{"version":"company-facts.v1","source":"https://secwatch.observer","generated_at":"2026-06-03T17:09:35.545327+00:00","company":{"ticker":"CCB","cik":1437958,"company_name":"COASTAL FINANCIAL CORP"},"pagination":{"limit":100,"returned":11,"next_cursor":null},"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer","facts":[{"fact_type":"shareholder_vote","fact_key":"8f0c0d5d14502ac940a1752719eb6348686b0c6c","cik":1437958,"ticker":"CCB","company_name":"COASTAL FINANCIAL CORP","filed_at":"2026-05-29T20:31:38+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2026-05-27","outcome":"passed","proposal_text":"Advisory non-binding vote on executive compensation","proposal_type":"say_on_pay","results":[{"broker_non_votes":"1,107,321","subject":null,"votes_abstain":"140,608","votes_against":"344,062","votes_for":"12,261,568","votes_withheld":null}]},"claim":"COASTAL FINANCIAL CORP shareholders approved Advisory non-binding vote on executive compensation at the 2026-05-27 meeting.","evidence_excerpt":"The advisory non-binding vote on executive compensation paid to our named executive officers was approved by the shareholders by the following vote: FOR AGAINST ABSTAIN 12,261,568 344,062 140,608 There were 1,107,321 broker non-votes on the proposal.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001437958-26-000043","anchor_url":"https://secwatch.observer/filing/0001437958-26-000043#claim-8f0c0d5d14502ac940a1752719eb6348686b0c6c","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1437958/000143795826000043/0001437958-26-000043-index.htm"},{"fact_type":"shareholder_vote","fact_key":"6b776df55f94bfffd760859508211556158b68ea","cik":1437958,"ticker":"CCB","company_name":"COASTAL FINANCIAL CORP","filed_at":"2026-05-29T20:31:38+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2026-05-27","outcome":"passed","proposal_text":"Selection of Baker Tilly US, LLP as independent registered public accounting firm for fiscal year ending December 31, 2026","proposal_type":"auditor_ratification","results":[{"broker_non_votes":"2","subject":null,"votes_abstain":"1,162","votes_against":"41,938","votes_for":"13,810,457","votes_withheld":null}]},"claim":"COASTAL FINANCIAL CORP shareholders approved Selection of Baker Tilly US, LLP as independent registered public accounting firm for fiscal year ending December 31, 2026 at the 2026-05-27 meeting.","evidence_excerpt":"The selection of Baker Tilly US, LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026 was ratified by the shareholders by the following vote: FOR AGAINST ABSTAIN 13,810,457 41,938 1,162 There were 2 broker non-votes on the proposal.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001437958-26-000043","anchor_url":"https://secwatch.observer/filing/0001437958-26-000043#claim-6b776df55f94bfffd760859508211556158b68ea","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1437958/000143795826000043/0001437958-26-000043-index.htm"},{"fact_type":"shareholder_vote","fact_key":"e011e285b37288ee935d4f25e4ddedc58ec7744b","cik":1437958,"ticker":"CCB","company_name":"COASTAL FINANCIAL CORP","filed_at":"2026-05-29T20:31:38+00:00","payload":{"item_codes_triggered":["5.07"],"meeting_date":"2026-05-27","outcome":"passed","proposal_text":"Election of directors","proposal_type":"director_election","results":[{"broker_non_votes":"1,107,319","subject":"Rilla R. Delorier","votes_abstain":null,"votes_against":null,"votes_for":"11,904,655","votes_withheld":"841,585"},{"broker_non_votes":"1,107,321","subject":"Steven D. Hovde","votes_abstain":null,"votes_against":null,"votes_for":"6,374,067","votes_withheld":"6,372,171"},{"broker_non_votes":"1,107,320","subject":"Michael R. Patterson","votes_abstain":null,"votes_against":null,"votes_for":"11,913,486","votes_withheld":"832,753"},{"broker_non_votes":"1,107,321","subject":"Gregory A. Tisdel","votes_abstain":null,"votes_against":null,"votes_for":"11,098,242","votes_withheld":"1,647,996"}]},"claim":"COASTAL FINANCIAL CORP shareholders approved Election of directors at the 2026-05-27 meeting.","evidence_excerpt":"The following individuals were elected as directors of the Company. Rilla R. Delorier, Steven D. Hovde, Michael R. Patterson and Gregory A. Tisdel to the class of Directors to serve for a three year term until the 2029 annual meeting of shareholders and Jeffrey M. Chapman to the class of Directors to serve for a two year term until the 2028 annual meeting of shareholders, or until their successors are elected and qualified, by the following vote: Director nominees For Withheld Broker Non-Votes Rilla R. Delorier 11,904,655 841,585 1,107,319 Steven D. Hovde 6,374,067 6,372,171 1,107,321 Michael R. Patterson 11,913,486 832,753 1,107,320 Gregory A. Tisdel 11,098,242 1,647,996 1,107,321","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001437958-26-000043","anchor_url":"https://secwatch.observer/filing/0001437958-26-000043#claim-e011e285b37288ee935d4f25e4ddedc58ec7744b","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1437958/000143795826000043/0001437958-26-000043-index.htm"},{"fact_type":"earnings_release","fact_key":"8724eb8cc1d55df8ae8a92b4f687864c30203ddc","cik":1437958,"ticker":"CCB","company_name":"COASTAL FINANCIAL CORP","filed_at":"2026-04-29T23:59:59+00:00","payload":{"eps_text":"$0.78 per diluted common share","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$12.0 million","period_text":"quarter ended March 31, 2026","report_date":"2026-04-29","result_type":"reported_results","revenue_text":null},"claim":"COASTAL FINANCIAL CORP reported quarter ended March 31, 2026 results: net income $12.0 million, EPS $0.78 per diluted common share.","evidence_excerpt":"today reported unaudited financial results for the quarter ended March 31, 2026, including net income of $12.0 million, or $0.78 per diluted common share","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001437958-26-000031","anchor_url":"https://secwatch.observer/filing/0001437958-26-000031#claim-8724eb8cc1d55df8ae8a92b4f687864c30203ddc","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1437958/000143795826000031/0001437958-26-000031-index.htm"},{"fact_type":"auditor_change","fact_key":"78cee055efa049ba9839f6fee02b0762268ace49","cik":1437958,"ticker":"CCB","company_name":"COASTAL FINANCIAL CORP","filed_at":"2025-06-04T23:59:59+00:00","payload":{"action":"engagement","auditor_name":"Baker Tilly US, LLP","disagreement_text":null,"effective_date":"2025-06-03","item_codes_triggered":["4.01"],"non_reliance_signal":"none","successor_auditor_name":null},"claim":"COASTAL FINANCIAL CORP engaged Baker Tilly US, LLP as its auditor.","evidence_excerpt":"the Audit Committee of the Company’s Board of Directors approved the appointment of Baker Tilly, as the successor to Moss Adams, as the Company’s independent registered public accounting firm","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001437958-25-000130","anchor_url":"https://secwatch.observer/filing/0001437958-25-000130#claim-78cee055efa049ba9839f6fee02b0762268ace49","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1437958/000143795825000130/0001437958-25-000130-index.htm"},{"fact_type":"auditor_change","fact_key":"3932cfc899aeddd908eca51adce0e1d09413dcfd","cik":1437958,"ticker":"CCB","company_name":"COASTAL FINANCIAL CORP","filed_at":"2025-06-04T23:59:59+00:00","payload":{"action":"resignation","auditor_name":"Moss Adams LLP","disagreement_text":null,"effective_date":"2025-06-03","item_codes_triggered":["4.01"],"non_reliance_signal":"none","successor_auditor_name":"Baker Tilly US, LLP"},"claim":"Moss Adams LLP resigned as auditor of COASTAL FINANCIAL CORP.","evidence_excerpt":"⃞ Item 4.01 Changes in Registrant’s Certifying Accountant On June 3, 2025, Coastal Financial Corporation, (the \"Company\") was notified that Moss Adams LLP (\"Moss Adams\"), the Company's independent registered public accounting firm, merged with Baker Tilly US, LLP effective on June 3, 2025.","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001437958-25-000130","anchor_url":"https://secwatch.observer/filing/0001437958-25-000130#claim-3932cfc899aeddd908eca51adce0e1d09413dcfd","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1437958/000143795825000130/0001437958-25-000130-index.htm"},{"fact_type":"governance_change","fact_key":"2de5a1351350a20b2cc490b3f696106b7f377596","cik":1437958,"ticker":"CCB","company_name":"COASTAL FINANCIAL CORP","filed_at":"2025-06-03T23:59:59+00:00","payload":{"change_type":"bylaw_amendment","effective_date":"2025-05-28","item_codes_triggered":["5.03"],"summary_text":"Amended bylaws to remove director age limit, allow board to amend bylaws affecting director qualifications, and add detailed advance notice requirements for shareholder proposals and director nominations."},"claim":"COASTAL FINANCIAL CORP: Amended bylaws to remove director age limit, allow board to amend bylaws affecting director qualifications, and add detailed advance notice requirements for shareholder proposals and director nominations (effective 2025-05-28).","evidence_excerpt":"At the 2025 annual meeting of shareholders on May 28, 2025 (the “Annual Meeting”), the shareholders of Coastal Financial Corporation (the “Company”) approved amendments to the Company’s Amended and Restated Bylaws which (i) removed Section 2.3 which prohibited the nomination, election, re-election or appointment of a person to the Board of Directors who is or will be 72 years old or older during his or her proposed term of office and (ii) amended Section 9.2 to permit the Board of Directors to amend, alter, or repeal any Bylaws in a manner that would affect the qualifications or term of office of the directors. In addition, on May 28, 2025, the Board of Directors of the Company approved amendments to the Amended and Restated Bylaws to include more detailed advance notice and disclosure requirements for shareholder proposals and director nominations, including expanded information about shareholders, nominees, and associated persons, as well as new requirements for proxy solicitation an","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001437958-25-000127","anchor_url":"https://secwatch.observer/filing/0001437958-25-000127#claim-2de5a1351350a20b2cc490b3f696106b7f377596","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1437958/000143795825000127/0001437958-25-000127-index.htm"},{"fact_type":"executive_change","fact_key":"2319bffb1e","cik":1437958,"ticker":"CCB","company_name":"COASTAL FINANCIAL CORP","filed_at":"2025-05-07T23:59:59+00:00","payload":{"action":"intention to retire","action_category":"departure","departure_tone":"retirement","effective_date":null,"interim":false,"role":"Executive Vice President and Chief Financial Officer","role_category":"cfo","successor_name":null,"successor_named":false},"claim":"Joel G. Edwards departed as Executive Vice President and Chief Financial Officer at COASTAL FINANCIAL CORP.","evidence_excerpt":"On May 7, 2025, Joel G. Edwards, Executive Vice President and Chief Financial Officer of Coastal Financial Corporation (the “Company”), informed the Company of his intention to retire upon the appointment of a new Chief Financial Officer of the Company or if earlier, October 1, 2025.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001437958-25-000087","anchor_url":"https://secwatch.observer/filing/0001437958-25-000087#claim-2319bffb1e","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1437958/000143795825000087/0001437958-25-000087-index.htm"},{"fact_type":"executive_change","fact_key":"909d310aa4","cik":1437958,"ticker":"CCB","company_name":"COASTAL FINANCIAL CORP","filed_at":"2024-10-03T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2024-09-30","interim":false,"role":"Chief Technology Officer","role_category":"other_named_officer","successor_name":null,"successor_named":false},"claim":"Michael Barreiro was appointed as Chief Technology Officer at COASTAL FINANCIAL CORP.","evidence_excerpt":"Michael Barreiro, who has extensive experience as a software engineer and technology executive and has worked alongside Mr. Hamilton at Azlo and ONE, was appointed as the Bank’s Chief Technology Officer on September 30, 2024.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001437958-24-000134","anchor_url":"https://secwatch.observer/filing/0001437958-24-000134#claim-909d310aa4","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1437958/000143795824000134/0001437958-24-000134-index.htm"},{"fact_type":"executive_change","fact_key":"9236ebe3ba","cik":1437958,"ticker":"CCB","company_name":"COASTAL FINANCIAL CORP","filed_at":"2024-10-03T23:59:59+00:00","payload":{"action":"appointed","action_category":"appointment","departure_tone":"not_applicable","effective_date":"2024-09-30","interim":false,"role":"President of CCBX","role_category":"president","successor_name":null,"successor_named":false},"claim":"Brian Hamilton was appointed as President of CCBX at COASTAL FINANCIAL CORP.","evidence_excerpt":"On September 30, 2024, Coastal Community Bank (the “Bank”), a subsidiary of Coastal Financial Corporation (the “Company”), appointed Brian Hamilton, a current member of the Company’s Board of Directors, as President of CCBX, the FinTech and banking-as-a-service division of the Bank.","confidence":0.95,"filing_url":"https://secwatch.observer/filing/0001437958-24-000134","anchor_url":"https://secwatch.observer/filing/0001437958-24-000134#claim-9236ebe3ba","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1437958/000143795824000134/0001437958-24-000134-index.htm"},{"fact_type":"earnings_release","fact_key":"c1223d26b96eb8ca2301666659f171934d346fdc","cik":1437958,"ticker":"CCB","company_name":"COASTAL FINANCIAL CORP","filed_at":"2024-04-29T23:59:59+00:00","payload":{"eps_text":"$0.50 per diluted common share","guidance_signal":"none","item_codes_triggered":["2.02"],"net_income_text":"$6.8 million","period_text":"the quarter ended March 31, 2024","report_date":"2024-04-29","result_type":"reported_results","revenue_text":"$60,936"},"claim":"COASTAL FINANCIAL CORP reported the quarter ended March 31, 2024 results: revenue $60,936, net income $6.8 million, EPS $0.50 per diluted common share.","evidence_excerpt":"Three Months Ended Non-GAAP Reconciliation of Unanticipated Expenses March 31, 2024 (dollars in thousands; unaudited) Actual Unanticipated Expenses Adjusted Net interest income $ 60,936 $ — $ 60,936 Provision for credit losses (83,158) (1,096) (82,062) Noninterest income 86,955 — 86,955 Noninterest expense (1) (56,018) (1,915) (54,103) Income before provision for","confidence":0.9,"filing_url":"https://secwatch.observer/filing/0001437958-24-000069","anchor_url":"https://secwatch.observer/filing/0001437958-24-000069#claim-c1223d26b96eb8ca2301666659f171934d346fdc","edgar_index_url":"https://www.sec.gov/Archives/edgar/data/1437958/000143795824000069/0001437958-24-000069-index.htm"}]}