Coastal Financial Corp (CCB) reported an insider transaction by a director and officer (President of CCBX). On 10/31/2025, the filer executed a Code F transaction in Common Stock, totaling 229 shares at $106.5. Following the transaction, the filer beneficially owns 84,244 shares, held directly.
Footnote details show equity awards under the 2018 plan: 17,442 RSUs vesting monthly through April 30, 2028; 23,226 performance-based RSUs eligible to vest monthly from October 1, 2024 to April 30, 2028 subject to employment and stock price conditions; 15,000 performance-based RSUs eligible to vest on April 30, 2028 subject to a return-on-equity threshold; and 669 RSUs vesting in four remaining installments. Each RSU represents one share upon vesting.
Coastal Financial Corporation (CCB) filed an 8-K announcing that it has made available investor presentation slides for upcoming investor meetings. The materials are posted on the company’s website and are furnished as Exhibit 99.1 under Item 7.01 (Regulation FD). The company states the materials are furnished, not filed, which means they are not subject to Section 18 liability of the Exchange Act and are not incorporated by reference into other filings unless expressly stated.
Coastal Financial’s common stock trades on the Nasdaq under the symbol CCB. The investor presentation is intended to support outreach to investors and provide the latest corporate information through a standardized slide deck.
Coastal Financial Corporation furnished a press release announcing its results of operations and financial condition for the fiscal quarter ended September 30, 2025. The press release is included as Exhibit 99.1 to a Current Report on Form 8‑K.
The information under Item 2.02, including Exhibit 99.1, is furnished pursuant to General Instruction B.2 and is not deemed filed under Section 18 of the Exchange Act, nor incorporated by reference except as expressly stated in future filings.
Coastal Financial Corporation filed a Form S-8 to register 600,000 shares of common stock for issuance under its 2018 Omnibus Incentive Plan, as amended.
The board approved a Second Amendment on March 25, 2025, and shareholders approved it on May 28, 2025, increasing plan authorization from 1,100,000 to 1,700,000 shares. Of the total plan authorization, 500,000 shares were previously registered in 2018 and 600,000 in 2021. This filing covers the remaining shares under the amended plan.
Coastal Financial Corporation reported that its Executive Vice President and Chief Risk Officer, Andrew Stines, has resigned, effective October 1, 2025, to pursue other professional opportunities. The company stated that his resignation is not due to any disagreement with Coastal or its board of directors.
In connection with his departure, Mr. Stines will receive a lump-sum payment of $70,000. In addition, his 1,500 Restricted Stock Awards and 5,647 Restricted Stock Units that were previously unvested will be accelerated and treated as vested, providing him with the full equity benefit immediately upon leaving.
Coastal Financial Corp (CCB) director and president Brian T. Hamilton reported a small open-market sale on 09/30/2025. He disposed of 228 shares of common stock at a reported price of $108.17, leaving him with 84,473 shares beneficially owned on a direct basis. The filing also details outstanding restricted stock units under the 2018 Omnibus Incentive Plan: 18,024 RSUs vesting monthly through April 30, 2028; 23,226 performance-based RSUs eligible to vest monthly beginning October 1, 2024 subject to stock-price conditions; 15,000 performance-based RSUs eligible to vest April 30, 2028 subject to return-on-equity targets; and 669 RSUs vesting in four remaining installments.
Coastal Financial Corporation appointed Brandon Soto as Executive Vice President and Chief Financial Officer, effective October 1, 2025, succeeding Joel G. Edwards in that role. The company detailed his employment terms, equity awards and incentive opportunities.
Soto will receive a $500,000 annual base salary, a $15,000 signing bonus, 18,000 restricted stock units and 15,000 performance-based restricted stock units. Time-based RSUs vest over four years. The performance-based units vest based on stock price targets equal to 133%, 166% and 200% of the grant-date stock price, measured over 60 continuous trading days, alongside service-based conditions. He will also be eligible for annual cash incentives and additional equity awards under the 2018 Omnibus Incentive Plan. The company stated there are no arrangements, family relationships or related-party transactions connected to his appointment.
Eric M. Sprink, CEO and director of Coastal Financial Corp (CCB), reported the sale of 10,683 shares of common stock on 09/18/2025 at a reported price of $114.65 per share under a Rule 10b5-1 trading plan dated June 5, 2025. After the transaction he directly beneficially owns 211,011 shares. The filing also discloses indirect holdings of 400 shares each for three custodial accounts, 885 shares held by spouse, 38,508 time-based RSUs with staggered vesting, and 100,000 performance-based RSUs that vest on October 4, 2027, subject to performance goals. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person on 09/19/2025.
Joel G. Edwards, Chief Financial Officer of Coastal Financial Corporation (CCB), reported an insider sale and remaining holdings on Form 4. The filing shows Mr. Edwards sold 9,425 shares of Common Stock on 09/18/2025 at $114.67 per share under a Rule 10b5-1 trading plan dated June 12, 2025. After the sale, he beneficially owned 12,762 shares. The filing also discloses he holds 8,721 time-based restricted stock units (RSUs) that convert to one share each when vested; those RSUs vest in tranches on January 25, 2026 (3,065 RSUs), February 5, 2026 (1,424 RSUs), and April 1, 2026 (4,232 RSUs). The sale was executed pursuant to the pre-established plan and signed by an attorney-in-fact.
Form 4 filing for Coastal Financial Corporation (CCB) reports insider sales by Joel G. Edwards, the company's Chief Financial Officer. The filing discloses three open-market sales executed 09/15/2025–09/17/2025 under a Rule 10b5-1 trading plan dated June 12, 2025: 5,000 shares sold at $108.91, 4,000 shares sold at $107.90, and 5,000 shares sold at $110.05. Share counts after each sale are reported as 31,187, 27,187, and 22,187 respectively. The filing also states the reporting person holds 8,721 time-based restricted stock units (RSUs) under the 2018 Omnibus Incentive Plan that vest per a retirement and retention agreement: 3,065 RSUs on January 25, 2026; 1,424 RSUs on February 5, 2026; and 4,232 RSUs on April 1, 2026. The Form 4 is signed by an attorney-in-fact on behalf of Mr. Edwards on 09/17/2025.