ChoiceOne Financial (NASDAQ: COFS) investors approve board, pay and auditor at 2026 meeting

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8-K Event Classification

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Key Terms

What did ChoiceOne Financial Services (COFS) shareholders vote on at the 2026 annual meeting?

Were all director nominees elected at ChoiceOne Financial Services’ 2026 annual meeting?

How did ChoiceOne Financial Services (COFS) shareholders vote on executive compensation in 2026?

Which audit firm was ratified by ChoiceOne Financial Services shareholders for 2026?

When will ChoiceOne Financial Services (COFS) next hold an advisory vote on executive compensation?

How many broker non-votes occurred on ChoiceOne Financial Services’ 2026 director elections?

Filing Impact

(High)

Filing Sentiment

(Neutral)

Form Type

8-K

ChoiceOne Financial Services, Inc. reported results of its annual shareholder meeting held on May 20, 2026. Shareholders elected five directors, each receiving between 8.59 million and 9.02 million votes in favor, with broker non-votes of 2.46 million on each nominee.

Shareholders approved, on an advisory basis, the compensation of the company’s named executive officers, with 8.78 million votes for, 0.40 million against, and 0.18 million abstentions, plus 2.46 million broker non-votes. They also ratified Plante & Moran PLLC as independent registered public accounting firm for the year ending December 31, 2026, with 11.63 million votes for, 0.17 million against, and 0.01 million abstentions.

Item 5.07 — Submission of Matters to a Vote of Security Holders

1 item

Item 5.07 Submission of Matters to a Vote of Security Holders Governance

Results of a shareholder vote on proposals at an annual or special meeting.

Highest director votes for: 9,021,395 votes Lowest director votes for: 8,590,547 votes Say-on-pay votes for: 8,775,182 votes +5 more

8 metrics

Highest director votes for 9,021,395 votes Votes for director nominee Steven T. Krause

Lowest director votes for 8,590,547 votes Votes for director nominee Michelle M. Wendling

Say-on-pay votes for 8,775,182 votes Advisory approval of executive compensation

Say-on-pay votes against 403,896 votes Advisory approval of executive compensation

Auditor ratification votes for 11,633,562 votes Ratification of Plante & Moran PLLC for 2026

Auditor ratification votes against 171,748 votes Ratification of Plante & Moran PLLC for 2026

Broker non-votes on directors 2,457,466 votes Broker non-votes for each director nominee

Auditor abstentions 11,101 votes Abstentions on auditor ratification

advisory basis, named executive officers, broker non-votes, independent registered public accounting firm, +1 more

5 terms

advisory basis financial

"approval on an advisory basis of the compensation of the Company’s named executive officers"

named executive officers financial

"approval on an advisory basis of the compensation of the Company’s named executive officers"

Named executive officers are the senior company leaders whose names, roles and compensation are singled out in required regulatory filings; this typically includes the chief executive, chief financial officer and the next highest‑paid senior officers. Investors treat this list like a team roster — it shows who makes key decisions, how they are paid and whether incentives align with shareholder interests, so changes or pay patterns can signal governance quality, risk or strategic shifts.

broker non-votes financial

"Votes Cast For ... Abstain ... Broker Non-Votes"

Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.

independent registered public accounting firm financial

"ratification of the selection of Plante & Moran PLLC as the Company’s independent registered public accounting firm"

An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.

annual meeting of the Company's shareholders financial

"At the annual meeting of the Company's shareholders held on Wednesday, May 20, 2026"

Understanding 8-K Material Events →

05/22/2026 - 09:00 AM

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): May 20, 2026

ChoiceOne Financial Services, Inc.
(Exact Name of Registrant as
Specified in its Charter)

Michigan
(State or Other Jurisdiction
of Incorporation)

000-19202
(Commission
File Number)

38-2659066
(IRS Employer
Identification No.)

109 E. Division Street
Sparta, Michigan
(Address of Principal Executive Offices)

49345
(Zip Code)

Registrant's telephone number, including area code: (616) 887-7366

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading symbol(s)	Name of each exchange on which registered
Common stock	COFS	NASDAQ Capital Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company o

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o

Item 5.07

Submission of Matters to a Vote of Security Holders.

At the annual meeting of the Company's shareholders held on Wednesday, May 20, 2026, the Company's shareholders voted on three matters: (1) the election of five directors; (2) approval on an advisory basis of the compensation of the Company’s named executive officers as disclosed in the proxy statement; and (3) ratification of the selection of Plante & Moran PLLC as the Company’s independent registered public accounting firm for the year ending December 31, 2026.

All of the nominees for director were elected by the following votes:

	Votes Cast
			Broker
	For	Withheld	Non-Votes
Keith D. Brophy	8,633,871	725,074	2,457,466
Michael J. Burke, Jr.	8,962,842	396,103	2,457,466
Bruce John Essex, Jr.	9,015,713	343,232	2,457,466
Steven T. Krause	9,021,395	337,550	2,457,466
Michelle M. Wendling	8,590,547	768,398	2,457,466

The shareholders approved the compensation of the Company’s named executive officers by the following votes:

Votes Cast

For	Against	Abstain	Broker Non-Votes
8,775,182	403,896	179,867	2,457,466

An advisory proposal to approve the Company’s executive compensation will next occur in connection with the Company’s 2027 Annual Meeting of Shareholders.

The shareholders ratified the appointment of Plante & Moran PLLC as the Company’s independent registered public accounting firm for the year ending December 31, 2026 by the following votes:

***

-2-

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated:	May 22, 2026	CHOICEONE FINANCIAL SERVICES, INC. (Registrant)

		By:	/s/ Adom J. Greenland
			Adom J. Greenland Its Chief Financial Officer, Secretary and Treasurer

-3-

Source: View Original Filing on SEC EDGAR

Shareholders voted on electing five directors, approving executive compensation on an advisory basis, and ratifying Plante & Moran PLLC as independent registered public accounting firm for the year ending December 31, 2026. All three proposals received shareholder approval at the meeting.

Yes, all five director nominees were elected. Each candidate received between 8.59 million and 9.02 million votes for, with several hundred thousand votes withheld and 2.46 million broker non-votes recorded for each director position on the ballot.

Shareholders approved the advisory proposal on named executive officer compensation with 8,775,182 votes for, 403,896 against, and 179,867 abstentions. There were also 2,457,466 broker non-votes. Another advisory vote on compensation is planned for the company’s 2027 annual meeting.

Shareholders ratified Plante & Moran PLLC as the independent registered public accounting firm for the year ending December 31, 2026. The ratification received 11,633,562 votes for, 171,748 against, and 11,101 abstentions, with no broker non-votes reported on this proposal.

The next advisory vote on executive compensation is scheduled to occur in connection with ChoiceOne Financial Services’ 2027 Annual Meeting of Shareholders. This continues the company’s practice of seeking periodic shareholder input on pay practices for named executive officers.

Each of the five director elections recorded 2,457,466 broker non-votes. Broker non-votes arise when brokers hold shares in street name but are not instructed by beneficial owners on non-routine matters like director elections or say-on-pay proposals.

Votes Cast

Broker Non-Votes

3 documents