Joel G. Edwards - 16 May 2025 Form 4 Insider Report for COASTAL FINANCIAL CORP (CCB)

Role: Chief Financial Officer
Signature: /s/ Melisa Nelson, as Attorney-in-fact
Issuer symbol: CCB
Transactions as of: 16 May 2025
Net transactions value: -$276,640
Form type: 4
Filing time: 20 May 2025, 14:06:02 UTC
Previous filing: 07 Feb 2025
Next filing: 23 Jun 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
EDWARDS JOEL G	Chief Financial Officer	C/O 5415 EVERGREEN WAY, EVERETT	/s/ Melisa Nelson, as Attorney-in-fact	20 May 2025	0001260912

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CCB	Common Stock	Sale	$276,640	-3,128	-7%	$88.44	41,387	16 May 2025	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes 10,962 time-based restricted stock units (RSUs) pursuant to the Coastal Financial Corporation 2018 Omnibus Incentive Plan. In accordance with Mr. Edward's retirement and retention agreement the RSUs vest as follows: 2,241 RSUs vest on June 30, 2025; 3,065 RSUs vest on January 25, 2026; 1,424 RSUs vest on February 5, 2026; and 4,232 RSUs vest on April 1, 2026. Each restricted stock unit represents the right to receive one share of common stock upon vesting.

Content

Includes 10,962 time-based restricted stock units (RSUs) pursuant to the Coastal Financial Corporation 2018 Omnibus Incentive Plan. In accordance with Mr. Edward's retirement and retention agreement the RSUs vest as follows: 2,241 RSUs vest on June 30, 2025; 3,065 RSUs vest on January 25, 2026; 1,424 RSUs vest on February 5, 2026; and 4,232 RSUs vest on April 1, 2026. Each restricted stock unit represents the right to receive one share of common stock upon vesting.