Hamilton Brian T 4

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.