A Form 4 filed on August 26, 2026, with the SEC reports that Ernst W. Bruderer, a director of CoastalSouth Bancshares, Inc. (NASDAQ:COSO), sold 2,000 shares of common stock on August 26, 2026.

Key Highlights

  • Reporting person: Ernst W. Bruderer, listed as a Director of CoastalSouth Bancshares, Inc.
  • Transaction: Sale (transaction code S) of 2,000 shares of common stock on 08/26/2026.
  • Sale price: $27.5018 per share, as reported in the filing.
  • Remaining ownership: 43,131 shares of common stock held directly following the transaction.
  • Filing type: Individual filing by one reporting person, with no derivative securities transactions reported.

Bruderer's Share Sale and Resulting Ownership in CoastalSouth Bancshares

According to the filing, Ernst W. Bruderer, identified as a Director of CoastalSouth Bancshares, Inc., disposed of 2,000 shares of the company's common stock on August 26, 2026. The transaction was recorded under transaction code "S," indicating a sale, at a price of $27.5018 per share. The filing does not indicate whether the transaction was made pursuant to a Rule 10b5-1 trading plan, as the corresponding checkbox was not checked.

Following the reported sale, the filing states that Bruderer directly beneficially owns 43,131 shares of CoastalSouth Bancshares common stock. The form was filed individually by Bruderer as a single reporting person. No derivative securities transactions, such as options or warrants, were reported in Table II of the filing.

The Form 4 was signed by Lauren Hemby, identified as Chief Accounting Officer, on August 26, 2026, the same date as the transaction. CoastalSouth Bancshares, Inc. trades under the ticker symbol COSO. The filing does not provide additional context regarding the purpose or circumstances of the sale beyond the transaction details described above.

What Was Disclosed

The filing discloses a single open-market sale of 2,000 shares of CoastalSouth Bancshares common stock by Director Ernst W. Bruderer at $27.5018 per share on August 26, 2026, leaving him with direct beneficial ownership of 43,131 shares.