CoastalSouth officer plans $55K stock sale
CoastalSouth Bancshares, Inc. (COSO) received a Rule 144 notice that officer Ernst W. Bruderer plans to sell up to 2,000 shares of common stock through Raymond James & Associates on the NYSE.
Rhea-AI Filing Summary
CoastalSouth Bancshares, Inc. (COSO) received a Rule 144 notice that officer Ernst W. Bruderer plans to sell up to 2,000 shares of common stock through Raymond James & Associates on the NYSE. The notice states 11,954,446 shares of common stock were outstanding as of August 26, 2026, and discloses two prior 1,000‑share sales within the past three months.
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Key Figures
Shares to be sold under Rule 144: 2,000 shares
Aggregate market value of securities to be sold: $55,002.46
Shares outstanding: 11,954,446 shares
+3 more
6 metrics
Shares to be sold under Rule 144
2,000 shares
Proposed sale of CoastalSouth Bancshares common stock
Aggregate market value of securities to be sold
$55,002.46
Value associated with the 2,000 shares covered by the notice
Shares outstanding
11,954,446 shares
Common stock outstanding as of August 26, 2026
Shares sold on August 10, 2026
1,000 shares for $27,564.00
Common stock sold by Ernst Bruderer during past 3 months
Shares sold on August 18, 2026
1,000 shares for $27,889.00
Common stock sold by Ernst Bruderer during past 3 months
Planned sale period end date
August 26, 2026
Date tied to shares outstanding and the notice
Key Terms
Rule 144, attorney-in-fact, common stock, NYSE
4 terms
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.
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.
common stock financial
"Common | Raymond James and Associates Inc."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
NYSE market
"11954446 | 08/26/2026 | NYSE"
A large, regulated marketplace where stocks and other securities are listed and traded, acting like a global auction house that matches buyers and sellers and helps determine share prices. It matters to investors because listing and trading there provide liquidity, price discovery, and regulatory oversight—making it easier to buy or sell holdings and giving companies a visible platform that can affect credibility and access to capital.
FAQ
What prior sales by Ernst W. Bruderer in COSO stock are disclosed in the last 3 months?
The filing lists two sales: 1,000 shares sold on August 10, 2026 for $27,564.00, and 1,000 shares sold on August 18, 2026 for $27,889.00. These transactions are reported as sales during the past three months.
AI-generated analysis. How Rhea-AI works. Not financial advice.