secwatch / observer
8-K filed May 29, 2026, 4:31 PM ET ticker CCB CIK 0001437958
other material confidence high sentiment neutral materiality 0.15

Coastal Financial shareholders re-elect Hovde by razor-thin margin at 2026 annual meeting

COASTAL FINANCIAL CORP

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

COASTAL FINANCIAL CORP shareholders approved Selection of Baker Tilly US, LLP as independent registered public accounting firm for fiscal year ending December 31, 2026 at the 2026-05-27 meeting.

Proposal
auditor ratification
Outcome
passed
Meeting
2026-05-27
Exact text from the filing
The selection of Baker Tilly US, LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2026 was ratified by the shareholders by the following vote: FOR AGAINST ABSTAIN 13,810,457 41,938 1,162 There were 2 broker non-votes on the proposal.
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

COASTAL FINANCIAL CORP shareholders approved Advisory non-binding vote on executive compensation at the 2026-05-27 meeting.

Proposal
say on pay
Outcome
passed
Meeting
2026-05-27
Exact text from the filing
The advisory non-binding vote on executive compensation paid to our named executive officers was approved by the shareholders by the following vote: FOR AGAINST ABSTAIN 12,261,568 344,062 140,608 There were 1,107,321 broker non-votes on the proposal.
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

COASTAL FINANCIAL CORP shareholders approved Election of directors at the 2026-05-27 meeting.

Proposal
director election
Outcome
passed
Meeting
2026-05-27
Exact text from the filing
The following individuals were elected as directors of the Company. Rilla R. Delorier, Steven D. Hovde, Michael R. Patterson and Gregory A. Tisdel to the class of Directors to serve for a three year term until the 2029 annual meeting of shareholders and Jeffrey M. Chapman to the class of Directors to serve for a two year term until the 2028 annual meeting of shareholders, or until their successors are elected and qualified, by the following vote: Director nominees For Withheld Broker Non-Votes Rilla R. Delorier 11,904,655 841,585 1,107,319 Steven D. Hovde 6,374,067 6,372,171 1,107,321 Michael R. Patterson 11,913,486 832,753 1,107,320 Gregory A. Tisdel 11,098,242 1,647,996 1,107,321
View on SEC.gov

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COASTAL FINANCIAL CORP filing history →

Source: SEC EDGAR
accession 0001437958-26-000043
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