CoastalSouth Bancshares, Inc. filings document the public-company disclosures of a bank holding company whose wholly owned subsidiary is Coastal States Bank. Recent Form 8-K reports furnish quarterly operating results, financial-condition updates, investor presentation materials under Regulation FD, and board-authorized capital actions such as common-stock repurchase programs.
The company's proxy and governance filings cover annual shareholder meeting matters, director elections, auditor ratification, board appointments and director departures. These records also disclose share-voting outcomes, committee-related governance information, and related-party banking relationships when they are material to board independence or Regulation S-K disclosure.
CoastalSouth Bancshares, Inc. reported that President and CEO Stephen R. Stone, who also serves as a director, received a grant of 12,000 restricted stock units (RSUs) on February 11, 2026. These RSUs are a form of equity compensation that convert into shares of the company’s common stock on a one-for-one basis.
The RSUs vest over three years, with 33% vesting on February 11, 2027, another 33% on February 11, 2028, and the remaining 34% on February 11, 2029. Following this grant, Stone holds 12,000 derivative securities directly in the form of RSUs, aligning part of his compensation with the company’s future stock performance.
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.
CoastalSouth Bancshares, Inc. director Mark Griffith reported an equity award of restricted stock units. On 02/11/2026, he acquired 987 restricted stock units (RSUs) at a stated price of $0.00 per unit as a grant or award, held as direct beneficial ownership.
The RSUs convert into common shares of CoastalSouth Bancshares on a one-for-one basis, meaning each unit represents one future share of common stock. The award is scheduled to vest 100% on 12/31/2026, at which point the underlying shares become deliverable subject to any applicable plan terms.
CoastalSouth Bancshares director Askins L. Scott received a grant of 927 restricted stock units on February 11, 2026. These RSUs convert into common stock on a one-for-one basis and are held as direct ownership. The award is scheduled to vest 100% on December 31, 2026, aligning the director’s compensation with future company performance.
CoastalSouth Bancshares director Michael B. High received a grant of 868 restricted stock units on 02/11/2026. These RSUs are a form of stock-based compensation that can convert into common shares.
The RSUs convert into shares of common stock on a one-for-one basis and are scheduled to vest 100% on 12/31/2026. After this award, High beneficially owns 868 derivative securities directly in the form of these RSUs.
ALDRIDGE JOHN G JR reported acquisition or exercise transactions in a Form 4 filing for COSO. The filing lists transactions totaling 927 shares. Following the reported transactions, holdings were 927 shares.
CoastalSouth Bancshares, Inc. director Michael B. High reported an open-market purchase of company stock. On February 10, 2026, he bought 1,500 shares of common stock at $25.14 per share through an IRA, recorded as indirect ownership.
After this transaction, he beneficially owns 1,500 shares indirectly by IRA and 100 shares directly, according to the filing.
CoastalSouth Bancshares, Inc. furnished an update on its recent performance by issuing a press release with its results of operations and financial condition for the fourth quarter ended December 31, 2025. The company also prepared and shared an investor presentation to accompany these results, making it available as an exhibit and on its investor relations website. Both the earnings release and the investor presentation are furnished under the Exchange Act and are specifically designated as not being filed, which means they are not subject to certain liability provisions unless later incorporated by reference into other documents.
CoastalSouth Bancshares, Inc. reported that director Boris Gutin has resigned from its Board of Directors, effective November 19, 2025. He was originally designated to the Board by GCP Capital Partners and its related funds, which invested in the company’s 2017 recapitalization.
The company explains that, following its recent initial public offering and consistent with GCP’s customary practice of not having representatives serve on public company boards, Mr. Gutin determined this was an appropriate time to step down. He expressed strong support for the company, its management, and the Board, and his resignation is stated to not be due to any disagreement over operations, policies, or practices.
EJF Capital LLC and affiliates filed a Schedule 13G reporting a passive stake in CoastalSouth Bancshares (COSO). The group reported beneficial ownership of 930,171 shares of Voting Common Stock, representing 8.5% of the class, with shared voting and dispositive power over 930,171 shares and no sole power. The reported event date is 07/01/2025.
The filing breaks out holdings as follows: EJF Sidecar Fund, Series LLC - Small Financial Equities Series at 737,495 shares (6.8%) and EJF Financial Services Fund, LP at 192,676 shares (1.8%). Percentages are based on 10,448,892 shares of Voting Common Stock outstanding as of September 30, 2025, plus 438,427 shares of Non-Voting Common Stock that are convertible within 60 days on a one-for-one basis into Voting Common Stock.