Hamilton Brian T 4
4 · COASTAL FINANCIAL CORP · Filed May 1, 2026
Research Summary
AI-generated summary of this filing
Coastal Financial (CCB) President Brian Hamilton Sells 3,079 Shares
What Happened Brian T. Hamilton, President of CCBX and a director of Coastal Financial Corporation (CCB), sold 3,079 shares in an open-market transaction on 2026-05-01 at $75.44 per share, generating proceeds of about $232,273. On the same date 230 shares were disposed at $75.44 (≈ $17,351) to satisfy tax withholding upon partial vesting of restricted stock units (RSUs). Total shares disposed that day were 3,309 for roughly $249,624. The open-market sales were made pursuant to a pre-established Rule 10b5-1 trading plan.
Key Details
- Transaction date: 2026-05-01. Price per share: $75.44.
- Open-market sale (S): 3,079 shares — proceeds ≈ $232,273.
- Tax withholding (F): 230 shares sold to cover RSU withholding — ≈ $17,351.
- Total shares disposed: 3,309; total proceeds ≈ $249,624.
- Filing: Form 4 filed with accession 0002005790-26-000016 on 2026-05-01 (reporting date same as transaction).
- Shares owned after the transactions: not specified in the data provided in this summary.
- Footnotes: (F1) sales effected under a Rule 10b5-1 plan; (F2) 230-share sale was for RSU tax withholding; (F3) Hamilton holds multiple RSU grants with various vesting schedules (details in filing).
Context
- These were sales, not purchases—sales under a 10b5-1 plan and tax-withholding sales on RSU vesting are commonly routine and preplanned, reducing their implication about nonpublic company knowledge.
- The filing also lists outstanding RSU awards (including time- and performance-based RSUs), some vesting through 2028; the 230-share sale reflects withholding for vested RSUs rather than a separate discretionary sale.
- Purchases would typically be seen as stronger bullish signals; this filing documents routine monetization of equity compensation under a prearranged plan.
Insider Transaction Report
Form 4
Hamilton Brian T
DirectorPresident of CCBX
Transactions
- Tax Payment
Common Stock
[F1][F2][F3]2026-05-01$75.44/sh−230$17,351→ 77,650 total - Sale
Common Stock
[F1][F3]2026-05-01$75.44/sh−3,079$232,273→ 74,571 total
Footnotes (3)
- [F1]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 plan adopted by the reporting person.
- [F2]Represents shares sold in payment of withholding taxes upon partial vesting of RSUs.
- [F3]Includes the following pursuant to the 2018 Coastal Financial Corporation Omnibus Incentive Plan: (1) 13,373 restricted stock units (RSUs) with remaining shares vesting monthly in an approximately equal amount through April 30, 2028 (2) 2,714 RSUs that vest in approximately equal installments over 4 years (3) 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. (4) 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.
Signature
/s/ Melisa Nelson, as Attorney-in-fact|2026-05-01