Short answer
CoastalSouth Bancshares, Inc. (COSO) filed an 8-K current report with the SEC on March 4, 2026 reporting Item 5.02 (Departure/Election of Directors or Officers). J. Simon Fraser appointed to COSO Board effective Feb 26, 2026; term expires at 2026 Annual Meeting with expected re-election consideration.
CoastalSouth Bancshares, Inc. 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.02 · Departure/Election of Directors or Officers
- J. Simon Fraser appointed to COSO Board effective Feb 26, 2026; term expires at 2026 Annual Meeting with expected re-election consideration
- Post-2026 Annual Meeting, Fraser slated for Audit Committee and Nominating & Governance Committee roles
- Board classified Fraser as independent under NYSE listing standards and SEC rules
- Fraser has existing loan relationships with subsidiary Coastal States Bank, made on standard market terms: no elevated collectability risk flagged
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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