Coastal Financial (CCB) Director Brian Hamilton Withholds 232 Shares

What Happened Brian T. Hamilton, President of CCBX and a director of Coastal Financial Corporation (CCB), had 232 shares withheld to cover withholding taxes upon the partial vesting of restricted stock units (RSUs). The shares were valued at $46.85 each for a total of $10,869. This was a tax-withholding event (transaction code F), not an open-market sale or purchase.

Key Details

• Transaction date: 2026-09-01; price per share: $46.85; shares withheld: 232; total value: $10,869.
• Transaction code F = shares withheld to pay tax liability on vested RSUs (routine, not a market sale).
• Footnote F1: confirms the shares were withheld to pay withholding taxes on partial RSU vesting.
• Footnote F2: states any sales reported in the same Form 4 (if present) were effected under a Rule 10b5-1 plan — not directly related to this withholding.
• Footnote F3: details the reporting person’s RSU holdings/vesting schedules (11,047 RSUs vesting monthly through Apr 30, 2028; 2,714 RSUs vesting over 4 years; 502 over 3 years; and 15,000 performance-based RSUs eligible to vest Apr 30, 2028 subject to ROE performance).
• Filing appears timely (report and transaction dated 2026-09-01).

Context Tax-withholding by withholding vested RSU shares is a routine issuer-side action to satisfy tax liabilities and does not represent an insider selling shares on the market or a bullish purchase. The amount is modest relative to typical open-market trades and should be viewed as administrative (tax-related) rather than a signal of insider sentiment.