Form 4: Coastal Financial Director Receives Stock Grant

Director Gregory A. Tisdel acquired 1,193 shares of Coastal Financial Corp common stock via a restricted stock grant.

Summary

• Director Gregory A. Tisdel was granted 1,193 shares of Coastal Financial Corp (CCB) common stock.
• The transaction occurred on May 26, 2026.
• The shares were granted at a price of $0 as part of an incentive plan.
• Following this transaction, the director's total beneficial ownership is 16,174 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation, which is neutral in terms of market impact.

Positives

• Alignment of director interests with shareholders through equity-based compensation.
• Increase in total beneficial ownership by the director.

Negatives

• None identified.

Risks

• Vesting of the restricted stock is contingent upon the director's continued service until the 2027 Annual Shareholder Meeting.

Future Outlook

The restricted stock is scheduled to vest one day prior to the issuer's 2027 Annual Shareholder Meeting.

Industry Context

StockSavvy.ai notes that equity grants to directors are standard corporate governance practices designed to align leadership incentives with long-term shareholder value in the regional banking sector.

Comparison to Industry Standards

• The use of restricted stock units (RSUs) for director compensation is consistent with standard practices among publicly traded financial institutions.
• The vesting schedule tied to the annual meeting is a common retention mechanism in the banking industry.

Corporate Governance

Stakeholder Impact

• Shareholders benefit from increased director alignment with company performance.

Next Steps

• Vesting of the 1,193 shares one day prior to the 2027 Annual Shareholder Meeting.

Key Dates

Keywords

Coastal Financial Corp, CCB, Form 4, Insider Trading, Director Compensation, Equity Grant