Coastal Financial Corp Reports Board and Officer Changes
Ticker: CCB · Form: 8-K · Filed: May 7, 2025 · CIK: 1437958
| Field | Detail |
|---|---|
| Company | Coastal Financial Corp (CCB) |
| Form Type | 8-K |
| Filed Date | May 7, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, officer-changes, board-changes
TL;DR
Coastal Financial Corp reshuffled its exec team and board, filed financials.
AI Summary
Coastal Financial Corporation announced on May 7, 2025, changes in its board of directors and executive officers, including the appointment of new officers and potential changes to compensatory arrangements. The filing also includes financial statements and exhibits.
Why It Matters
Changes in a company's leadership and executive compensation can signal shifts in strategy or financial performance, impacting investor confidence.
Risk Assessment
Risk Level: low — The filing reports routine corporate governance changes and financial disclosures, not indicating immediate financial distress or significant operational shifts.
Key Players & Entities
- Coastal Financial Corporation (company) — Registrant
- May 7, 2025 (date) — Date of earliest event reported
FAQ
What specific changes were made to the board of directors?
The filing indicates changes in directors but does not specify the names of departing or newly appointed directors in the provided text.
Were there any new appointments of certain officers?
Yes, the filing lists 'Appointment of Certain Officers' as an item of information, indicating new appointments.
What is the primary business of Coastal Financial Corporation?
Coastal Financial Corporation is in the business of 'STATE COMMERCIAL BANKS' (SIC code 6022).
In which state was Coastal Financial Corporation incorporated?
Coastal Financial Corporation was incorporated in Washington.
What is the SEC file number for Coastal Financial Corporation?
The SEC file number for Coastal Financial Corporation is 001-38589.
Filing Details
This Form 8-K (Form 8-K) was filed with the SEC on May 7, 2025 regarding COASTAL FINANCIAL CORP (CCB).