Coastal Financial (CCB) Executive Chair Christopher D. Adams Buys 290 Shares

What Happened

• Christopher D. Adams, Executive Chair and Director of Coastal Financial Corporation (CCB), made an open-market purchase of 290 shares on August 7, 2026 at $45.15 per share, for a total of approximately $13,094. This was a buy (purchase) transaction rather than a sale or grant.

Key Details

• Transaction date and type: 2026-08-07 — Open market purchase (Code P)
• Price and amount: 290 shares at $45.15 per share; total ≈ $13,094
• Shares owned after transaction: Not specified in the filing
• Filing date: 2026-08-07 (report period and filing date coincide — appears timely)
• Footnote: F1 notes restricted stock granted under the 2018 Omnibus Incentive Plan that vests as follows: 1,754 shares vest one day prior to the issuer's 2027 Annual Shareholder Meeting

Context

• Purchases by insiders can be interpreted by some investors as a positive signal, but they do not prove future performance; avoid assuming motivation.
• This was a straightforward open-market purchase (not an option exercise, gift, or tax-withholding action).
• No 10b5-1 plan, late filing, or immediate sale of acquired shares is indicated in the filing.