Tisdel Gregory A 4
Research Summary
AI-generated summary
Coastal Financial (CCB) Director Gregory A. Tisdel Receives Award
What Happened
Gregory A. Tisdel, a director of Coastal Financial Corporation (CCB), was granted 1,193 restricted shares on 2026-05-26. The reported acquisition price is $0.00 (award/grant), so the filing shows a $0 cash purchase price — this is an equity award rather than an open-market purchase.
Key Details
- Transaction date: 2026-05-26; Form 4 filed: 2026-05-28 (filed two days after the transaction).
- Transaction type/code: Award/Grant (A).
- Shares granted: 1,193 restricted common shares; reported acquisition price: $0.00.
- Shares owned following transaction: Not disclosed in this filing.
- Footnote: Granted under the Coastal Financial Corporation 2018 Omnibus Incentive Plan; the restricted shares vest one day prior to the issuer's 2027 Annual Shareholder Meeting (subject to plan terms and forfeiture until vesting).
- No indication in the filing of a 10b5-1 plan, tax withholding, or cashless sale; this is a standard restricted stock award.
Context
This is a compensation-related equity award to a director (not an open-market purchase or sale). Restricted stock grants are common for aligning insiders with shareholder interests but do not by themselves indicate immediate bullish or bearish trading intent because the shares typically cannot be sold until they vest.