Rivas Freddy I sold CCB
August 3, 2026 · Form 4 insider transaction
Rivas Freddy I sold 166 shares of Coastal Financial Corporation at $41.80 per share, a transaction worth $6.9K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 1 day after the transaction.
Footnotes
Represents shares sold in payment of withholding taxes upon partial vesting of RSUs.; Includes 3,002 time-based restricted stock units (RSUs) granted pursuant to the Coastal Financial Corporation 2018 Omnibus Incentive Plan. 2,063 RSUs vest in three approximately equal remaining installments; and 939 RSUs vest in four approximately equal remaining installments. Also includes 8,250 performance-based restricted stock units, which are eligible to vest during the period beginning July 31, 2026 and ending July 31, 2029, with the number of units that vest dependent on the achievement of specified performance goals. Each restricted stock unit represents the right to receive one share of common stock upon vesting.