Hamilton Brian T. - 30 May 2025 Form 4 Insider Report for COASTAL FINANCIAL CORP (CCB)

Signature
/s/ Joel Edwards, as Attorney-in-fact
Issuer symbol
CCB
Transactions as of
30 May 2025
Net transactions value
-$1,256,124
Form type
4
Filing time
02 Jun 2025, 19:36:01 UTC
Previous filing
29 May 2025
Next filing
01 Jul 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Hamilton Brian T President of CCBX, Director 5415 EVERGREEN WAY, EVERETT /s/ Joel Edwards, as Attorney-in-fact 02 Jun 2025 0002005790

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCB Common Stock Tax liability $1,256,124 -14,292 -14% $87.89 87,094 30 May 2025 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld for payment of withholding taxes upon partial vesting of RSU and PSU granted 9/30/2024.
F2 Includes the following pursuant to the 2018 Coastal Financial Corporation Omnibus Incentive Plan: (1) 20,349 restricted stock units (RSUs) with remaining shares vesting monthly in an approximately equal amount through April 30, 2028 (2) Includes 23,226 performance-based RSUs which are eligible to vest on the first day of each month beginning October 1, 2024 until April 30, 2028, the quantity of which is subject to continuous employment and achievement of certain stock price conditions (3) 15,000 performance-based RSUs - eligible to vest on April 30, 2028, subject to subject to continuous employment and achievement of return on equity that is at least 80% of company comparator peer group. (4) 669 RSUs that vest in four approximately equal remaining installments. Each RSU represents the right to receive one share of common stock upon vesting.