Sprink Eric M 4

4 · COASTAL FINANCIAL CORP · Filed Feb 9, 2026

AI-generated summary of this filing

Updated Feb 10, 2026

Coastal Financial (CCB) CEO Eric Sprink Withholds 1,730 Shares

What Happened

Eric M. Sprink, CEO and Director of Coastal Financial Corporation (CCB), had 1,730 shares withheld to satisfy tax withholding upon partial vesting of restricted stock units (RSUs). The withheld shares are reported as a disposition at $84.97 per share for a total value of $146,998.

Key Details

Transaction date: 2026-02-05; Report filed: 2026-02-09 (filed within the standard two business-day window).
Price: $84.97 per share; Total value of withheld shares: $146,998.
Transaction code: F (payment of exercise price or tax liability — here used to denote tax withholding).
Shares owned after the transaction: not specified in the provided filing details.
Footnote F1: The 1,730 shares represent shares withheld to pay withholding taxes on a partial vesting of RSUs.
Footnote F2: Sprink’s RSU holdings include 21,491 time-based RSUs with staggered remaining vesting installments (7,455; 3,165; 6,688; 4,183) and 100,000 performance-based RSUs that vest on Oct 4, 2027 subject to performance goals. Each RSU converts to one share upon vesting.

Context

This was a tax-withholding disposition tied to RSU vesting, not an open-market sale — a routine administrative action that does not necessarily signal insider sentiment. The filing appears timely relative to the transaction date. The larger position includes significant time-based and performance-based RSUs that remain subject to future vesting conditions.

Form 4

Period: 2026-02-05

DirectorCEO

Transactions

Tax Payment
Common Stock
[F1][F2]
2026-02-05$84.97/sh−1,730$146,998→ 158,378 total

Footnotes (2)

[F1]Represents shares withheld in payment of withholding taxes upon partial vesting of RSUs.
[F2]Includes 21,491 time-based restricted stock units (RSUs) pursuant to the Coastal Financial Corporation 2018 Omnibus Incentive Plan. 7,455 of the RSUs vest in four approximately equal remaining installments; 3,165 of the RSUs vest in three approximately equal remaining installments; 6,688 of the RSUs vest in approximately two remaining installments; 4,183 of the RSUs vest in approximately one remaining equal installment. Also includes 100,000 shares of performance-based restricted stock units that vest on October 4, 2027, the quantity of which is dependent upon achievement of specified performance goals. Each restricted stock unit represents the right to receive one share of common stock upon vesting.

Signature

/s/ Melisa Nelson, as Attorney-in-fact|2026-02-09

1 file