Askins L. Scott 4
Research Summary
AI-generated summary
CoastalSouth (COSO) Director Askins L. Scott Receives Award
What Happened
Director Askins L. Scott received a grant of 927 restricted stock units (RSUs) from CoastalSouth Bancshares, Inc. on 2026-02-11. The filing lists this as an award/acquisition (code A) and the units are reported as derivative securities — no per-share price or total monetary value is provided in the filing. This was an equity compensation award (not a market purchase or sale).
Key Details
- Transaction date: 2026-02-11 (Form 4 filed 2026-02-13 — timely reporting).
- Security: 927 restricted stock units (RSUs); transaction type: Award/Grant (derivative).
- Price/Value: Not applicable / not disclosed in the filing.
- Shares owned after transaction: Not specified in the provided filing.
- Footnotes: RSUs convert into common shares on a 1-for-1 basis (F1); the RSUs vest 100% on 12/31/2026 (F2).
Context
RSU grants are common director compensation and do not represent an immediate cash transaction or an open-market purchase. The RSUs will become ordinary shares only upon vesting (here, fully on 12/31/2026), so this award aligns future equity with the company but does not itself indicate buying or selling sentiment.