EDWARDS JOEL G 4
4 · COASTAL FINANCIAL CORP · Filed Jun 23, 2025
Insider Transaction Report
Form 4
EDWARDS JOEL G
Chief Financial Officer
Transactions
- Exercise/Conversion
Stock Options
2025-06-18−1,800→ 0 totalExercise: $7.20From: 2016-07-01Exp: 2025-07-01→ Common Stock (1,800 underlying) - Exercise/Conversion
Common Stock
2025-06-18$7.20/sh+1,800$12,960→ 43,187 total
Footnotes (2)
- [F1]Includes 10,962 time-based restricted stock units (RSUs) pursuant to the Coastal Financial Corporation 2018 Omnibus Incentive Plan. In accordance with Mr. Edward's retirement and retention agreement the RSUs vest as follows: 2,241 RSUs vest on June 30, 2025; 3,065 RSUs vest on January 25, 2026; 1,424 RSUs vest on February 5, 2026; and 4,232 RSUs vest on April 1, 2026. Each restricted stock unit represents the right to receive one share of common stock upon vesting.
- [F2]Stock options granted pursuant to the Coastal Financial Corp. 2006 Stock Option and Equity Compensation Plan vest in ten approximately equal installments commencing on July 1, 2016.