Form 4: MACLEOD JAMES S reports acquisition/exercise transactions in COSO
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MACLEOD JAMES S reported acquisition or exercise transactions in a Form 4 filing for COSO. The filing lists transactions totaling 1,189 shares. Following the reported transactions, holdings were 1,189 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MACLEOD JAMES S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,189 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 1,189 shares (Direct)
Footnotes (1)
- Restricted stock units ("RSU") convert into shares of the issuer's common stock on a one-for-one basis. RSU 100% vests on 12/31/2026.
FAQ
How many restricted stock units did the COSO director receive in this Form 4 filing?
The director received 1,189 restricted stock units. This entire amount was reported as acquired in a single transaction and matches the total number of derivative securities beneficially owned following the transaction, indicating this filing reflects the full grant.
What does one-for-one conversion of COSO restricted stock units mean in this filing?
One-for-one conversion means each restricted stock unit turns into one share of CoastalSouth Bancshares common stock. For this grant, 1,189 RSUs can ultimately become 1,189 common shares once they are vested and settled according to the award’s terms.
Was the insider COSO transaction a purchase or a grant of equity?
The transaction was a grant or award of equity, not a market purchase. The Form 4 uses transaction code “A” for acquisition and describes the RSUs as a grant, with a reported price per unit of 0.0000, indicating a compensation-related award.
How is ownership reported for the RSUs in the COSO Form 4?
Ownership for these RSUs is reported as direct. After the February 11, 2026 grant of 1,189 restricted stock units, the Form 4 shows James S. Macleod directly and beneficially owning 1,189 derivative securities tied to CoastalSouth Bancshares common stock.