---
schema_version: "secwatch.filing_event.v1"
accession: "0001437958-26-000043"
form_type: "8-K"
ticker: "CCB"
cik: "0001437958"
company_name: "COASTAL FINANCIAL CORP"
filed_at: "2026-05-29T20:31:38+00:00"
generated_at: "2026-05-29T20:34:45.595567+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- Steven D. Hovde re-elected with 6,374,067 For vs 6,372,171 Withheld; other three directors won by wide margins.
- Baker Tilly US, LLP ratified as auditor for FY 2026: 13,810,457 For, 41,938 Against, 1,162 abstain.
- Advisory say-on-pay approved: 12,261,568 For, 344,062 Against, 140,608 abstain; 1,107,321 broker non-votes.
- Quorum of 13,853,559 shares (~91% voting power) present; all proposals passed.

## SEC filing metadata
- accession: 0001437958-26-000043
- form_type: 8-K
- ticker: CCB
- cik: 0001437958
- company_name: COASTAL FINANCIAL CORP
- filed_at: 2026-05-29T20:31:38+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1437958/000143795826000043/0001437958-26-000043-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1437958/000143795826000043/ck1437958-20260527.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437958-26-000043
- JSON: https://secwatch.observer/filing/0001437958-26-000043.json
- Plain text: https://secwatch.observer/filing/0001437958-26-000043.txt

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