secwatch.observer — SEC 8-K summary
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Issuer:     COASTAL FINANCIAL CORP (CCB)
CIK:        0001437958
Form:       8-K
Filed at:   2022-05-19T23:59:59+00:00
Accession:  0001564590-22-020692
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Coastal Financial appoints Curt Queyrouze as President effective June 1, 2022; Eric Sprink remains CEO
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- Curt Queyrouze, former President/CEO of TAB Bank, appointed President of Coastal Financial and Coastal Community Bank.
- Base salary of $400,000, signing bonus of $146,000, 7,000 RSUs, and 53,000 performance-based RSUs.
- Queyrouze brings expertise in credit, risk management, and fintech; bank assets near $3B.
- Employment agreement includes standard non-compete, non-solicitation, and confidentiality clauses.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1437958/000156459022020692/0001564590-22-020692-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1437958/000156459022020692/ck1437958-8k_20220518.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-020692

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