Coastal Financial director sells 48 shares via plan
Coastal Financial Corporation director and CCBX president Brian T. Hamilton reported a small sale of company stock.
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Rhea-AI Filing Summary
Coastal Financial Corporation director and CCBX president Brian T. Hamilton reported a small sale of company stock. On February 6, 2026, he sold 48 shares of common stock at $88.95 per share, leaving him with 77,332 shares held directly.
The filing notes the sale was executed under a Rule 10b5-1 trading plan previously adopted by Hamilton and represents shares sold to cover withholding taxes upon partial vesting of restricted stock units. Footnotes detail additional unvested RSUs and performance-based RSUs granted under the company’s 2018 omnibus incentive plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 48 | $88.95 | $4K |
Footnotes (3)
- F1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading 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) 15,698 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 CCB director Brian Hamilton report on this Form 4?
What equity awards in CCB does Brian Hamilton hold under the 2018 incentive plan?
What is a Rule 10b5-1 trading plan mentioned in the CCB Form 4?
What positions does Brian Hamilton hold at Coastal Financial Corporation (CCB)?
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