secwatch.observer — SEC 8-K summary
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Issuer:     COASTAL FINANCIAL CORP (CCB)
CIK:        0001437958
Form:       8-K
Filed at:   2025-05-30T23:59:59+00:00
Accession:  0001437958-25-000099
Event type: other
Sentiment:  neutral
Materiality: 0.15
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

Coastal Financial shareholders elect directors, approve incentive plan amendment, ratify auditor at 2025 annual meeting
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- All four director nominees elected: Adams (9.97M For), Hovde (10.96M), Klee (10.95M), Lane (7.15M); turnout ~83%.
- Advisory say-on-pay approved: 10.87M For, 616K Against, 40K abstain.
- Second Amendment to 2018 Omnibus Incentive Plan (increase shares) approved: 8.77M For, 2.64M Against.
- Amended and Restated Bylaws approved: 11.52M For, 1,289 Against.
- Ratification of Moss Adams as auditor for FY2025: 12.43M For, 28.7K Against.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1437958/000143795825000099/0001437958-25-000099-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1437958/000143795825000099/ck1437958-20250528.htm
  HTML page:      https://secwatch.observer/filing/0001437958-25-000099

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