Hamilton Brian T 4
4 · COASTAL FINANCIAL CORP · Filed Mar 13, 2026
Research Summary
AI-generated summary of this filing
Coastal Financial (CCB) President Brian T. Hamilton Receives RSU Award
What Happened Brian T. Hamilton, President of CCBX and a director of Coastal Financial Corporation (CCB), was granted 2,714 restricted stock units (RSUs) on March 11, 2026. The award was reported on a Form 4 filed March 13, 2026. The RSUs were granted at $0.00 (no cash purchase); each RSU represents the right to receive one share of common stock upon vesting. These particular RSUs vest in approximately equal installments over four years.
Key Details
- Transaction type: Award/Grant (code A) — 2,714 RSUs granted on 2026-03-11 at $0.00 (acquisition value $0).
- Vesting: Time-based RSUs vest in roughly equal installments over four years (per footnote).
- Shares owned after transaction: The Form 4 does not state a total common‑stock share count; footnotes disclose additional outstanding RSU tranches held by Hamilton under the company’s 2018 Omnibus Incentive Plan.
- Footnote highlights: Includes multiple RSU tranches and performance-based awards (e.g., RSUs vesting monthly through Apr 30, 2028; 7,387 performance RSUs subject to stock-price conditions; 15,000 performance RSUs eligible Apr 30, 2028 subject to ROE performance). Each RSU converts to one share at vesting.
- Filing timeliness: Reported on 2026-03-13 for a 2026-03-11 grant; no late filing indicated.
Context This was an equity compensation grant (RSUs), not a market purchase or sale. RSU awards are common for executive compensation and only translate into actual shares — and potential taxable income — when they vest. Performance-based RSUs noted in the filing depend on continued employment and achievement of specific metrics, so their eventual conversion to shares is contingent on those conditions.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-03-11+2,714→ 79,900 total
Footnotes (2)
- [F1]Represents award of time-based restricted stock units (RSUs) pursuant to the Coastal Financial Corporation 2018 Omnibus Incentive Plan. The RSUs vest in approximately equal installments over four years. Each restricted stock unit represents the right to receive one share of common stock upon vesting.
- [F2]Includes the following pursuant to the 2018 Coastal Financial Corporation Omnibus Incentive Plan: (1) 14,536 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) 2,714 RSUs that vest in approximately equal installments over 4 years (4) 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. (5) 502 RSUs that vest in three approximately equal annual remaining installments. Each RSU represents the right to receive one share of common stock upon vesting.