GRIFFITH MARK 4
4 · CoastalSouth Bancshares, Inc. · Filed Feb 13, 2026
Research Summary
AI-generated summary of this filing
CoastalSouth Director Mark Griffith Receives 987 RSUs
What Happened
Mark Griffith, a director of CoastalSouth Bancshares, Inc. (COSO), received an award of 987 restricted stock units (RSUs) reported as a derivative acquisition on 2026-02-11. The filing shows no per-share or total dollar amount (price listed as N/A). These RSUs convert one-for-one into common shares upon vesting and are an award/compensation rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-02-11 (reported on Form 4 filed 2026-02-13).
- Transaction type/code: Award/Grant (A) of 987 RSUs; price: N/A.
- Shares owned after transaction: Not specified in the filing.
- Footnotes: F1 — RSUs convert into common stock on a one-for-one basis. F2 — RSUs vest 100% on 12/31/2026.
- Timeliness: Form 4 filed 2026-02-13 for the 2026-02-11 transaction (appears to be a timely report).
Context
RSUs are a form of equity compensation that become shares only after vesting; Griffith does not immediately receive tradable shares. Awards like this are commonly part of pay or retention programs and do not, by themselves, indicate insider buying or selling intent. This was a derivative grant (not an exercised option or market purchase/sale).
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-02-11+987→ 987 totalFrom: 2026-12-31Exp: 2026-12-31→ Common Stock (987 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.