---
schema_version: "secwatch.filing_event.v1"
accession: "0001437958-26-000045"
form_type: "8-K"
ticker: "CCB"
cik: "0001437958"
company_name: "COASTAL FINANCIAL CORP"
filed_at: "2026-07-22T23:54:36+00:00"
generated_at: "2026-07-23T10:05:28.971602+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Coastal Financial CFO Brandon Soto to step down Aug 15; Joel Edwards named interim CFO

## Summary
- Brandon Soto departs as CFO effective Aug 15, 2026, to become CEO of a fintech bank subsidiary.
- Joel Edwards, former CFO (2012-2025) and current advisor, appointed interim CFO effective Aug 15.
- Company will commence a search for a permanent CFO, considering internal and external candidates.
- Soto will remain through filing of Q2 2026 Form 10-Q; separation includes waiver of notice and $15k bonus repayment.
- Soto's departure is not related to any disagreements with the Company.

## SEC filing metadata
- accession: 0001437958-26-000045
- form_type: 8-K
- ticker: CCB
- cik: 0001437958
- company_name: COASTAL FINANCIAL CORP
- filed_at: 2026-07-22T23:54:36+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1437958/000143795826000045/0001437958-26-000045-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1437958/000143795826000045/ck1437958-20260722.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437958-26-000045
- JSON: https://secwatch.observer/filing/0001437958-26-000045.json
- Plain text: https://secwatch.observer/filing/0001437958-26-000045.txt

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