Director at COASTAL FINANCIAL CORP (NASDAQ: CCB) granted 1,369 restricted shares

Rhea-AI Filing Summary

Akella-Mishra Sadhana reported acquisition or exercise transactions in this Form 4 filing.

COASTAL FINANCIAL CORP director Sadhana Akella-Mishra received a grant of 1,369 shares of restricted common stock at a price of $0.0000 per share. The award was made under the Coastal Financial Corporation 2018 Omnibus Incentive Plan and will vest one day prior to the issuer's 2027 Annual Shareholder Meeting. Following this compensation-related grant, Akella-Mishra directly holds a total of 8,096 common shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Akella-Mishra Sadhana

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,369	$0.00	--

Holdings After Transaction: Common Stock — 8,096 shares (Direct, null)

Footnotes (1)

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Key Figures

Restricted stock grant: 1,369 shares Grant price per share: $0.0000 per share Total holdings after grant: 8,096 shares

3 metrics

Restricted stock grant 1,369 shares Common Stock granted on 2026-05-26

Grant price per share $0.0000 per share Restricted stock award under 2018 Omnibus Incentive Plan

Total holdings after grant 8,096 shares Common Stock directly owned following the transaction

Key Terms

Restricted stock, 2018 Omnibus Incentive Plan, Annual Shareholder Meeting, Form 4

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

"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 regulatory

"INSIDER FILING DATA (Form 4)"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

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^*

Akella-Mishra Sadhana

(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		1,369(1)	A	$0	8,096	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 disclose for Sadhana Akella-Mishra?

COASTAL FINANCIAL CORP disclosed that director Sadhana Akella-Mishra received 1,369 shares of restricted common stock as a grant. The award was part of equity compensation, not an open-market purchase, and increased her direct holdings to 8,096 shares.

Was the CCB insider stock grant to Sadhana Akella-Mishra an open-market purchase?

No, the CCB transaction was a grant of 1,369 restricted shares at $0.0000 per share. It was issued under the 2018 Omnibus Incentive Plan as compensation, rather than a purchase on the open market by the director.

How many COASTAL FINANCIAL CORP shares does Sadhana Akella-Mishra now hold?

After the restricted stock grant, Sadhana Akella-Mishra directly holds 8,096 shares of COASTAL FINANCIAL CORP common stock. This total reflects her position following the 1,369-share award reported in the Form 4 insider filing.

When do the newly granted CCB restricted shares vest for Sadhana Akella-Mishra?

The 1,369 restricted CCB shares granted to Sadhana Akella-Mishra vest one day prior to the issuer's 2027 Annual Shareholder Meeting. Until vesting, the shares are subject to restrictions tied to that future corporate event.

Under what plan were the CCB restricted shares granted to Sadhana Akella-Mishra?

The restricted shares were granted under the Coastal Financial Corporation 2018 Omnibus Incentive Plan. This plan provides equity-based awards such as restricted stock to directors and employees as part of their overall compensation structure.