secwatch.observer — SEC 8-K summary
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Issuer:     COASTAL FINANCIAL CORP (CCB)
CIK:        0001437958
Form:       8-K
Filed at:   2024-05-28T23:59:59+00:00
Accession:  0001437958-24-000080
Event type: other
Sentiment:  neutral
Materiality: 0.15
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1437958/000143795824000080/0001437958-24-000080-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1437958/000143795824000080/ck1437958-20240522.htm
  HTML page:      https://secwatch.observer/filing/0001437958-24-000080

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