Hamilton Brian T 4
4 · COASTAL FINANCIAL CORP · Filed Jun 2, 2026
Research Summary
AI-generated summary of this filing
Coastal Financial (CCB) President Brian Hamilton Sells 7,000 Shares
What Happened Brian T. Hamilton, President of CCBX and a director of Coastal Financial Corporation (CCB), sold 7,000 shares in an open-market sale on June 2, 2026 at $71.42 per share for a reported total of $499,961. On the same date he also disposed of 230 shares (reported as payment of tax withholding) at $71.42 per share for $16,427. Both transactions are sales (not purchases).
Key Details
- Transaction date: June 2, 2026
- Open-market sale: 7,000 shares @ $71.42 — reported proceeds $499,961 (code S)
- Tax withholding sale: 230 shares @ $71.42 — reported proceeds $16,427 (code F)
- Filing: Reported on Form 4 filed June 2, 2026 (timely; not late)
- Footnotes: Sales were effected pursuant to a pre-established Rule 10b5-1 trading plan (F1). The 230-share disposition represents shares sold to satisfy withholding taxes on partial vesting of RSUs under that plan (F2).
- Shares owned after transaction: Not specified in the provided filing.
Context
- The tax-related sale stems from RSU vesting. The filing lists outstanding RSU awards under the 2018 Omnibus Incentive Plan, including multiple scheduled monthly/annual vesting tranches and 15,000 performance-based RSUs eligible to vest April 30, 2028 (see F3).
- Because the primary sales were made under a Rule 10b5-1 plan (pre-arranged trading plan), they are generally considered routine transactions and limit direct inference about Hamilton’s current view on the stock.
Insider Transaction Report
Form 4
Hamilton Brian T
DirectorPresident of CCBX
Transactions
- Sale
Common Stock
[F1]2026-06-02$71.42/sh−7,000$499,961→ 67,571 total - Tax Payment
Common Stock
[F2][F3]2026-06-02$71.42/sh−230$16,427→ 67,341 total
Footnotes (3)
- [F1]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- [F2]Represents shares sold in payment of withholding taxes upon partial vesting of RSUs pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- [F3]Includes the following pursuant to the 2018 Coastal Financial Corporation Omnibus Incentive Plan: (1) 12,791 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) 502 RSUs that vest in approximately equal installments over 3 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. (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|2026-06-02