MACLEOD JAMES S 4
Research Summary
AI-generated summary
CoastalSouth (COSO) Director James MacLeod Receives 1,189 RSUs
What Happened
- James S. MacLeod, a director of CoastalSouth Bancshares, received a grant of 1,189 restricted stock units (RSUs) on February 11, 2026. The award is a derivative grant (no cash purchase) and no price or total dollar value is reported on the Form 4.
Key Details
- Transaction date: 2026-02-11; filing date: 2026-02-13 (timely for a Form 4).
- Transaction type/code: Award/Grant (A) — 1,189 RSUs; price reported as N/A.
- Shares owned after transaction: Not specified in the supplied filing details.
- Footnotes: RSUs convert one-for-one into common shares (F1); RSUs vest 100% on 12/31/2026 (F2).
- No 10b5-1 plan, sale, or tax-withholding noted in the provided info.
Context
- RSUs are a form of compensation that convert to actual shares when they vest; they are not the same as an open-market purchase or immediate sale. This grant indicates alignment via future equity compensation but does not reflect an immediate buy or sell of existing shares.