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Director at CoastalSouth Bancshares (COSO) awarded 927 restricted stock units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

CoastalSouth Bancshares director receives RSU grant

CoastalSouth Bancshares, Inc. granted director Joseph V. Topper Jr. 927 restricted stock units on February 11, 2026. These RSUs convert into common shares on a one-for-one basis and are a form of equity compensation rather than a cash transaction.

The RSUs 100% vest on December 31, 2026, meaning the director must remain eligible through that date to receive all underlying shares. After this grant, he beneficially owns 927 derivative securities directly in the form of RSUs.

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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Topper Joseph V. Jr.

(Last) (First) (Middle)
400 GALLERIA PARKWAY
SUITE 1900

(Street)
ATLANTA GA 30339

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CoastalSouth Bancshares, Inc. [ COSO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/11/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) 02/11/2026 A 927 12/31/2026(2) 12/31/2026(2) Common Stock 927 (1) 927 D
Explanation of Responses:
1. Restricted stock units ("RSU") convert into shares of the issuer's common stock on a one-for-one basis.
2. RSU 100% vests on 12/31/2026.
/s/ Lauren Hemby, Chief Accouting Officer 02/13/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did CoastalSouth Bancshares (COSO) report on this Form 4?

CoastalSouth Bancshares reported a grant of 927 restricted stock units to director Joseph V. Topper Jr. on February 11, 2026. This is an equity award, not an open-market stock purchase or sale, and reflects compensation in company-linked shares.

Who is the reporting person in the CoastalSouth Bancshares (COSO) Form 4 filing?

The reporting person is director Joseph V. Topper Jr.. He filed individually, indicating the transaction relates to his direct beneficial ownership. The filing classifies his relationship to CoastalSouth Bancshares as a director and not as an officer or 10% owner.

How many restricted stock units were granted in this COSO Form 4 and at what price?

The filing shows a grant of 927 restricted stock units at a stated price of $0.00 per unit. This indicates a compensatory award rather than a purchase, with value depending on future CoastalSouth Bancshares common stock performance.

When do the CoastalSouth Bancshares (COSO) RSUs reported in this Form 4 vest?

The restricted stock units reported fully vest on December 31, 2026. The footnotes state that the RSUs 100% vest on that date, so the director generally must satisfy service or eligibility conditions until then to receive all underlying shares.

How do the reported CoastalSouth Bancshares (COSO) RSUs convert into common stock?

The Form 4 explains that each restricted stock unit converts into one share of CoastalSouth Bancshares common stock. This one-for-one conversion means 927 RSUs correspond to 927 potential common shares upon vesting and settlement, aligning the director’s compensation with shareholder interests.

What is the director’s derivative stake in COSO after this RSU grant?

After the transaction, the director beneficially owns 927 derivative securities in the form of restricted stock units. These are held directly, as indicated by the ownership code "D," and represent potential future common shares subject to vesting on December 31, 2026.
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