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CoastalSouth investor plans $54.9K stock sale

CoastalSouth Bancshares, Inc. (COSO) is the issuer of common stock that Ernst W. Bruderer plans to sell under Rule 144.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

CoastalSouth Bancshares, Inc. (COSO) is the issuer of common stock that Ernst W. Bruderer plans to sell under Rule 144. A broker, Raymond James & Associates, is listed for the sale of 2,000 common shares, with an aggregate market value of $54,856.46 and 11,954,446 shares outstanding, with an approximate sale date of August 31, 2026 on the NYSE.

The Form 144 notes that these 2,000 shares were originally purchased from the issuer on January 26, 2024 for cash. It also lists prior sales by Ernst Bruderer over the past three months, including multiple transactions in August 2026 involving blocks of 300 to 1,700 shares of CoastalSouth Bancshares common stock.

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Shares to be sold under Rule 144 2,000 shares of common stock Planned sale through Raymond James & Associates
Aggregate market value of shares to be sold $54,856.46 Value of 2,000 CoastalSouth Bancshares common shares in planned Rule 144 sale
Shares outstanding 11,954,446 shares Common shares outstanding for CoastalSouth Bancshares, Inc.
Approximate date of sale August 31, 2026 Planned date for Rule 144 sale of 2,000 shares
Prior sale on August 10, 2026 1,000 shares for $27,564.00 Sale of CoastalSouth Bancshares common stock by Ernst Bruderer
Prior sale on August 18, 2026 1,000 shares for $27,889.00 Sale of CoastalSouth Bancshares common stock by Ernst Bruderer
Prior sales on August 26, 2026 300 shares for $8,250.00 and 1,700 shares for $46,752.00 Multiple sales of CoastalSouth Bancshares common stock by Ernst Bruderer
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
aggregate market value financial
"Common | Raymond James and Associates ... | 2000 | 54856.46 |"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
attorney-in-fact regulatory
"as attorney-in-fact for Ernst W Bruderer"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.

FAQ

What does CoastalSouth Bancshares (COSO) disclose in this Form 144?

The notice states that Ernst W. Bruderer intends to sell 2,000 shares of CoastalSouth Bancshares common stock through Raymond James & Associates under Rule 144, with an aggregate market value of $54,856.46 and an approximate sale date of August 31, 2026.

How many CoastalSouth Bancshares (COSO) shares are covered by this planned Rule 144 sale?

The planned Rule 144 transaction covers 2,000 shares of CoastalSouth Bancshares, Inc. common stock. These shares were previously acquired by Ernst W. Bruderer on January 26, 2024 from the issuer for cash.

What is the aggregate market value of the COSO shares to be sold under Rule 144?

The filing states an aggregate market value of $54,856.46 for the 2,000 CoastalSouth Bancshares common shares that are planned to be sold through Raymond James & Associates under Rule 144.

How many CoastalSouth Bancshares (COSO) shares are outstanding according to this filing?

The Form 144 lists 11,954,446 shares of CoastalSouth Bancshares, Inc. common stock as outstanding in the same section that describes the 2,000 shares to be sold under Rule 144.

What prior COSO stock sales by Ernst Bruderer are disclosed in the last three months?

Disclosed prior sales include 1,000 shares on August 10, 2026 for $27,564.00, 1,000 shares on August 18, 2026 for $27,889.00, 300 shares on August 26, 2026 for $8,250.00, and 1,700 shares on August 26, 2026 for $46,752.00.

Who is executing the planned sale of COSO shares and under what authority?

The filing identifies Raymond James & Associates, Inc. as the broker. It is signed by Rashida Mitchell as a duly authorized representative of Raymond James & Associates, Inc., acting as attorney-in-fact for Ernst W. Bruderer.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature