Form 4: Director Rilla S. Delorier Receives Coastal Financial Stock

Director Rilla S. Delorier was granted 1,193 shares of Coastal Financial Corp common stock as part of an incentive plan.

Summary

• Director Rilla S. Delorier acquired 1,193 shares of Coastal Financial Corp (CCB) common stock.
• The shares were granted as restricted stock under the 2018 Omnibus Incentive Plan.
• The transaction occurred on May 26, 2026, at a price of $0 per share.
• Following this transaction, the director's total beneficial ownership is 6,584 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.

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 incentivize long-term performance and align leadership with shareholder value.

Comparison to Industry Standards

• The use of restricted stock units for director compensation is consistent with standard practices among U.S. regional banking institutions.

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