CoastalSouth (COSO) Director James S. Macleod Buys 334 Shares

What Happened
James S. Macleod, a director of CoastalSouth Bancshares, Inc. (COSO), made two open-market purchases in early August 2026. On 2026-08-06 he bought 96 shares at $27.61 ($2,651) and on 2026-08-07 he bought 238 shares at $28.15 ($6,700), for a total of 334 shares costing approximately $9,351. These were purchases (transaction code P), which are generally viewed as a direct acquisition of company stock.

Key Details

• Transaction dates and prices:
  • 2026-08-06: 96 shares @ $27.61 = $2,651
  • 2026-08-07: 238 shares @ $28.15 = $6,700
• Total purchased: 334 shares for ~$9,351.
• Transaction code: P (purchase — open market/private purchase).
• Shares owned after the transaction: not stated in the filing (not reported here).
• Filing: Form 4 was filed on 2026-09-14 reporting the Aug 6–7 trades; this filing date is more than two business days after the trades and therefore appears late.
• No 10b5-1 plan, tax withholding, gift, or other footnotes were disclosed in the reported transactions.

Context
Purchases by directors are often watched by retail investors as a signal of insider confidence, but they do not prove future performance. The late filing means the trades were not reported within the usual two-business-day window required for Form 4s, which can affect the timeliness of market information.