Stone Stephen R. 4
Research Summary
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CoastalSouth (COSO) CEO Stephen R. Stone Receives 12,000 RSUs
What Happened Stephen R. Stone, President & CEO and a director of CoastalSouth Bancshares, Inc. (COSO), received a grant of 12,000 restricted stock units (RSUs) on February 11, 2026. The RSUs are a derivative award (Form 4 code A); no purchase price or cash transaction was reported. The filing was submitted on February 13, 2026.
Key Details
- Transaction date: 2026-02-11; Form 4 filed: 2026-02-13 (appears timely within the standard 2-business-day window).
- Transaction type: Award/Grant (code A); 12,000 RSUs granted. Reported price: N/A (award).
- RSU conversion: Footnote F1 — RSUs convert into one share of common stock per RSU (1-for-1) upon vesting.
- Vesting schedule: Footnote F2 — 33% vests on 2/11/2027, 33% on 2/11/2028, and 34% on 2/11/2029.
- Shares owned after transaction: Not specified in this Form 4.
- No 10b5-1 plan, tax-withholding sale, or late-filing indicator disclosed in the filing.
Context This transaction is an equity compensation award (RSUs) rather than a market purchase or sale. RSUs do not deliver shares until they vest per the schedule above; they are commonly used as long-term incentive pay and do not by themselves indicate immediate buying or selling sentiment.