Coastal Financial Corp Director Rilla Delorier Receives 1,193 Restricted Stock Units

Rilla S. Delorier, a director of Coastal Financial Corporation (ticker: CCB), received an award of 1,193 restricted stock units on May 26, 2026, pursuant to the company's 2018 Omnibus Incentive Plan. The award was granted at $0.00 per share, bringing Delorier's total holdings to 6,584 shares of common stock. According to footnote F1, these restricted stock units vest one day prior to the company's 2027 Annual Shareholder Meeting, indicating a vesting schedule tied to a future corporate event. The filing was submitted as a Form 4, which reports changes in beneficial ownership by corporate insiders, and was signed by attorney-in-fact Melisa Nelson on May 28, 2026. This transaction represents a standard equity compensation arrangement for board members, with the zero-cost basis typical for restricted stock awards granted to directors as part of their compensation package.