In 2023, Eric M. Sprink earned $1.25M in total compensation at Coastal Financial, including $810.00K salary and $374.84K in stock. Most recently acquired 8,438 shares in Feb 2025. Currently holds stock worth $24.29M. 7+ years at the helm of Coastal Financial.
Compensation History
Annual executive compensation data for Eric M. Sprink, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$1.25M
Salary
$810.00K
Bonus
$0.00
Other
$60.36K
Salary
$810.00KBoard Justification
The compensation philosophy is designed to attract and retain highly skilled executives, reward performance, maintain competitiveness, and align individual rewards with company performance and shareholder value.
Bonus
$0.00Board Justification
No annual discretionary cash bonuses were earned for fiscal year 2023.
Other Compensation
$60.36KBoard Justification
Includes matching contributions to the 401(k) Plan, life insurance premiums, and perquisites such as car allowance and country club dues.
Restricted Stock
Board Justification
8,436 shares of stock vested in 2023, reflecting the value realized on vesting based on the closing price of the Company’s common stock on the vesting date.
Performance Metrics
Key performance metrics include Return on Average Assets, Return on Average Equity, Core Deposit Growth, Gross Loan Growth, and Net Charge Offs.
Eric M. Sprink
CEO of Coastal Financial
Education
MBA from University of Washington
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Financial Services
Born
May 15, 1973 - 52 years ago
CEO of Coastal Financial for
7 years 4 months (Jul 2018 - Present)
Previous Experience
President and CEO of Coastal Community Bank
Holdings
Track Eric M. Sprink's stock holdings and portfolio value over time.
Total Stock Sold
$15.30M
$15.30M
294,466 CCB shares
What if they kept their stock?
If Eric M. Sprink didn't sell their stock, today they would have:
Extra CCB294,466 shares worth $33.90M.
This is 121.59% and $18.60M more than what they got when they sold the stock.
Insider Trading
Eric M. Sprink's recent stock transactions, purchases, and sales filed with the SEC.
8,438 shares
CCB
Feb 5, 2025
Received
$570.82K
CCB at $67.01/share
Oct 22, 2024
Sale
$427.83K
CCB at $66.00/share
Nov 4, 2024
Sale
$1.53M
CCB at $64.44/share
Oct 28, 2024
Sale
$259.48K
CCB at $60.20/share
Oct 23, 2024
Sale
$179.31K
CCB at $59.77/share
Oct 17, 2024
Sale
$404.23K
CCB at $58.61/share
Oct 14, 2024
Sale
$445.16K
CCB at $55.64/share
Oct 9, 2024
Sale
$684.67K
CCB at $52.67/share
Oct 3, 2024
Sale
$217.00K
CCB at $54.25/share
Sep 30, 2024
Sale
Rivals
Compare Eric M. Sprink with competitor CEOs and industry peers.
C. Malcolm Holland, III
Founder and CEO of Veritex Holdings
2023 Compensation
Stock
$0.00
Salary
$800.00K
Bonus
$320.00K
Other
$332.37K
Total Holdings
$70.59M
John C. Corbett
CEO of SouthState
2023 Compensation
Stock
$2.89M
Salary
$1.04M
Bonus
$1.33M
Other
$51.75K
Total Holdings
$25.26M
Drake Mills
CEO of Origin Bancorp
2023 Compensation
Stock
$360.50K
Salary
$835.80K
Bonus
$408.16K
Other
$60.65K
Total Holdings
$108.42K