FRAWLEY PATRICK M 4
Research Summary
AI-generated summary
CoastalSouth Director Patrick Frawley Receives 868 RSU Award
What Happened Patrick M. Frawley, a director of CoastalSouth Bancshares, Inc. (COSO), was granted 868 restricted stock units (RSUs) on 2026-02-11. The RSUs are derivative awards (no exercise price) and will convert into one share of common stock per RSU when vested. The filing lists the acquisition as an award (transaction code A) and does not report a cash price or immediate dollar value.
Key Details
- Transaction date: 2026-02-11; Form 4 filed: 2026-02-13 (timely within the standard two-business-day reporting window).
- Award amount: 868 RSUs (derivative securities); price per share: N/A.
- Vesting: RSUs convert 1-for-1 to common stock (F1); 100% vests on 12/31/2026 (F2).
- Shares owned after transaction: not specified in the provided filing details.
- Transaction type: Award/Grant (code A). No sale, purchase, or exercise reported.
Context RSU awards are compensation-related grants that convert into shares once vesting conditions are met and do not represent an immediate market purchase or sale. This grant increases potential future holding if Frawley remains with the company through the vesting date; it is not by itself an indicator of buying or selling sentiment.