secwatch.observer — SEC 8-K summary
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Issuer:     COASTAL FINANCIAL CORP (CCB)
CIK:        0001437958
Form:       8-K
Filed at:   2026-07-22T23:54:36+00:00
Accession:  0001437958-26-000045
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1437958/000143795826000045/0001437958-26-000045-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1437958/000143795826000045/ck1437958-20260722.htm
  HTML page:      https://secwatch.observer/filing/0001437958-26-000045

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