Hamilton Brian T 4
4 · COASTAL FINANCIAL CORP · Filed Jul 1, 2026
Research Summary
AI-generated summary of this filing
Coastal Financial (CCB) President Brian T. Hamilton Sells 229 Shares
What Happened
Brian T. Hamilton, President of CCBX and a director of Coastal Financial Corp. (CCB), disposed of 229 shares on July 1, 2026. The shares were transferred at $77.72 each for a total of $17,798. The transaction is reported as a tax-withholding disposition (code F) tied to the partial vesting of restricted stock units (RSUs).
Key Details
- Transaction date and price: 2026-07-01 at $77.72 per share; total value $17,798.
- Transaction type: Code F — shares surrendered/used to satisfy withholding taxes upon RSU vesting.
- Plan/authorization: Occurred pursuant to a Rule 10b5-1 trading plan adopted by the reporting person (footnote F1).
- Ownership after transaction: The filing did not state total common shares owned after this withholding sale.
- Notable holdings (from filing footnote F2): 30,426 RSUs referenced under the 2018 Omnibus Incentive Plan (various schedules) including 15,000 performance-based RSUs potentially vesting on 4/30/2028 subject to ROE goals.
- Filing timeliness: Reported on 2026-07-01 (same date as the transaction), which indicates a timely filing.
Context
This was a routine tax-withholding sale tied to RSU vesting, not an open-market sale intended to take profits or signal a change in conviction. Such dispositions (code F) are common when companies or executives satisfy tax obligations upon vesting; they do not necessarily reflect the insider’s view on the company’s prospects.
Insider Transaction Report
- Tax Payment
Common Stock
[F1][F2]2026-07-01$77.72/sh−229$17,798→ 67,112 total
Footnotes (2)
- [F1]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.
- [F2]Includes the following pursuant to the 2018 Coastal Financial Corporation Omnibus Incentive Plan: (1) 12,210 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. Each RSU represents the right to receive one share of common stock upon vesting.