$COSO·8-K

CoastalSouth Bancshares, Inc. · Apr 24, 4:15 PM ET

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CoastalSouth Bancshares, Inc. 8-K

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CoastalSouth Bancshares Reports 2026 Annual Meeting Voting Results

What Happened
CoastalSouth Bancshares, Inc. (COSO) filed an 8-K on April 24, 2026 reporting the results of its April 23, 2026 Annual Meeting of Shareholders. Shareholders voted on the election of eleven directors to one-year terms and on ratifying the appointment of Elliott Davis, LLC as the company’s independent registered public accounting firm for fiscal 2026. A quorum was present.

Key Details

  • Quorum: 8,894,030 shares represented in person or by proxy, equal to 75.79% of outstanding voting common stock as of the record date.
  • Director elections: Eleven director nominees were voted on; reported "For" votes ranged by nominee (examples): Joseph V. Topper, Jr. 7,846,482 For; Patrick M. Frawley 7,842,100 For; Michael B. High 5,927,906 For. Broker non‑votes totaled 1,132,351 for the director votes.
  • Auditor ratification: Elliott Davis, LLC was ratified as independent auditors with reported votes of 8,979,430 For and 4,600 Against.

Why It Matters
The vote finalizes the company’s board composition for the coming year and confirms the auditor responsible for the company’s 2026 financial statements and audit oversight. Vote totals and broker non‑votes give investors clear insight into shareholder support levels for management and governance decisions disclosed in the Form 8‑K.

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