Hamilton Brian T 4
4 · COASTAL FINANCIAL CORP · Filed Feb 5, 2026
Research Summary
AI-generated summary of this filing
Coastal Financial (CCB) President Brian T. Hamilton Sells 171 Shares
What Happened
Brian T. Hamilton, President of CCBX and a director of Coastal Financial Corporation (CCB), sold 171 shares of common stock in an open-market/private sale on February 4, 2026 at $89.67 per share, generating $15,334. The filing notes these shares were sold to satisfy withholding taxes upon partial vesting of restricted stock units (RSUs).
Key Details
- Transaction date: 2026-02-04; sale price: $89.67; shares sold: 171; proceeds: $15,334.
- Footnotes: F1 — sale to pay tax withholding on RSU vesting; F2 — sale effected under a Rule 10b5-1 trading plan; F3 — reporting of outstanding RSU awards under the 2018 Omnibus Incentive Plan (details below).
- RSU details (per filing F3): 15,698 RSUs vesting monthly through ~4/30/2028; 7,387 performance-based RSUs eligible monthly 10/1/2024–4/30/2028 (subject to stock-price conditions); 15,000 performance-based RSUs vesting 4/30/2028 (subject to ROE comparator condition); 669 RSUs vesting in ~4 remaining installments.
- Shares owned after the transaction: not specified in the provided excerpt.
- Filing: Form 4 filed 2026-02-05 reporting the 2/4/2026 transaction (timely within Form 4 requirements).
Context
This sale was recorded as a tax-withholding disposition tied to RSU vesting and was executed under a pre-established Rule 10b5-1 plan — both standard mechanisms for insiders to manage tax obligations and avoid trading timing concerns. This was a small, routine sale rather than an open-market accumulation; factual details above should guide interpretation rather than inference about company outlook.
Insider Transaction Report
- Sale
Common Stock
[F1][F2][F3]2026-02-04$89.67/sh−171$15,334→ 77,380 total
Footnotes (3)
- [F1]Represents shares sold in payment of withholding taxes upon partial vesting of RSUs.
- [F2]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- [F3]Includes the following pursuant to the 2018 Coastal Financial Corporation Omnibus Incentive Plan: (1) 15,698 restricted stock units (RSUs) with remaining shares vesting monthly in an approximately equal amount through April 30, 2028 (2) Includes 7,387 performance-based RSUs which are eligible to vest on the first day of each month beginning October 1, 2024 until April 30, 2028, the quantity of which is subject to continuous employment and achievement of certain stock price conditions (3) 15,000 performance-based RSUs - eligible to vest on April 30, 2028, subject to continuous employment and achievement of return on equity that is at least 80% of company comparator peer group. (4) 669 RSUs that vest in four approximately equal remaining installments. Each RSU represents the right to receive one share of common stock upon vesting.