---
schema_version: "secwatch.filing_event.v1"
accession: "0001437958-25-000157"
form_type: "8-K"
ticker: "CCB"
cik: "0001437958"
company_name: "COASTAL FINANCIAL CORP"
filed_at: "2025-09-22T23:59:59+00:00"
generated_at: "2026-05-17T05:57:49.482635+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001437958-25-000157
- form_type: 8-K
- ticker: CCB
- cik: 0001437958
- company_name: COASTAL FINANCIAL CORP
- filed_at: 2025-09-22T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1437958/000143795825000157/0001437958-25-000157-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1437958/000143795825000157/ck1437958-20250922.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437958-25-000157
- JSON: https://secwatch.observer/filing/0001437958-25-000157.json
- Plain text: https://secwatch.observer/filing/0001437958-25-000157.txt

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