 Annual Shareholder Meeting. This is a compensation-related equity award rather than an open-market purchase.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Tisdel Gregory A

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,193	$0.00	--

Holdings After Transaction: Common Stock — 16,174 shares (Direct, null)

Footnotes (1)

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Key Figures

Restricted stock grant: 1,193 shares Holdings after grant: 16,174 shares Grant price per share: $0.0000 per share +1 more

4 metrics

Restricted stock grant 1,193 shares Common Stock award to director on 2026-05-26

Holdings after grant 16,174 shares Director’s direct common stock ownership post-transaction

Grant price per share $0.0000 per share Reported transaction price for restricted stock award

Vesting timing One day before 2027 Annual Meeting Vesting date for 1,193 restricted shares

Key Terms

Restricted stock, 2018 Omnibus Incentive Plan, Annual Shareholder Meeting

3 terms

Restricted stock financial

"Restricted stock granted pursuant to the Coastal Financial Corporation 2018 Omnibus Incentive Plan"

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

2018 Omnibus Incentive Plan financial

"Restricted stock granted pursuant to the Coastal Financial Corporation 2018 Omnibus Incentive Plan"

Annual Shareholder Meeting financial

"which vests one day prior to the issuer's 2027 Annual Shareholder Meeting"

A yearly gathering where a company’s owners (shareholders) and its leaders meet to review performance, approve key decisions like electing directors, and vote on issues such as executive pay or major policy changes. Think of it as an annual town hall for people who own part of the business: investors use it to ask questions, influence direction through votes, and gauge management’s plans and transparency, all of which can affect the stock’s outlook.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Tisdel Gregory A

(Last) (First) (Middle)

C/O 5415 EVERGREEN WAY

(Street)

EVERETT WASHINGTON 98203

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
COASTAL FINANCIAL CORP [ CCB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/26/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/26/2026		A		1,193(1)	A	$0	16,174	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Restricted stock granted pursuant to the Coastal Financial Corporation 2018 Omnibus Incentive Plan which vests one day prior to the issuer's 2027 Annual Shareholder Meeting.

Remarks:

	/s/ Melisa Nelson, as Attorney-in-fact	05/28/2026
	** Signature of Reporting Person	Date
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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did CCB director Gregory Tisdel report?

Director Gregory A. Tisdel reported receiving 1,193 shares of restricted Coastal Financial common stock as an equity award. The grant was at no cash cost per share and represents compensation, not an open-market purchase, increasing his direct stake in the company.

How many CCB shares does Gregory Tisdel hold after this grant?

After the restricted stock grant, Gregory A. Tisdel directly holds 16,174 shares of Coastal Financial common stock. This total includes the newly awarded 1,193 restricted shares, which are subject to vesting conditions tied to the company’s 2027 Annual Shareholder Meeting.

What are the vesting terms of Gregory Tisdel’s 1,193 restricted CCB shares?

The 1,193 restricted Coastal Financial shares granted to Gregory A. Tisdel vest one day prior to the issuer's 2027 Annual Shareholder Meeting. Until vesting, the award remains restricted stock granted under the company’s 2018 Omnibus Incentive Plan.

Was Gregory Tisdel’s recent CCB stock award an open-market purchase?

No, the 1,193-share transaction was a grant of restricted stock, not an open-market purchase. It was awarded at a reported price of $0.0000 per share as part of equity compensation under the Coastal Financial Corporation 2018 Omnibus Incentive Plan.

Under which plan was the new restricted CCB stock granted to Gregory Tisdel?

The restricted stock awarded to Gregory A. Tisdel was granted under the Coastal Financial Corporation 2018 Omnibus Incentive Plan. This plan provides for equity-based compensation, including restricted stock, to directors and other eligible participants of the company.