ALDRIDGE JOHN G JR 4
Research Summary
AI-generated summary
CoastalSouth (COSO) Director John Aldridge Receives 927 RSUs
What Happened
- John G. Aldridge Jr., a director of CoastalSouth Bancshares, was awarded 927 restricted stock units (RSUs) on February 11, 2026. The Form 4 reports this as an award/acquisition (code A) of a derivative security; no cash price per share is listed (N/A).
- These RSUs convert into common shares on a one-for-one basis (see footnote) and are scheduled to vest 100% on December 31, 2026. This is a compensation award (not an open-market purchase or sale).
Key Details
- Transaction date: 2026-02-11; Form 4 filed: 2026-02-13 (within the typical two-business-day reporting window).
- Security: Restricted stock units (derivative); amount: 927 RSUs; reported price: N/A.
- Shares owned after transaction: Not specified on this filing.
- Footnotes: F1 — RSUs convert to common stock 1:1. F2 — RSUs vest 100% on 12/31/2026.
- Transaction code: A (award/grant).
Context
- RSU grants are commonly used for executive/director compensation and typically vest over time; they do not represent immediately tradable shares until conversion and vesting occur. This award alone does not indicate a buy or sell signal by the insider.