{"schema_version":"secwatch.filing_event.v1","accession":"0001564590-21-049973","form_type":"8-K","ticker":"CCB","cik":"0001437958","company_name":"COASTAL FINANCIAL CORP","filed_at":"2021-10-04T23:59:59+00:00","discovered_at":"2026-05-14T18:04:12.590066+00:00","generated_at":"2026-06-28T23:22:06.617584+00:00","sec_items":["5.02","7.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Coastal Financial appoints Michael Patterson to Board of Directors effective Oct 1","bullets":["Michael Patterson, CPA with 38+ years of experience, joins board effective October 1, 2021.","Patterson previously led EY LLP's Compliance Risk Management in Financial Services Office.","Board expands to 11 directors, 8 of whom are independent including Patterson.","Compensation follows non-employee director program; committee assignments are undetermined.","No arrangements or transactions with Patterson requiring disclosure under Item 404(a)."],"urls":{"canonical":"https://secwatch.observer/filing/0001564590-21-049973","json":"https://secwatch.observer/filing/0001564590-21-049973.json","markdown":"https://secwatch.observer/filing/0001564590-21-049973.md","text":"https://secwatch.observer/filing/0001564590-21-049973.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1437958/000156459021049973/0001564590-21-049973-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1437958/000156459021049973/ck1437958-8k_20210928.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-28T23:22:06.617584+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":"f8fb37f67c","claim":"Michael Patterson was appointed as Director at COASTAL FINANCIAL CORP.","evidence_excerpt":"On September 28, 2021, Coastal Financial Corporation (the “Company”) appointed Michael Patterson as a director for the Company, effective October 1, 2021.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1437958/000156459021049973/0001564590-21-049973-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}