ChoiceOne (NASDAQ: COFS) director reports 489-share stock award via trust
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CHOICEONE FINANCIAL SERVICES INC director Randy D. Hicks reported an indirect award of 489 shares of Common Stock to the Randy D. Hicks Trust at $34.00 per share. Following this grant, the trust’s indirect holdings reported for him total 100,015 shares, indicating a routine compensation-related acquisition rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hicks Randy D
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 489 | $34.00 | $17K |
Holdings After Transaction:
Common Stock — 100,015 shares (Indirect, Randy D. Hicks Trust)
Footnotes (1)
Key Figures
Shares awarded: 489 shares
Award price: $34.00 per share
Shares after transaction: 100,015 shares
+2 more
5 metrics
Shares awarded
489 shares
Common Stock grant on 2026-07-01
Award price
$34.00 per share
Price for awarded Common Stock
Shares after transaction
100,015 shares
Indirect holdings following award
Transaction code
A
Grant, award, or other acquisition
Ownership type
Indirect
Held via Randy D. Hicks Trust
Key Terms
Common Stock, Grant, award, or other acquisition, indirect, Randy D. Hicks Trust
4 terms
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
indirect financial
"ownership_type: "indirect""
Randy D. Hicks Trust financial
"nature_of_ownership: "Randy D. Hicks Trust""
FAQ
What insider transaction did COFS director Randy D. Hicks report?
Randy D. Hicks reported an indirect award of 489 COFS common shares to the Randy D. Hicks Trust at $34.00 per share. This Form 4 reflects a compensation-related acquisition, not an open-market purchase, and increases the trust’s reported indirect holdings to 100,015 shares.
Was the COFS Form 4 transaction a stock purchase or an award?
The COFS Form 4 shows a stock award, coded “A” for grant, award, or other acquisition. Hicks received 489 common shares at $34.00 per share through the Randy D. Hicks Trust, indicating a compensation-related grant rather than an open-market buy or sell transaction.
Is the COFS insider transaction held directly or through a trust?
The COFS shares from this transaction are held indirectly through the Randy D. Hicks Trust, as indicated by the ownership code “I.” The Form 4 specifies indirect ownership, clarifying that the 489-share award and the 100,015-share total are associated with the trust, not direct holdings.
What does transaction code “A” mean in the COFS Form 4 filing?
In this COFS Form 4, transaction code “A” signifies a grant, award, or other acquisition of securities. It identifies the 489-share event as a compensation-related stock award at $34.00 per share, distinguishing it from open-market buys, sells, or derivative exercises typically reported with other codes.