---
schema_version: "secwatch.filing_event.v1"
accession: "0001297107-26-000011"
form_type: "8-K"
ticker: "COSO"
cik: "0001297107"
company_name: "CoastalSouth Bancshares, Inc."
filed_at: "2026-07-24T20:15:14+00:00"
generated_at: "2026-07-24T20:16:20.746008+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# CoastalSouth amends bylaws to add exclusive forum and 1% standing requirement for derivative suits

## Summary
- Board approved exclusive forum provision designating Georgia State-wide Business Court for internal entity claims.
- Shareholders must own at least 1% of outstanding shares to have standing to commence derivative proceedings.
- Exclusive forum does not apply to direct claims under federal securities laws (Securities Act or Exchange Act).
- Amendment effective July 23, 2026; full text filed as Exhibit 3.2 to the 8-K.

## SEC filing metadata
- accession: 0001297107-26-000011
- form_type: 8-K
- ticker: COSO
- cik: 0001297107
- company_name: CoastalSouth Bancshares, Inc.
- filed_at: 2026-07-24T20:15:14+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1297107/000129710726000011/0001297107-26-000011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1297107/000129710726000011/coso-20260723.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001297107-26-000011
- JSON: https://secwatch.observer/filing/0001297107-26-000011.json
- Plain text: https://secwatch.observer/filing/0001297107-26-000011.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.