Hamilton Brian T 4

What Happened Brian T. Hamilton, President of CCBX and a director of Coastal Financial Corp (CCB), had 1,792 shares disposed on 2026-03-30 at $73.73 per share for a total of $132,116. This disposition was a tax-withholding sale tied to partial vesting of performance stock units (PSUs), not a market-driven cash purchase—so it is a routine sale to satisfy tax obligations.

Key Details

• Transaction date: 2026-03-30; Price: $73.73; Shares disposed: 1,792; Gross value: $132,116.
• Transaction code: F (payment of exercise price or tax liability); sale effected pursuant to a Rule 10b5-1 plan (Footnote F1).
• Reason: Shares sold to pay withholding taxes on partial vesting of PSUs (Footnote F2).
• Shares owned after transaction: filing does not list total common shares beneficially owned after this sale. Filing does disclose unvested equity awards (see below).
• Filing date: 2026-03-31 for a 2026-03-30 transaction — appears timely (not late).

Context The filing shows unvested equity awards under the 2018 Omnibus Incentive Plan totaling 32,752 units: 14,536 RSUs vesting monthly through ~April 30, 2028; 2,714 RSUs vesting over ~4 years; 15,000 performance-based RSUs eligible to vest on April 30, 2028 contingent on ROE vs. peers; and 502 RSUs vesting in three remaining annual installments (each RSU converts to one share at vesting). The reported sale was a routine tax-withholding disposition tied to PSU vesting and executed under a pre-established 10b5-1 plan, so it generally does not indicate a new change in insider sentiment.