secwatch.observer — SEC 8-K summary
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Issuer:     COASTAL FINANCIAL CORP (CCB)
CIK:        0001437958
Form:       8-K
Filed at:   2026-05-29T20:31:38+00:00
Accession:  0001437958-26-000043
Event type: other_material
Sentiment:  neutral
Materiality: 0.15
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1437958/000143795826000043/0001437958-26-000043-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1437958/000143795826000043/ck1437958-20260527.htm
  HTML page:      https://secwatch.observer/filing/0001437958-26-000043

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