Hamilton Brian T 4

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.