Valduga Anthony P. 4
Research Summary
AI-generated summary
CoastalSouth (COSO) CFO/COO Anthony Valduga Receives 10,000 RSUs
What Happened
Anthony P. Valduga, CFO and COO of CoastalSouth Bancshares, Inc. (COSO), received a grant of 10,000 restricted stock units (RSUs) on February 11, 2026. The RSUs are a derivative award (no cash purchase) and will convert into one share of common stock per RSU when vested. No grant price or immediate market value was reported on the Form 4.
Key Details
- Transaction date: 2026-02-11; Form 4 filed 2026-02-13 (appears timely).
- Security: 10,000 RSUs (derivative award, code A on Form 4). No purchase/sale price (N/A).
- Vesting: 33% vest on 2/11/2027, 33% on 2/11/2028, and 34% on 2/11/2029 (footnotes).
- Conversion: RSUs convert one-for-one into common shares upon vesting (footnote).
- Shares owned after transaction: not specified in the filing.
- No indication this was a sale or open-market purchase—this is a compensation award.
Context
RSU grants are common executive compensation and do not represent an immediate market purchase or sale. They become actual shares only as they vest per the schedule above; until then they are a promise to deliver shares in the future and may be subject to company forfeiture rules.