CoastalSouth 2026 shareholder meeting results

CoastalSouth Bancshares, Inc. reported the results of its 2026 Annual Meeting of Shareholders.

Rhea-AI Filing Summary

CoastalSouth Bancshares, Inc. reported the results of its 2026 Annual Meeting of Shareholders. Of 11,853,258 common shares outstanding as of the record date, 8,894,030 shares were represented, meaning 75.79% of eligible shares were present in person or by proxy, establishing a quorum.

Shareholders elected eleven directors to one-year terms ending at the 2027 annual meeting. Support varied by nominee, with votes for ranging from 5,927,906 to 7,846,482 and broker non-votes of 1,132,351 for each director. Shareholders also ratified the appointment of Elliott Davis, LLC as independent registered public accounting firm for the fiscal year ending December 31, 2026, with 8,979,430 votes for and 4,600 against.

8-K Event Classification

Item 5.07 — Submission of Matters to a Vote of Security Holders

1 item

Item 5.07 Submission of Matters to a Vote of Security Holders Governance

Results of a shareholder vote on proposals at an annual or special meeting.

Key Figures

Shares outstanding: 11,853,258 shares Shares represented: 8,894,030 shares Meeting participation: 75.79% +4 more

7 metrics

Shares outstanding 11,853,258 shares Voting common stock outstanding as of the record date

Shares represented 8,894,030 shares Represented in person or by proxy at the 2026 annual meeting

Meeting participation 75.79% Percentage of outstanding common shares entitled to vote represented at the meeting

Top director support 7,846,482 votes for Votes for director nominee Joseph V. Topper, Jr.

Lowest director support 5,927,906 votes for Votes for director nominee Michael B. High

Auditor ratification for votes 8,979,430 votes for Ratification of Elliott Davis, LLC for fiscal year ending December 31, 2026

Auditor ratification against votes 4,600 votes against Opposing votes on ratification of Elliott Davis, LLC

Key Terms

quorum, broker non-votes, independent registered public accounting firm, Annual Meeting of Shareholders

4 terms

quorum financial

"were represented in person or by proxy at the Annual Meeting, constituting a quorum."

A quorum is the minimum number of members needed to officially hold a meeting or make decisions. It ensures that decisions are made with enough participation to represent the group’s interests, much like a majority must be present for a vote to be valid. For investors, understanding quorum is important because it affects when and how important company or organization decisions can be legally made.

broker non-votes financial

"Votes Withheld | | | Broker Non-Votes | -------------------------------------------------------------------------- James S. MacLeod"

Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.

independent registered public accounting firm financial

"To ratify the appointment of Elliott Davis, LLC as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2026."

An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.

Annual Meeting of Shareholders financial

"held its 2026 Annual Meeting of Shareholders (the “Annual Meeting”)."

A yearly gathering where a company’s owners (shareholders) vote on key items like electing the board, approving executive pay, and ratifying auditors, and receive updates on performance and strategy. Think of it as an annual town hall for owners: it matters to investors because outcomes and disclosures can affect leadership, corporate direction, dividend and governance policies, and therefore the company’s risk and potential return.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did CoastalSouth Bancshares (COSO) shareholders vote on at the 2026 annual meeting?

Shareholders voted to elect eleven directors for one-year terms and to ratify Elliott Davis, LLC as independent registered public accounting firm for the fiscal year ending December 31, 2026. Both the board slate and auditor ratification received strong shareholder support.

How many CoastalSouth Bancshares (COSO) shares were represented at the 2026 annual meeting?

A total of 8,894,030 shares were represented at the meeting out of 11,853,258 shares outstanding as of the record date. This represented 75.79% of the outstanding common shares entitled to vote, which was sufficient to establish a quorum for conducting business.

Were all CoastalSouth Bancshares (COSO) director nominees elected in 2026?

All eleven director nominees were elected to serve one-year terms ending at the 2027 annual meeting. Votes for individual nominees ranged from 5,927,906 to 7,846,482, with additional votes withheld and consistent broker non-votes of 1,132,351 recorded for each director candidate listed.

Which audit firm did CoastalSouth Bancshares (COSO) shareholders ratify for 2026?

Shareholders ratified Elliott Davis, LLC as CoastalSouth Bancshares’ independent registered public accounting firm for the fiscal year ending December 31, 2026. The ratification received 8,979,430 votes for, 4,600 votes against, and no abstentions or broker non-votes on this proposal.

What level of support did the top-vote-getting director receive at CoastalSouth Bancshares (COSO)?

Director nominee Joseph V. Topper, Jr. received 7,846,482 votes for and 5,197 votes withheld. This was the highest “for” vote total among the eleven nominees, alongside 1,132,351 broker non-votes recorded on his election proposal at the annual meeting.

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

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Accepted by SEC EDGAR 04/24/2026 - 04:15 PM Learn about SEC filing dates

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): April 23, 2026

COASTALSOUTH BANCSHARES, INC.

(Exact name of Registrant as Specified in Its Charter)

Georgia			001-42730	57-1184730
(State or Other Jurisdiction of Incorporation)			(Commission File Number)	(IRS Employer Identification No.)
400 Galleria Parkway Suite 1900
Atlanta, Georgia				30339
(Address of Principal Executive Offices)				(Zip Code)

Registrant’s Telephone Number, Including Area Code: (678) 396-4605

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, par value $1.00 per share		COSO		New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.07 Submission of Matters to a Vote of Security Holders.

On April 23, 2026, CoastalSouth Bancshares, Inc. (the “Company”) held its 2026 Annual Meeting of Shareholders (the “Annual Meeting”). Of the 11,853,258 shares of voting common stock of the Company outstanding as of the record date for the Annual Meeting, 8,894,030 shares, or 75.79% of the outstanding common shares entitled to vote, were represented in person or by proxy at the Annual Meeting, constituting a quorum. The final voting results of each of the proposals voted on by the Company’s shareholders at the Annual Meeting are described below:

Proposal 1 – Election of Directors: To elect eleven directors each to serve a one-year term ending at the Annual Meeting of Shareholders in 2027.

Director		Votes For				Votes Withheld				Broker Non-Votes
James S. MacLeod			7,586,229				265,450				1,132,351
John G. Aldridge, Jr.			6,521,195				1,330,484				1,132,351
L. Scott Askins			7,371,220				480,459				1,132,351
Ernst W. Bruderer			7,229,851				621,828				1,132,351
J. Simon Fraser			7,228,319				623,360				1,132,351
Patrick M. Frawley			7,842,100				9,579				1,132,351
Mark A. Griffith			7,582,615				269,064				1,132,351
Michael B. High			5,927,906				1,923,773				1,132,351
James N. Richardson, Jr.			7,255,976				595,703				1,132,351
Stephen R. Stone			7,832,217				19,462				1,132,351
Joseph V. Topper, Jr.			7,846,482				5,197				1,132,351

Proposal 2 – Ratification of Auditors: To ratify the appointment of Elliott Davis, LLC as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2026.

Accounting Firm		Votes For				Votes Against				Abstain				Broker Non-Votes
Elliott Davis, LLC			8,979,430				4,600				-				-

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

			CoastalSouth Bancshares, Inc.
Date:	April 24, 2026	By:	/s/ Stephen R. Stone
			Stephen R. Stone President and Chief Executive Officer

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