Form 4: Coastal Financial Director Buys Shares
Insider Transaction (Form 4)
Steven D Hovde, a Director and 10% owner of Coastal Financial Corp, purchased 15,000 shares of common stock on August 5, 2026.
Summary
- Open-market purchase: acquired 5,000 Common Stock at $44.00 ($220,000) on August 5, 2026; holds 16,500 after (Indirect).
- Open-market purchase: acquired 10,000 Common Stock at $43.83 ($438,250) on August 6, 2026; holds 26,500 after (Indirect).
Sentiment
Score: 8
Explanation: StockSavvy.ai views this as a bullish signal: an insider made an open-market purchase of $658,250, committing personal capital to the stock.
Insider Transactions
Steven D Hovde — Director, 10% owner
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-05 | Open-market purchase | Common Stock | 5,000 | $44 | $220.0K | 16,500 |
| 2026-08-06 | Open-market purchase | Common Stock | 10,000 | $44 | $438.3K | 26,500 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-05 | Open-market purchase (5,000 shares) |
| 2026-08-06 | Open-market purchase (10,000 shares) |
Keywords
insider transaction, Form 4, CCB, COASTAL FINANCIAL CORP, bullish, Steven D Hovde
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