Hamilton Brian T 4

What Happened

• Brian T. Hamilton, President of CCBX and a director of Coastal Financial Corporation (CCB), reported a sale of 48 shares on 2026-02-06. The shares were sold at $88.95 per share for a total of about $4,270. This was a sale (routine liquidity/tax-related) rather than a buy.

Key Details

• Transaction date and price: 2026-02-06 — 48 shares sold at $88.95/share (total ≈ $4,270).
• Filing date: Form 4 filed 2026-02-09 (timely filing).
• Shares owned after transaction: not specified in the excerpt provided from the filing.
• Notable footnotes:
  • Sale effected pursuant to a Rule 10b5-1 trading plan (F1).
  • The shares sold represent shares sold to pay withholding taxes upon partial vesting of RSUs (F2).
  • Outstanding restricted stock units per the filing (F3): 15,698 RSUs vesting monthly through ~Apr 30, 2028; 7,387 performance-based RSUs eligible to vest monthly (subject to service and stock-price conditions); 15,000 performance-based RSUs eligible to vest Apr 30, 2028 (subject to ROE performance vs. peers); and 502 RSUs vesting in three remaining installments. Each RSU converts to one share on vesting.

Context

• The sale was executed under a pre-established 10b5-1 trading plan and to satisfy tax withholding on vested RSUs, which are routine reasons for insider sales and do not necessarily signal a change in insider sentiment. For retail investors, purchases by insiders generally carry more weight as a bullish signal; this transaction appears administrative.