Form 4: Coastal Financial Corp Director Tisdel Reports Stock Sale
SEC Form 4 Filing
Gregory A. Tisdel, a director of Coastal Financial Corp, sold 1,600 shares of common stock at a price of $79.07 on April 14, 2025.
Summary
- Gregory A. Tisdel, a director of Coastal Financial Corp, filed a Form 4 indicating changes in beneficial ownership.
- On April 14, 2025, Tisdel sold 1,600 shares of Coastal Financial Corp common stock at $79.07 per share.
- Following the transaction, Tisdel directly owns 14,006 shares of common stock, which includes restricted stock granted under the 2018 Omnibus Incentive Plan.
- 1,375 shares of common stock vest one day prior to the issuer's 2025 Annual Shareholder Meeting.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a stock sale by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to monitor the actions of those with privileged information.
Stakeholder Impact
- Shareholders may interpret the director's stock sale in various ways, potentially affecting investor confidence.
Key Dates
| Date | Description |
|---|---|
| 04/14/2025 | Date of stock sale transaction |
| 04/15/2025 | Date of signature on the Form 4 filing |
Keywords
Form 4, Coastal Financial Corp, CCB, insider trading, beneficial ownership, Tisdel, stock sale, director
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.