CoastalSouth CFO exercises 13,000 RSUs, updates holdings
CoastalSouth Bancshares CFO and COO Anthony P. Valduga reported compensation-related equity activity involving the company’s common stock.
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Rhea-AI Filing Summary
CoastalSouth Bancshares CFO and COO Anthony P. Valduga reported compensation-related equity activity involving the company’s common stock. He exercised 13,000 restricted stock units, which converted into the same number of common shares on a one-for-one basis.
To cover tax obligations, 3,841 shares were disposed of through a tax-withholding transaction at $25.59 per share, rather than sold in the open market. Following these transactions, he directly holds 90,673 common shares and indirectly holds additional shares through a spouse IRA (2,500 shares) and a personal IRA (27,924 shares).
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 13,000 | $0.00 | $0.00 |
| Exercise | Common Stock | 13,000 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 3,841 | $25.59 | $98K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Restricted stock units ("RSU") convert into shares of the issuer's common stock on a one-for-one basis.
Key Figures
Key Terms
Restricted Stock Units financial
tax-withholding disposition financial
derivative security financial
FAQ
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What did COSO executive Anthony Valduga report in this Form 4 filing?
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AI-generated analysis. How Rhea-AI works. Not financial advice.