secwatch.observer — SEC 8-K summary
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Issuer:     CoastalSouth Bancshares, Inc. (COSO)
CIK:        0001297107
Form:       8-K
Filed at:   2025-11-19T23:59:59+00:00
Accession:  0001193125-25-288330
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Director Boris Gutin resigns from CoastalSouth board effective Nov. 19, 2025
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- Boris Gutin resigned from the Board, effective November 19, 2025.
- He was originally designated by GCP Capital Partners, an investor in the company's 2017 recapitalization.
- Resignation due to GCP's practice of not having representatives on public company boards after the IPO.
- Gutin expressed strong support for the company; resignation not due to any disagreement.
- Board thanked Gutin for his dedicated service and contributions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1297107/000119312525288330/0001193125-25-288330-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1297107/000119312525288330/coso-20251118.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-288330

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer