EDWARDS JOEL G

CFO Joel Edwards sells 9,425 shares of CCB for $1.1M on 2025-09-18; post-transaction holdings down to 12.8K shares (-42.5%)

CFO Joel Edwards sold 9,425 shares at $114.67, reducing his holdings by 42.5% from 22,187 to 12,762 shares. This represents a substantial liquidation of equity stake in a company with a P/E of 36.06 and $1.7B market cap. The sale follows an unusually heavy trading pattern at CCB with 5 prior sales in the preceding week (2025-09-11 through 2025-09-17), all outcomes currently unmeasurable. Cross-ticker track record shows his prior sells averaged +14.2% 90-day returns, indicating below-average timing discipline historically (well-timed rate 0.00%), though the current stock price of $113.60 remains near the 52-week high of $115.88 and is up 32.0% over 90 days.

CFO Edwards sells 14,000 shares (38.7% of holdings) across 3 days at $107.90–$110.05; blended $109.03 vs. current $110.37

Joel G. Edwards, Chief Financial Officer of Coastal Financial, executed 3 separate sales totaling 14,000 shares for $1,526,400.00 on 2025-09-15 through 2025-09-17, reducing his holdings by 38.7% from 36,187 to 22,187 shares. The blended average sale price of $109.03 lies modestly below the current price of $110.37, and the recent 30-day and 90-day moves show +4.2% and +32.8% gains respectively. His prior same-ticker sales at this security on 2025-05-23 and 2025-05-24 resulted in 90-day returns of +12.0% and +16.3%—meaning the stock rose after those sales—yielding 0 of 2 prior sales well-timed by the 90-day metric. The P/E of 35.04 and year-to-date proximity to the 52-week high at $115.88 (current −4.8% from high) place this sale in a context of elevated valuation and recent strength, though no material agreement, earnings announcement, or other corporate event is indicated in the filing metadata.

CFO Edwards sold 7,000 CCB shares in 3 transactions for $778,230.00 at blended avg $111.18

On 2025-09-10 through 2025-09-12, CFO Joel G. Edwards executed 3 separate sales totaling 7,000 shares for $778,230.00, reducing his holdings from 43,187 shares to 36,187 shares (-16.2%). The blended average transaction price was $111.18, compared to the current price of $109.10, placing the sale near but slightly above recent market levels. His prior two sales at CCB on 2024-05-24 and 2024-05-23 both produced positive 90-day returns (+16.3% and +12.0% respectively), indicating those sales were poorly timed relative to subsequent stock appreciation. This filing represents discretionary open-market activity by a senior financial officer, which is observable but does not by itself indicate material concerns given the routine nature of portfolio adjustments by executives.