Delorier Rilla S 4

What Happened Rilla S. Delorier, a director of Coastal Financial Corporation (CCB), was granted 1,193 restricted shares on 2026-05-26. The Form 4 reports the acquisition price as $0.00 (award/grant code A) — this is a compensatory stock award, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-05-26; Form 4 filed: 2026-05-28.
• Security: Common stock (restricted shares); amount: 1,193 shares; reported price: $0.00 (award).
• Shares owned after the transaction: Not specified in the filing.
• Footnote: These are restricted shares granted under the Coastal Financial Corporation 2018 Omnibus Incentive Plan; they vest one day prior to the issuer’s 2027 Annual Shareholder Meeting.
• Filing timeliness: Filed two days after the transaction (not marked late).

Context Restricted stock awards are a form of compensation that carry vesting conditions and typically cannot be sold until vested. Such grants are common for directors and executives as part of long‑term incentive programs and do not, by themselves, indicate a buy or sell sentiment.