secwatch.observer — SEC 8-K summary
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Issuer:     COASTAL FINANCIAL CORP (CCB)
CIK:        0001437958
Form:       8-K
Filed at:   2024-10-03T23:59:59+00:00
Accession:  0001437958-24-000134
Event type: leadership
Sentiment:  positive
Materiality: 0.60
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Coastal Financial appoints Brian Hamilton as President of CCBX, its fintech division
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- Brian Hamilton appointed President of CCBX, Coastal's FinTech/BaaS division, effective Sept 30, 2024.
- Receives $470k base salary, 25k time-based RSUs, 75k performance-based RSUs tied to stock price ($75/$90/$105) and ROE percentile.
- President role bifurcated; Curt Queyrouze leads community bank division and corporate credit.
- Hamilton is a current board member with 25+ years in fintech, previously CEO of ONE (acquired by Walmart JV).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1437958/000143795824000134/0001437958-24-000134-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1437958/000143795824000134/ck1437958-20240930.htm
  HTML page:      https://secwatch.observer/filing/0001437958-24-000134

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