CoastalSouth (COSO) director receives grant of 868 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bruderer Ernst W. reported acquisition or exercise transactions in this Form 4 filing.
CoastalSouth Bancshares director granted RSUs
CoastalSouth Bancshares, Inc. director Ernst W. Bruderer received an equity award of 868 restricted stock units on 02/11/2026. These RSUs are a right to receive 868 shares of common stock on a one-for-one basis once they vest.
The RSUs are scheduled to 100% vest on 12/31/2026, aligning Bruderer’s compensation with future company performance. Following this grant, he directly holds 868 derivative securities in the form of restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bruderer Ernst W.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 868 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 868 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 were granted to director Ernst W. Bruderer at COSO?
Ernst W. Bruderer was granted 868 restricted stock units. Each unit represents the right to receive one share of CoastalSouth Bancshares common stock, subject to vesting conditions, providing stock-based compensation that can align his interests with other shareholders over time.
What is the conversion rate of the COSO restricted stock units granted to the director?
Each restricted stock unit converts into one share of CoastalSouth Bancshares common stock on a one-for-one basis. Once vested, the 868 RSUs would therefore entitle the director to receive 868 shares, reflecting standard equity compensation mechanics for this type of award.
Is the RSU grant to the COSO director classified as a purchase or sale of stock?
The RSU grant is classified as an acquisition of a derivative security, coded as a grant, award, or other acquisition. It is not an open-market stock purchase or sale, but a compensation-related equity award provided by CoastalSouth Bancshares to its director.
How many derivative securities does the COSO director own after this RSU grant?
After the reported transaction, Ernst W. Bruderer beneficially owns 868 derivative securities in the form of restricted stock units, held directly. This amount matches the size of the RSU grant and reflects his post-transaction derivative holdings reported in the Form 4 filing.