Coastal Financial insider sells 146 CCB shares
COASTAL FINANCIAL CORP director and CCBX president Brian T. Hamilton reported an open-market sale of 146 shares of common stock on March 3, 2026 at an average price of $72.37 per share.
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Rhea-AI Filing Summary
COASTAL FINANCIAL CORP director and CCBX president Brian T. Hamilton reported an open-market sale of 146 shares of common stock on March 3, 2026 at an average price of $72.37 per share. The sale was effected under a pre-arranged Rule 10b5-1 trading plan and represents shares sold to cover withholding taxes upon partial vesting of restricted stock units (RSUs).
Following this transaction, Hamilton directly owns 77,186 common shares. Footnotes describe additional RSU awards, including 14,536 time-based RSUs vesting monthly through April 30, 2028, 7,387 performance-based RSUs eligible to vest monthly starting October 1, 2024, 15,000 performance-based RSUs eligible to vest on April 30, 2028, and 502 RSUs vesting in three remaining installments, each RSU convertible into one share upon vesting.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 146 | $72.37 | $11K |
Footnotes (3)
- F1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 plan adopted by the reporting person.
- F2. Represents shares sold in payment of withholding taxes upon partial vesting of RSUs.
- F3. Includes the following pursuant to the 2018 Coastal Financial Corporation Omnibus Incentive Plan: (1) 14,536 restricted stock units (RSUs) with remaining shares vesting monthly in an approximately equal amount through April 30, 2028 (2) Includes 7,387 performance-based RSUs which are eligible to vest on the first day of each month beginning October 1, 2024 until April 30, 2028, the quantity of which is subject to continuous employment and achievement of certain stock price conditions (3) 15,000 performance-based RSUs - eligible to vest on April 30, 2028, subject to continuous employment and achievement of return on equity that is at least 80% of company comparator peer group. (4) 502 RSUs that vest in three approximately equal remaining installments. Each RSU represents the right to receive one share of common stock upon vesting.
FAQ
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What insider transaction did Coastal Financial (CCB) report for Brian T. Hamilton?
Was the CCB insider sale executed under a Rule 10b5-1 plan?
What restricted stock unit (RSU) awards linked to CCB does Brian T. Hamilton hold?
What role does Brian T. Hamilton hold at Coastal Financial (CCB)?
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