Executive at CoastalSouth (COSO) receives 1,500 restricted stock units in 2026 grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CoastalSouth Bancshares, Inc. granted restricted stock units to an executive. Chief Credit Officer Turner Cameron Bradley received 1,500 restricted stock units on February 11, 2026 as an equity award, reported as a grant or other acquisition.
Each RSU converts into one share of CoastalSouth common stock. The award vests over three years: 33% on February 11, 2027, 33% on February 11, 2028, and 34% on February 11, 2029. Following this grant, Bradley directly holds 1,500 RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Turner Cameron Bradley
Role
CHIEF CREDIT OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,500 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 1,500 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 Turner Cameron Bradley of COSO?
Turner Cameron Bradley was granted 1,500 restricted stock units. This entire amount was acquired on February 11, 2026 as a single equity award, giving him a potential right to receive 1,500 shares of CoastalSouth common stock if all vesting conditions are met.
What is the vesting schedule for COSO’s 1,500 RSU grant to its Chief Credit Officer?
The 1,500 RSUs vest in three tranches: 33% on February 11, 2027, another 33% on February 11, 2028, and the remaining 34% on February 11, 2029. This staggered schedule is designed to spread the potential share delivery over several years.
Is the COSO RSU grant to Turner Cameron Bradley a purchase or a compensation award?
The RSU grant is a compensation award, not an open-market share purchase. It is reported as a grant, award, or other acquisition at a price of zero, reflecting equity-based compensation rather than a cash investment transaction by the executive.
How many derivative securities does the COSO executive own after this RSU transaction?
After the reported transaction, Turner Cameron Bradley beneficially owns 1,500 derivative securities in the form of restricted stock units. These RSUs are held directly and represent potential future shares of CoastalSouth common stock if all vesting conditions are satisfied through 2029.