# COASTAL FINANCIAL CORP (CCB) — management_change/cfo [announced]
Source: SEC API (secapi.ai) · situation sit_afb4ecc061c4aedbee72 · retrieved 2026-08-11T15:48:42.180Z

## Overview
The LLC was formed in 2019 and owns the Company's Arlington branch, which the Bank leases from the LLC.

⃞ Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers Departure of Brandon Soto, Executive Vice President and Chief Financial Officer On July 22, 2026, Coastal Financial Corporation (the "Company"), announced that Brandon Soto, Executive Vice President and Chief Financial Officer will step down from his role as Chief Financial Officer of the Company, effective August 15, 2026, to pursue a position as the Chief Executive Officer of a banking subsidiary of a privately held company in the financial technology sector. Edwards will receive a monthly base salary of $100,000 and will participate in employee benefits generally available to other Company executives.

## Key dates
- Announced 2026-07-22

## Timeline
- 2026-07-22 · 8-K (0001437958-26-000045): 8-K - COASTAL FINANCIAL CORP — *The LLC was formed in 2019 and owns the Company's Arlington branch, which the Bank leases from the LLC.* ⃞ Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers Departure of Brandon Soto, Executive Vice President and Chief Financial Officer On July 22, 2026, Coastal Financial Corporation (the "Company"), announced that Brandon Soto, Executive Vice President and Chief Financial Officer will step down from his role as Chief Financial Officer of the Company, effective August 15, 2026, to pursue a position as the Chief Executive Officer of a banking subsidiary of a privately held company in the financial technology sector. Edwards will receive a monthly base salary of $100,000 and will participate in employee benefits generally available to other Company executives.
  https://www.sec.gov/Archives/edgar/data/1437958/0001437958-26-000045.txt

## Citations
- 0001437958-26-000045 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000143795826000045