CoastalSouth Bancshares held its 2026 Annual Meeting on April 23, 2026, with shareholders voting to elect eleven directors and ratify Elliott Davis, LLC as auditor.
Key takeaways
All eleven director nominees were elected with majority votes, including James S. MacLeod (7,586,229 for) and Joseph V. Topper, Jr. (7,846,482 for).
Ratification of Elliott Davis, LLC as independent auditor passed overwhelmingly with 8,979,430 votes for and 4,600 against.
Quorum was achieved with 75.79% of outstanding shares represented, indicating strong shareholder engagement.
Director Michael B. High received the highest number of withheld votes (1,923,773), suggesting some shareholder dissent.
No other proposals were voted on, and no material changes to governance or operations were disclosed.