Short answer
CoastalSouth Bancshares, Inc. (COSO) filed an 8-K current report with the SEC on May 1, 2026 reporting Item 7.01 (Regulation FD Disclosure), Item 8.01 (Other Events), Item EX-99.1 (Exhibit EX-99.1). May 1, 2026 press release furnished under Regulation FD as Exhibit 99.1.
CoastalSouth Bancshares, Inc. 8-K event analysis
AI summary of each reported item and its exhibits
Item 7.01 · Regulation FD Disclosure
- May 1, 2026 press release furnished under Regulation FD as Exhibit 99.1
- Investors should review Exhibit 99.1 for the substantive disclosure and potential market impact
Item 8.01 · Other Events
- $15.0 million share repurchase authorization, signaling potential capital return and support for per-share metrics
- Program effective May 1, 2026 through April 30, 2027, unless extended
- Flexible execution through open-market, accelerated, privately negotiated, or Rule 10b5-1 transactions
- No obligation to repurchase shares, leaving actual buyback volume dependent on market conditions and regulatory requirements
Item EX-99.1 · Exhibit EX-99.1
- Board authorized up to $15 million in COSO share repurchases, supporting per-share metrics and signaling confidence in valuation
- Plan effective May 1, 2026 through April 30, 2027, subject to extension
- Purchases may use open-market, accelerated, private transactions, or Rule 10b5-1 plans
- No obligation to repurchase shares; timing and total spending remain discretionary
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
Other CoastalSouth Bancshares, Inc. 8-K filings
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