Richardson James N. Jr. 4
4 · CoastalSouth Bancshares, Inc. · Filed Feb 13, 2026
Research Summary
AI-generated summary of this filing
CoastalSouth (COSO) Director James N. Richardson Jr. Receives Award
What Happened James N. Richardson Jr., a director of CoastalSouth Bancshares, Inc. (COSO), received an award of 868 restricted stock units (RSUs) on February 11, 2026. The filing reports this as an award/derivative transaction (code A); no per-share purchase price is applicable (N/A) because these are grants rather than market purchases. The RSUs convert into common shares on a one-for-one basis and vest 100% on December 31, 2026.
Key Details
- Transaction date: 2026-02-11; Form 4 filed: 2026-02-13 (filed within the standard 2-business-day window).
- Security: 868 restricted stock units (RSUs); price: N/A (grant).
- Post-transaction total shares owned: not disclosed in the provided filing.
- Footnotes: F1 — RSUs convert one-for-one into common stock; F2 — RSUs vest 100% on 12/31/2026.
- Transaction type footnote: A = Award/Grant (derivative securities).
Context This was a compensation award (RSUs), not an open-market purchase or sale. Awards are common for directors and executives as part of pay programs; they do not by themselves indicate buying or selling sentiment. The RSUs will only become common shares when they vest (12/31/2026) and convert per the one-for-one provision.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-02-11+868→ 868 totalFrom: 2026-12-31Exp: 2026-12-31→ Common Stock (868 underlying)
Footnotes (2)
- [F1]Restricted stock units ("RSU") convert into shares of the issuer's common stock on a one-for-one basis.
- [F2]RSU 100% vests on 12/31/2026.