CoastalSouth (COSO) CFO-COO awarded 10,000 RSUs vesting through 2029
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CoastalSouth Bancshares CFO and COO Anthony P. Valduga received a grant of 10,000 restricted stock units on February 11, 2026. These RSUs convert into common stock on a one-for-one basis. The award vests in stages: 33% on February 11, 2027, 33% on February 11, 2028, and 34% on February 11, 2029.
After this grant, Valduga directly beneficially owns 10,000 derivative securities tied to CoastalSouth common stock, reflecting equity-based compensation aligned with multi-year service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Valduga Anthony P.
Role
CFO AND COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 10,000 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 10,000 shares (Direct)
Footnotes (1)
- Restricted stock units ("RSU") convert into shares of the issuer's common stock on a one-for-one basis. The RSUs vest 33% on 2/11/2027, 33% of 2/11/2028, and 34% on 2/11/2029.
FAQ
How many restricted stock units were granted to the COSO CFO and COO?
Anthony P. Valduga was granted 10,000 restricted stock units. These RSUs give him the right to receive 10,000 shares of CoastalSouth Bancshares common stock on a one-for-one basis, subject to the specified vesting dates spread between 2027 and 2029.
What is the vesting schedule for Anthony P. Valduga’s 10,000 COSO RSUs?
The 10,000 restricted stock units vest in three tranches: 33% on February 11, 2027, another 33% on February 11, 2028, and the remaining 34% on February 11, 2029. Vesting must occur before the RSUs convert into common shares.
Is the COSO CFO’s RSU ownership reported as direct or indirect?
The filing shows Anthony P. Valduga’s 10,000 restricted stock units as directly owned. There is no separate entity or indirect ownership structure disclosed, so the derivative securities are reported under his direct beneficial ownership in the Form 4.
What is the Form 4 transaction code for the COSO executive’s RSU grant?
The transaction uses code “A,” indicating a grant, award, or other acquisition of derivative securities. In this case, it reflects an equity compensation grant of restricted stock units rather than an open-market purchase or sale of CoastalSouth Bancshares shares.