Coastal Financial (NASDAQ: CCB) director granted 1,193 restricted shares

Rhea-AI Filing Summary

Unger Pamela reported acquisition or exercise transactions in this Form 4 filing.

COASTAL FINANCIAL CORP director Pamela Unger received a grant of 1,193 shares of restricted common stock. The award was issued at no cash cost to her as a compensation-related grant.

The restricted stock was granted under the Coastal Financial Corporation 2018 Omnibus Incentive Plan and will vest one day prior to the company’s 2027 Annual Shareholder Meeting. Following this grant, Unger directly holds 6,255 shares of common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Unger Pamela

Role null

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

Holdings After Transaction: Common Stock — 6,255 shares (Direct, null)

Footnotes (1)

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Key Figures

Restricted stock granted: 1,193 shares Grant price per share: $0.00 per share Shares held after grant: 6,255 shares +2 more

5 metrics

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

Grant price per share $0.00 per share Equity compensation award, not open-market purchase

Shares held after grant 6,255 shares Director’s direct common stock holdings following transaction

Transaction code A (Grant, award, or other acquisition) Non-derivative acquisition of common stock

Vesting timing One day before 2027 Annual Meeting Restricted stock vesting condition from footnote

Key Terms

Restricted stock, 2018 Omnibus Incentive Plan, Annual Shareholder Meeting, Grant, award, or other acquisition

4 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 regulatory

"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.

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

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^*

Unger Pamela

(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	6,255	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 COASTAL FINANCIAL CORP (CCB) report for Pamela Unger?

COASTAL FINANCIAL CORP reported that director Pamela Unger received 1,193 shares of restricted common stock as a grant. The shares were awarded at no cash price as part of her equity compensation under the company’s 2018 Omnibus Incentive Plan.

At what price were Pamela Unger’s new CCB shares acquired?

The 1,193 shares granted to Pamela Unger were acquired at a reported price of $0.00 per share. This indicates a compensation-related equity award rather than an open-market purchase, consistent with grants under an omnibus incentive plan.

How many COASTAL FINANCIAL CORP shares does Pamela Unger hold after this grant?

After receiving the restricted stock award, Pamela Unger directly holds 6,255 shares of COASTAL FINANCIAL CORP common stock. This total reflects her updated direct ownership position following the grant reported in the Form 4 filing.

When will Pamela Unger’s newly granted CCB restricted stock vest?

The restricted stock granted to Pamela Unger will vest one day prior to COASTAL FINANCIAL CORP’s 2027 Annual Shareholder Meeting. Vesting ties the award to continued service through that date under the company’s 2018 Omnibus Incentive Plan.

What plan governs Pamela Unger’s restricted stock grant at COASTAL FINANCIAL CORP?

Pamela Unger’s restricted stock grant was issued under the Coastal Financial Corporation 2018 Omnibus Incentive Plan. This plan provides for equity-based compensation, including restricted stock awards that typically vest over time or upon specified corporate events.