Unger Pamela 4
Research Summary
AI-generated summary
Coastal Financial (CCB) Director Pamela Unger Receives 1,193-Share Award
What Happened
- Pamela Unger, a director of Coastal Financial Corporation (CCB), received an award of 1,193 restricted shares on 2026-05-26. The filing reports an acquisition at $0.00 per share (no cash paid). The grant is reported as an award/other acquisition (Form 4 code A).
Key Details
- Transaction date: 2026-05-26; filing date: 2026-05-28 (filed within the typical two-business-day window).
- Price reported: $0.00 per share; total reported cash consideration: $0.
- Shares acquired: 1,193 restricted shares.
- Shares owned after the transaction: not disclosed in the information provided.
- Footnote: Shares are restricted stock granted under the Coastal Financial Corporation 2018 Omnibus Incentive Plan and vest one day prior to the issuer's 2027 Annual Shareholder Meeting.
- Transaction type code: A (award/grant).
Context
- This was a compensation-related restricted stock grant to a director, not an open-market purchase or sale. Such grants are routine for board compensation and do not by themselves indicate a buy or sell signal. The award vests in 2027 subject to the plan terms.