Insider Purchase by Sprink Eric M (CEO)
Trade Summary
4 days ago, Sprink Eric M, serving as CEO at COASTAL FINANCIAL CORP (CCB), purchased 10,000 shares at $44.45 per share, for a total transaction value of $444,500.00. Following this transaction, Sprink Eric M now holds 173,238 shares of CCB.
This purchase represents a 6.13% increase in Sprink Eric M's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Thursday, August 6, 2026 and publicly disclosed via SEC Form 4 filing on Friday, August 7, 2026 at 7:35 PM ET, 1 day after the trade was made.
COASTAL FINANCIAL CORP operates in the FINANCIAL SERVICES sector, specifically within the BANKS - REGIONAL industry. Insider buying activity in this sector can provide valuable signals about industry trends and company-specific developments.
Trade Price
$44.45
Quantity
10,000
Total Value
$444,500.00
Shares Owned
173,238
Trade Date
4 days ago
SEC Filing Date
at 7:35 PM ET
Filed 1 day after trade
Discussion