Coastal Financial appoints Brandon Soto as CFO, effective October 1, 2025

COASTAL FINANCIAL CORP

Brandon Soto appointed CFO, succeeding Joel Edwards; effective Oct 1, 2025.
Compensation: $500K base salary, $15K signing bonus, 18K RSUs, 15K performance-based PSUs with stock price hurdles.
Prior role: CFO of Square Financial Services (Block, Inc.) for 7 years, oversaw bank charter approvals and financial operations.
Employment agreement: 4-year initial term, includes non-compete and confidentiality provisions.
Soto has over 20 years experience in fintech and banking, including Green Dot Bank and Sallie Mae Bank.

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