---
schema_version: "secwatch.filing_event.v1"
accession: "0001437958-24-000080"
form_type: "8-K"
ticker: "CCB"
cik: "0001437958"
company_name: "COASTAL FINANCIAL CORP"
filed_at: "2024-05-28T23:59:59+00:00"
generated_at: "2026-06-01T07:57:16.921345+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# Coastal Financial Corp shareholders elect directors, approve say-on-pay at 2024 annual meeting

## Summary
- Elected Sadhana Akella-Mishra, Brian Hamilton, Eric Sprink, Pamela Unger as directors for three-year terms until 2027.
- Advisory vote on executive compensation approved: 9,266,515 for, 119,619 against, 1,157,799 broker non-votes.
- Shareholders selected one-year frequency for future advisory votes on executive compensation (9,160,719 votes for 1 year).
- Ratified Moss Adams LLP as independent auditor for FY2024: 10,734,192 for, 30,711 against.
- Quorum of 10,769,678 shares (~80.4% of voting power) present at meeting.

## SEC filing metadata
- accession: 0001437958-24-000080
- form_type: 8-K
- ticker: CCB
- cik: 0001437958
- company_name: COASTAL FINANCIAL CORP
- filed_at: 2024-05-28T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1437958/000143795824000080/0001437958-24-000080-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1437958/000143795824000080/ck1437958-20240522.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437958-24-000080
- JSON: https://secwatch.observer/filing/0001437958-24-000080.json
- Plain text: https://secwatch.observer/filing/0001437958-24-000080.txt

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