Coastal Financial Corp Reports Director Departure, Officer Changes
Ticker: CCB · Form: 8-K · Filed: Sep 10, 2025 · CIK: 1437958
| Field | Detail |
|---|---|
| Company | Coastal Financial Corp (CCB) |
| Form Type | 8-K |
| Filed Date | Sep 10, 2025 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $155,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: governance, officer-appointment, director-departure
TL;DR
Coastal Financial Corp director Jeffrey L. Johnson is out, new officers elected.
AI Summary
Coastal Financial Corporation announced on September 9, 2025, the departure of Director Jeffrey L. Johnson. The company also reported the election of new directors and appointments of certain officers, along with details on compensatory arrangements for its officers. The filing was made on September 10, 2025.
Why It Matters
Changes in board composition and officer appointments can signal shifts in company strategy or governance, impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — This filing primarily concerns routine corporate governance changes and officer appointments, not significant financial events.
Key Players & Entities
- Coastal Financial Corporation (company) — Registrant
- Jeffrey L. Johnson (person) — Departing Director
- September 9, 2025 (date) — Date of earliest event reported
- September 10, 2025 (date) — Filing date
FAQ
Who is the departing director?
Jeffrey L. Johnson is the departing director.
What is the exact date of the earliest event reported in this filing?
The earliest event reported is dated September 9, 2025.
When was this Form 8-K filed?
This Form 8-K was filed on September 10, 2025.
What are the main topics covered in this 8-K filing?
The filing covers the departure of directors, election of directors, appointment of certain officers, and compensatory arrangements of certain officers.
In which state is Coastal Financial Corporation incorporated?
Coastal Financial Corporation is incorporated in Washington.
Filing Stats: 475 words · 2 min read · ~2 pages · Grade level 14.6 · Accepted 2025-09-10 17:10:12
Key Financial Figures
- $155,000 — and will receive a lump sum payment of $155,000. Item 9.01 Financial Statements and E
Filing Documents
- ck1437958-20250909.htm (8-K) — 24KB
- 0001437958-25-000152.txt ( ) — 138KB
- ck1437958-20250909.xsd (EX-101.SCH) — 2KB
- ck1437958-20250909_lab.xml (EX-101.LAB) — 22KB
- ck1437958-20250909_pre.xml (EX-101.PRE) — 13KB
- ck1437958-20250909_htm.xml (XML) — 3KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits Exhibits Number Description 104 Cover Page Interactive Data File (Embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. COASTAL FINANCIAL CORPORATION Date: September 10, 2025 By: /s/ Joel G. Edwards Joel G. Edwards Executive Vice President and Chief Financial Officer