Form 4: CoastalSouth Bancshares CEO Stephen Stone Increases Stake with Significant Stock Purchase
Insider Trading Report
CoastalSouth Bancshares, Inc. President and CEO Stephen R. Stone purchased 2,200 shares of common stock at $21.5 per share, increasing his direct beneficial ownership to 120,185 shares.
Summary
- Stephen R. Stone, who serves as President and CEO and a Director of CoastalSouth Bancshares, Inc. (COSO), acquired additional shares of the company's common stock.
- On July 2, 2025, Mr. Stone purchased 2,200 shares of Common Stock.
- The acquisition price for these shares was $21.5 per share.
- Following this transaction, Mr. Stone directly beneficially owns 120,185 shares of Common Stock.
- Additionally, Mr. Stone indirectly beneficially owns 4,830 shares of Common Stock through an IRA.
Sentiment
Score: 8
Explanation: The purchase of shares by the President and CEO indicates strong insider confidence, which is generally a positive signal for investors.
Positives
- The President and CEO, Stephen R. Stone, increased his direct ownership in CoastalSouth Bancshares, Inc. by purchasing 2,200 shares.
- This insider purchase at $21.5 per share signals management's confidence in the company's future prospects and valuation.
Future Outlook
NA
Industry Context
NA
Related Party Transactions
- Stephen R. Stone, President and CEO, and a Director of CoastalSouth Bancshares, Inc., purchased 2,200 shares of the company's common stock, which constitutes an insider transaction.
Stakeholder Impact
- Shareholders may view the insider purchase as a positive signal, potentially increasing confidence in the company's stock.
- Employees may perceive increased stability and confidence from leadership's investment in the company.
Key Dates
| Date | Description |
|---|---|
| 07/02/2025 | Date of transaction where Stephen R. Stone acquired 2,200 shares of Common Stock. |
| 07/07/2025 | Date the Form 4 was signed by the attorney-in-fact for Stephen R. Stone. |
Recommendation
buyKeywords
CoastalSouth Bancshares, COSO, Stephen R. Stone, Insider Purchase, Stock Acquisition, CEO Stock Purchase, Director Stock Purchase, SEC Form 4, Common Stock, Financial Services, Banking
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.