Lane Thomas D 4

What Happened
Lane Thomas, a director of Coastal Financial Corp (CCB), sold 300 shares in an open-market transaction on May 8, 2026. The shares were sold at $72.60 each for total proceeds of $21,780. This was a sale (not a purchase), which is often routine insider activity and does not by itself signal a change in company outlook.

Key Details

• Transaction date & price: 2026-05-08 — 300 shares at $72.60/share; proceeds $21,780.
• Transaction type: Open-market sale (Form 4 code S).
• Shares owned after transaction: Not specified in the provided filing.
• Filing date & timeliness: Filed 2026-05-11 — appears to be filed within the normal reporting window.
• Footnotes/plan info: No 10b5-1 plan, tax withholding, or other special footnotes were provided in the supplied data.

Context
Sales by directors can reflect personal liquidity needs, portfolio rebalancing, or other non-fundamental reasons; they are common and do not necessarily indicate negative insider sentiment. For retail investors, purchases typically carry more weight as a signal of insider confidence.