Hamilton Brian T 4
Research Summary
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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.