Home › Companies › COASTAL FINANCIAL CORP. › 2024-2025

COASTAL FINANCIAL CORP. 2024-2025 Proxy Voting Records

Compiled from SEC Form N-PX filings and COASTAL FINANCIAL CORP.’s Form 8-K, filed 2025-05-30 (Item 5.07 on EDGAR). Page generated 02 October 2026.

  • 9Reported items
  • 212Asset managers
  • 1,752Fund votes
  • 2025-05-28Meeting date

Proxy season: 2023-2024 2024-2025 2025-2026

Explore COASTAL FINANCIAL CORP. in the interactive database Compare manager voting policies

Official 2024-2025 meeting results reported by COASTAL FINANCIAL CORP.

These tallies are COASTAL FINANCIAL CORP.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed 2025-05-30 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.

COASTAL FINANCIAL CORP. — official shareholder meeting results, meeting held 2025-05-28
Ballot itemForAgainst AbstainWithheldBroker non-votesOutcome
Elect Director: Christopher D. Adams 9,970,422---- 1,558,528929,202 Majority: yes
Elect Director: Steven D. Hovde 10,956,805---- 572,145929,202 Majority: yes
Elect Director: Stephan Klee 10,947,870---- 581,080929,202 Majority: yes
Elect Director: Thomas D. Lane 7,153,933---- 4,375,017929,202 Majority: yes
Proposal 2: The advisory non-binding vote on executive compensation paid to our named executive officers was approved by the shareholders by the following vote: 10,872,569616,14940,232 ---- Majority: yes
The the Amended and Restated Bylaws of Coastal Financial Corporation was approved by the following vote: 11,522,5831,2895,079 ---- Majority: yes

Source: COASTAL FINANCIAL CORP., Form 8-K, filed with the SEC on 2025-05-30 — read the filing on EDGAR.

How asset managers voted at the COASTAL FINANCIAL CORP. 2024-2025 meeting

Each item below shows how the 212 asset managers that disclosed a COASTAL FINANCIAL CORP. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of COASTAL FINANCIAL CORP.’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. Advisory (non-binding) approval of the compensation paid to named executive officers.

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: yes

Combines 7 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%
FOR: 10,872,569AGAINST: 616,149

COASTAL FINANCIAL CORP.’s own tally for this item (“Proposal 2: The advisory non-binding vote on executive compensation paid to our named executive officers was approved by the shareholders by the following vote:”): 10,872,569 for, 616,149 against, per its Form 8-K filed 2025-05-30 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 15,009,225 outstanding shares: 72% for, 4% against (77% of the company cast a for/against vote).

The 208 asset managers below cast 94% of the shares they voted on this item FOR (10,043,067 for, 625,605 against).

FOR 94%
FOR: 10,043,067 (94.0%)AGAINST: 625,605 (5.9%)ABSTAIN: 16,361 (0.2%)NOT VOTED: 52 (0.0%)
Largest asset managers voting on “Advisory (non-binding) approval of the compensation paid to named executive officers.” at COASTAL FINANCIAL CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
T. Rowe Price2,083,9550 00For
BlackRock842,5594,394 00For
Fidelity795,4390 00For
John Hancock751,0460 00For
Vanguard723,0600 00For
Azora Capital LP404,0760 00For
State Street371,6244,226 00For
ENDEAVOUR CAPITAL ADVISORS INC295,5110 00For
American Century0272,331 00Against
GEODE CAPITAL MANAGEMENT, LLC263,6820 00For
Dimensional254,2610 00For
Wellington183,4710 00For
Charles Schwab181,8340 00For
GW&K Investment Management, LLC181,1990 00For
KENNEDY CAPITAL MANAGEMENT LLC139,51022,153 00For
AllianceBernstein132,7800 00For
WESTWOOD HOLDINGS GROUP INC127,9500 00For
Ultimus Managers Trust120,9970 00For
DRIEHAUS CAPITAL MANAGEMENT LLC111,7940 00For
Allspring107,0390 00For
JCSD Capital, LLC106,9270 00For
Royce104,9930 00For
Stieven Capital Advisors, L.P.88,4710 00For
Putnam86,9580 00For
Nuveen84,8090 00For

Showing the 25 largest of 208 asset managers. See all 208 in the interactive database.

2. To elect three Directors to the class of Directors to serve for a 3-year term until the 2028 meeting of shareholders: Christopher D. Adams

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 4 wordings of this item as funds reported it.

86% Majority: yes · of votes cast

FOR 86%14%
FOR: 9,970,422WITHHELD: 1,558,528

COASTAL FINANCIAL CORP.’s own tally for this item (“Elect Director: Christopher D. Adams”): 9,970,422 for, 1,558,528 withheld, per its Form 8-K filed 2025-05-30 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 15,009,225 outstanding shares: 66% for, 10% withheld (77% of the company cast a for/withheld vote).

The 71 asset managers below cast 100% of the shares they voted on this item FOR (3,913,246 for, 0 against).

FOR 91%9%
FOR: 3,913,246 (91.1%)ABSTAIN: 382,362 (8.9%)
Largest asset managers voting on “To elect three Directors to the class of Directors to serve for a 3-year term until the 2028 meeting of shareh” at COASTAL FINANCIAL CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
T. Rowe Price760,1490 00For
Vanguard681,3800 00For
Fidelity517,7220 00For
BlackRock463,5230 00For
John Hancock363,4280 00For
Dimensional00 210,0940Abstain
American Century134,7860 00For
Ultimus Managers Trust00 120,9970Abstain
Royce104,9930 00For
Charles Schwab90,9040 00For
TIAA84,3110 00For
State Street74,2670 30For
FINANCIAL INVESTORS TRUST64,8730 00For
Advisor Managed Portfolios60,2000 00For
Allspring53,4450 00For
BRIDGEWAY FUNDS INC50,5000 00For
Northwestern Mutual50,1990 00For
Putnam43,4720 00For
OPTIMUM FUND TRUST32,7070 00For
Equitable30,9660 00For
RMB INVESTORS TRUST30,0000 00For
DRIEHAUS MUTUAL FUNDS28,3150 00For
TIMOTHY PLAN27,4750 00For
SEI00 20,3980Abstain
QUANTITATIVE MASTER SERIES LLC19,3530 00For

Showing the 25 largest of 71 asset managers. See all 71 in the interactive database.

3. To elect three Directors to the class of Directors to serve for a 3-year term until the 2028 meeting of shareholders: Stephan Klee

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 4 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%
FOR: 10,947,870WITHHELD: 581,080

COASTAL FINANCIAL CORP.’s own tally for this item (“Elect Director: Stephan Klee”): 10,947,870 for, 581,080 withheld, per its Form 8-K filed 2025-05-30 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 15,009,225 outstanding shares: 73% for, 4% withheld (77% of the company cast a for/withheld vote).

The 71 asset managers below cast 100% of the shares they voted on this item FOR (4,072,737 for, 0 against).

FOR 95%
FOR: 4,072,737 (94.8%)ABSTAIN: 222,871 (5.2%)
Largest asset managers voting on “To elect three Directors to the class of Directors to serve for a 3-year term until the 2028 meeting of shareh” at COASTAL FINANCIAL CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
T. Rowe Price760,1490 00For
Vanguard681,3800 00For
Fidelity517,7220 00For
BlackRock463,5230 00For
John Hancock363,4280 00For
Dimensional00 210,0940Abstain
American Century134,7860 00For
Ultimus Managers Trust120,9970 00For
Royce104,9930 00For
Charles Schwab90,9040 00For
TIAA84,3110 00For
State Street74,2670 30For
FINANCIAL INVESTORS TRUST64,8730 00For
Advisor Managed Portfolios60,2000 00For
Allspring53,4450 00For
BRIDGEWAY FUNDS INC50,5000 00For
Northwestern Mutual50,1990 00For
Putnam43,4720 00For
OPTIMUM FUND TRUST32,7070 00For
Equitable30,9660 00For
RMB INVESTORS TRUST30,0000 00For
DRIEHAUS MUTUAL FUNDS28,3150 00For
TIMOTHY PLAN27,4750 00For
SEI20,3980 00For
QUANTITATIVE MASTER SERIES LLC19,3530 00For

Showing the 25 largest of 71 asset managers. See all 71 in the interactive database.

4. To elect three Directors to the class of Directors to serve for a 3-year term until the 2028 meeting of shareholders: Thomas D. Lane

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 4 wordings of this item as funds reported it.

62% Majority: yes · of votes cast

FOR 62%WITHHELD 38%
FOR: 7,153,933WITHHELD: 4,375,017

COASTAL FINANCIAL CORP.’s own tally for this item (“Elect Director: Thomas D. Lane”): 7,153,933 for, 4,375,017 withheld, per its Form 8-K filed 2025-05-30 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 15,009,225 outstanding shares: 47.7% for, 29% withheld (77% of the company cast a for/withheld vote).

The 71 asset managers below cast 100% of the shares they voted on this item FOR (2,423,461 for, 0 against).

FOR 56%ABSTAIN 44%
FOR: 2,423,461 (56.4%)ABSTAIN: 1,872,147 (43.6%)
Largest asset managers voting on “To elect three Directors to the class of Directors to serve for a 3-year term until the 2028 meeting of shareh” at COASTAL FINANCIAL CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
T. Rowe Price760,1490 00For
Vanguard681,3800 00For
Fidelity511,3300 6,3920For
BlackRock00 463,5230Abstain
John Hancock10,8880 352,5400Abstain
Dimensional00 210,0940Abstain
American Century00 134,7860Abstain
Ultimus Managers Trust00 120,9970Abstain
Royce104,9930 00For
Charles Schwab90,9040 00For
TIAA00 84,3110Abstain
State Street1,8520 72,4180Abstain
FINANCIAL INVESTORS TRUST64,8730 00For
Advisor Managed Portfolios00 60,2000Abstain
Allspring00 53,4450Abstain
BRIDGEWAY FUNDS INC00 50,5000Abstain
Northwestern Mutual50,1990 00For
Putnam43,4720 00For
OPTIMUM FUND TRUST32,7070 00For
Equitable00 30,9660Abstain
RMB INVESTORS TRUST00 30,0000Abstain
DRIEHAUS MUTUAL FUNDS00 28,3150Abstain
TIMOTHY PLAN27,4750 00For
SEI00 20,3980Abstain
QUANTITATIVE MASTER SERIES LLC00 19,3530Abstain

Showing the 25 largest of 71 asset managers. See all 71 in the interactive database.

5. To elect one Director to the class of Directors to serve for a 1-year term until the 2026 meeting of shareholders: Steven D. Hovde

DIRECTOR ELECTIONSMajority of the votes cast: yes

Combines 4 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%
FOR: 10,956,805WITHHELD: 572,145

COASTAL FINANCIAL CORP.’s own tally for this item (“Elect Director: Steven D. Hovde”): 10,956,805 for, 572,145 withheld, per its Form 8-K filed 2025-05-30 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 15,009,225 outstanding shares: 73% for, 4% withheld (77% of the company cast a for/withheld vote).

The 71 asset managers below cast 100% of the shares they voted on this item FOR (4,061,042 for, 0 against).

FOR 95%
FOR: 4,061,042 (94.5%)ABSTAIN: 234,566 (5.5%)
Largest asset managers voting on “To elect one Director to the class of Directors to serve for a 1-year term until the 2026 meeting of sharehold” at COASTAL FINANCIAL CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
T. Rowe Price760,1490 00For
Vanguard681,3800 00For
Fidelity517,7220 00For
BlackRock463,5230 00For
John Hancock363,4280 00For
Dimensional00 210,0940Abstain
American Century134,7860 00For
Ultimus Managers Trust120,9970 00For
Royce104,9930 00For
Charles Schwab90,9040 00For
TIAA84,3110 00For
State Street74,2670 30For
FINANCIAL INVESTORS TRUST64,8730 00For
Advisor Managed Portfolios60,2000 00For
Allspring53,4450 00For
BRIDGEWAY FUNDS INC50,5000 00For
Northwestern Mutual50,1990 00For
Putnam43,4720 00For
OPTIMUM FUND TRUST32,7070 00For
Equitable30,9660 00For
RMB INVESTORS TRUST30,0000 00For
DRIEHAUS MUTUAL FUNDS28,3150 00For
TIMOTHY PLAN27,4750 00For
SEI20,3980 00For
QUANTITATIVE MASTER SERIES LLC19,3530 00For

Showing the 25 largest of 71 asset managers. See all 71 in the interactive database.

6. To approve the Second Amendment to the Coastal Financial Corporation 2018 Omnibus Incentive Plan (the "2018 Plan"), including an increase in the number of authorized shares under the 2018 Plan.

SECTION 14A SAY-ON-PAY VOTES

Combines 2 wordings of this item as funds reported it.

71% fund support · no official result

FOR 69%AGAINST 28%

The 70 asset managers below cast 71% of the shares they voted on this item FOR (2,950,390 for, 1,213,832 against).

FOR: 2,950,390 (69.1%)AGAINST: 1,213,832 (28.4%)ABSTAIN: 104,993 (2.5%)
Largest asset managers voting on “To approve the Second Amendment to the Coastal Financial Corporation 2018 Omnibus Incentive Plan (the "2018 Pl” at COASTAL FINANCIAL CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
T. Rowe Price759,185964 00For
Vanguard681,3800 00For
Fidelity517,7220 00For
BlackRock463,5230 00For
John Hancock10,888352,540 00Against
Dimensional0210,094 00Against
American Century0134,786 00Against
Ultimus Managers Trust120,9970 00For
Royce00 104,9930Abstain
Charles Schwab90,9040 00For
TIAA084,311 00Against
State Street1,85272,418 00Against
FINANCIAL INVESTORS TRUST64,8730 00For
Advisor Managed Portfolios060,200 00Against
Allspring053,445 00Against
BRIDGEWAY FUNDS INC050,500 00Against
Northwestern Mutual50,1990 00For
Putnam043,472 00Against
OPTIMUM FUND TRUST32,7070 00For
Equitable30,9660 00For
RMB INVESTORS TRUST030,000 00Against
DRIEHAUS MUTUAL FUNDS028,315 00Against
SEI20,3980 00For
QUANTITATIVE MASTER SERIES LLC19,3530 00For
RBB FUND, INC.012,752 00Against

Showing the 25 largest of 70 asset managers. See all 70 in the interactive database.

7. To approve amendments to the Amended and Restated Bylaws of Coastal Financial Corporation, relating to the qualifications and terms of office of directors.

CORPORATE GOVERNANCEMajority of the votes cast: yes

99.9% Majority: yes · of votes cast

FOR 99.9%
FOR: 11,522,583AGAINST: 1,289

COASTAL FINANCIAL CORP.’s own tally for this item (“The the Amended and Restated Bylaws of Coastal Financial Corporation was approved by the following vote:”): 11,522,583 for, 1,289 against, per its Form 8-K filed 2025-05-30 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item. Of all 15,009,225 outstanding shares: 77% for, 0.1% against (77% of the company cast a for/against vote).

The 70 asset managers below cast 100% of the shares they voted on this item FOR (4,295,113 for, 0 against).

FOR 100%
FOR: 4,295,113 (100.0%)
Largest asset managers voting on “To approve amendments to the Amended and Restated Bylaws of Coastal Financial Corporation, relating to the qua” at COASTAL FINANCIAL CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
T. Rowe Price760,1490 00For
Vanguard681,3800 00For
Fidelity517,7220 00For
BlackRock463,5230 00For
John Hancock363,4280 00For
Dimensional210,0940 00For
American Century134,7860 00For
Ultimus Managers Trust120,9970 00For
Royce104,9930 00For
Charles Schwab90,9040 00For
TIAA84,3110 00For
State Street74,2700 00For
FINANCIAL INVESTORS TRUST64,8730 00For
Advisor Managed Portfolios60,2000 00For
Allspring53,4450 00For
BRIDGEWAY FUNDS INC50,5000 00For
Northwestern Mutual50,1990 00For
Putnam43,4720 00For
OPTIMUM FUND TRUST32,7070 00For
Equitable30,9660 00For
RMB INVESTORS TRUST30,0000 00For
DRIEHAUS MUTUAL FUNDS28,3150 00For
TIMOTHY PLAN27,4750 00For
SEI20,3980 00For
QUANTITATIVE MASTER SERIES LLC19,3530 00For

Showing the 25 largest of 70 asset managers. See all 70 in the interactive database.

8. TO RATIFY THE SELECTION OF MOSS ADAMS LLP AS THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2025.

AUDIT-RELATED

99.7% fund support · no official result

FOR 99.7%

The 69 asset managers below cast 99.7% of the shares they voted on this item FOR (4,282,707 for, 12,406 against).

FOR: 4,282,707 (99.7%)AGAINST: 12,406 (0.3%)
Largest asset managers voting on “TO RATIFY THE SELECTION OF MOSS ADAMS LLP AS THE INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL ” at COASTAL FINANCIAL CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
T. Rowe Price760,1490 00For
Vanguard681,3800 00For
Fidelity517,7220 00For
BlackRock463,5230 00For
John Hancock363,4280 00For
Dimensional210,0940 00For
American Century134,7860 00For
Ultimus Managers Trust120,9970 00For
Royce104,9930 00For
Charles Schwab90,9040 00For
TIAA84,3110 00For
State Street74,2673 00For
FINANCIAL INVESTORS TRUST64,8730 00For
Advisor Managed Portfolios60,2000 00For
Allspring53,4450 00For
BRIDGEWAY FUNDS INC50,5000 00For
Northwestern Mutual50,1990 00For
Putnam43,4720 00For
OPTIMUM FUND TRUST32,7070 00For
Equitable30,9660 00For
RMB INVESTORS TRUST30,0000 00For
DRIEHAUS MUTUAL FUNDS28,3150 00For
TIMOTHY PLAN27,4750 00For
SEI20,3980 00For
QUANTITATIVE MASTER SERIES LLC19,3530 00For

Showing the 25 largest of 69 asset managers. See all 69 in the interactive database.

9. TO APPROVE THE SECOND AMENDMENT TO THE COASTAL FINANCIAL CORPORATION 2018 OMNIBUS INCENTIVE PLAN (THE 2018 PLAN&QUOT), INCLUDING AN INCREASE IN THE NUMBER OF AUTHORIZED SHARES UNDER THE 2018 PLAN. &QUOT

COMPENSATION

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (27,526 for, 0 against).

FOR: 27,526 (100.0%)
Largest asset managers voting on “TO APPROVE THE SECOND AMENDMENT TO THE COASTAL FINANCIAL CORPORATION 2018 OMNIBUS INCENTIVE PLAN (THE 2018 PLA” at COASTAL FINANCIAL CORP., 2024-2025
Asset managerForAgainst AbstainWithheldVote
TIMOTHY PLAN27,4750 00For
Advisors' Inner Circle Fund III510 00For

Largest COASTAL FINANCIAL CORP. shareholders voting in 2024-2025

Ranked by the number of COASTAL FINANCIAL CORP. shares each manager voted on the most widely held ballot item of the 2024-2025 meeting, shown as a share of the 15,009,225 shares outstanding at the time of that meeting.

Top COASTAL FINANCIAL CORP. shareholders by shares voted, 2024-2025
#Asset manager % of shares outstanding
1T. Rowe Price 13.88%
2BlackRock 5.64%
3Fidelity 5.30%
4John Hancock 5.00%
5Vanguard 4.82%
6Azora Capital LP 2.69%
7State Street 2.50%
8ENDEAVOUR CAPITAL ADVISORS INC 1.97%
9American Century 1.81%
10GEODE CAPITAL MANAGEMENT, LLC 1.76%

Reported COASTAL FINANCIAL CORP. ownership

Positions disclosed to the SEC on Schedules 13D and 13G, Form 13F and the company’s own proxy statement (DEF 14A).

COASTAL FINANCIAL CORP. beneficial owners on record for the 2024-2025 proxy season
Holder % outstanding Disclosure
BlackRock 6.98% 13F
Vanguard Group 4.93% 13F
Wellington Management 2.97% 13F
State Street 2.67% 13F
Geode Capital 1.98% 13F
FMR (Fidelity) 1.86% 13F
Northern Trust 0.77% 13F
Charles Schwab 0.66% 13F
Nuveen 0.64% 13F

Percentages above are of 15,009,225 shares outstanding, as reported by COASTAL FINANCIAL CORP. on its Form 10-Q dated 2025-03-31 (see the filing on EDGAR). This is the count contemporaneous with the 2024-2025 meeting, so the percentages are the ones that were true then, not ones restated against today’s share count.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from COASTAL FINANCIAL CORP.’s 10-Q dated 2025-03-31. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.

At COASTAL FINANCIAL CORP.'s shareholder meeting held 2025-05-28, in the 2024-2025 proxy season, 212 asset managers reported how they voted in their SEC Form N-PX filings, covering 1,752 separate fund positions. Their filings are grouped here into 9 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. On the most widely held item on that ballot — Advisory (non-binding) approval of the compensation paid to named executive officers. — FOR was 95% of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side), which is more than half. Whether the item was approved is for the filing to say; that statement has not been read for this item. Source: COASTAL FINANCIAL CORP.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on 2025-05-30.

COASTAL FINANCIAL CORP. proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.