Activist investor Lawrence Seidman and Coastway Bancorp Inc. President and CEO William White have had "several conversations" about maximizing shareholder value, according to an ownership filing.
Seidman, Veteri Place Corp. and related investment vehicles beneficially own a 5.10% stake in the Warwick, R.I.-based company. The aggregate purchase cost of the 224,185 shares beneficially owned is roughly $4.1 million, including brokerage commissions.
