Topper Joseph V. Jr. 4
4 · CoastalSouth Bancshares, Inc. · Filed Feb 13, 2026
Research Summary
AI-generated summary of this filing
CoastalSouth (COSO) Director Joseph Topper Receives RSU Award
What Happened
Joseph V. Topper Jr., a director of CoastalSouth Bancshares, Inc. (COSO), was granted 927 restricted stock units (RSUs) on February 11, 2026. The filing reports the award as a derivative grant (code A); no per-share price or immediate cash value is reported because these are RSUs, not open-market purchases or sales.
Key Details
- Transaction date: 2026-02-11 (Form 4 filed 2026-02-13). Filing appears timely under standard Form 4 deadlines.
- Transaction type/code: Grant/Award (A) of 927 RSUs (derivative securities). Price: N/A.
- Shares owned after transaction: Not specified in the filing.
- Footnotes: (F1) Each RSU converts one-for-one into common stock. (F2) RSUs vest 100% on 12/31/2026.
- Implication: These RSUs do not represent immediately tradeable shares; they convert to common stock only upon vesting and any applicable withholding.
Context
RSU grants are common compensation for executives and directors and do not by themselves signal buying or selling pressure. Because these RSUs vest in full on 12/31/2026 and convert one-for-one to common stock, any future ownership change or sale would occur only after vesting (and any applicable tax withholding).
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-02-11+927→ 927 totalFrom: 2026-12-31Exp: 2026-12-31→ Common Stock (927 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.