COASTAL FINANCIAL CORP·4

Feb 5, 7:42 PM ET

Hamilton Brian T 4

Research Summary

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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.