{"schema_version":"secwatch.filing_event.v1","accession":"0001437958-26-000056","form_type":"8-K","ticker":"CCB","cik":"0001437958","company_name":"COASTAL FINANCIAL CORP","filed_at":"2026-07-30T20:39:31+00:00","discovered_at":"2026-07-30T20:40:00.434997+00:00","generated_at":"2026-07-30T20:40:05.667404+00:00","sec_items":["5.02","5.03","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Coastal Financial appoints Christopher D. Adams as Executive Chair; Thomas Lane as Lead Independent Director","bullets":["Christopher D. Adams appointed Executive Chair effective July 29, 2026; previously a non-employee director since 2016.","Employment agreement with Adams: 5-year initial term, $750,000 annual base salary, subject to annual review.","Thomas Lane appointed Lead Independent Director effective same date, with compensation per non-employee director program.","Bylaws amended to define authority and duties of Executive Chair and Lead Independent Director, effective July 29, 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0001437958-26-000056","json":"https://secwatch.observer/filing/0001437958-26-000056.json","markdown":"https://secwatch.observer/filing/0001437958-26-000056.md","text":"https://secwatch.observer/filing/0001437958-26-000056.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1437958/000143795826000056/0001437958-26-000056-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1437958/000143795826000056/ck1437958-20260729.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-30T20:40:05.667404+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8c8cfefbda","claim":"Thomas Lane was appointed as Lead Independent Director at COASTAL FINANCIAL CORP.","evidence_excerpt":"Following the appointment of Mr. Adams as Executive Chair, the Board appointed Thomas Lane as Lead Independent Director, effective July 29, 2026.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1437958/000143795826000056/0001437958-26-000056-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Lead Independent Director"}],"fact_type":"executive_change"},{"claim_id":"be28d9395b","claim":"Christopher D. Adams was appointed as Executive Chair at COASTAL FINANCIAL CORP.","evidence_excerpt":"On July 29, 2026, Coastal Financial Corporation (the “Company”) appointed Christopher D. Adams as Executive Chair of the Board of Directors of the Company (the “Board”), effective July 29, 2026.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1437958/000143795826000056/0001437958-26-000056-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Executive Chair"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}