COASTAL FINANCIAL (CCB) President Brian T. Hamilton Sells 233 Shares

What Happened
Brian T. Hamilton, President of CCBX and a director of Coastal Financial Corporation (CCB), disposed of 233 shares on 2026-10-01 at $39.46 per share, generating proceeds of approximately $9,195. The sale was reported as a tax-withholding transaction related to the partial vesting of restricted stock units (RSUs), not an open-market investment decision.

Key Details

• Transaction date: 2026-10-01
• Transaction type/code: F (payment of exercise price or tax liability / tax withholding)
• Shares sold/disposed: 233 shares at $39.46 each; total ~ $9,195
• Shares owned after transaction: Not specified in the Form 4 provided
• Notable footnotes:
  • F1: Sale represents shares sold to cover withholding taxes upon partial RSU vesting.
  • F2: The sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
  • F3: Outstanding/vesting RSU detail per the 2018 Omnibus Incentive Plan:
    • 10,466 RSUs vesting monthly in roughly equal amounts through April 30, 2028
    • 2,714 RSUs vesting in approximately equal installments over 4 years
    • 502 RSUs vesting in approximately equal installments over 3 years
    • 15,000 performance-based RSUs eligible to vest on April 30, 2028 subject to ROE criteria
    • Each RSU equals one share upon vesting
• Filing timeliness: Form 4 filed with a report date of 2026-10-01 (appears timely based on provided data).

Context
This was a routine tax-withholding sale tied to RSU vesting (a common administrative action). The use of a pre-established Rule 10b5-1 plan indicates the sale schedule was set in advance. Such withholding sales generally do not indicate a deliberate market-timing decision by the insider.