Director Krause adds COFS shares via trust grant in Form 4 filing

Rhea-AI Filing Summary

ChoiceOne Financial Services director Steven Theodore Krause reported an indirect acquisition of company stock through a trust. On April 1, 2026, a trust associated with him received 591 shares of common stock as a grant/award at $28.12 per share. Following this award, the trust’s indirect holdings increased to 17,038.9081 shares. The filing also shows 29,843.3308 shares held directly and additional indirect holdings listed as being held for grandchildren. Footnotes note small additional share increases from dividend reinvestment.

Insider Trade Summary

6 transactions reported

Mixed 6 txns

Insider Krause Steven Theodore

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	591	$28.12	$17K
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 17,038.908 shares (Indirect, By Trust); Common Stock — 29,843.331 shares (Direct)

Footnotes (1)

1. Column 5 reflects the acquisition of 164.8412 shares from the reinvestment of cash dividends. Column 5 reflects the acquisition of 104.2892 shares from the reinvestment of cash dividends.

Key Figures

Shares granted to trust: 591 shares Grant price: $28.12 per share Trust holdings after award: 17,038.9081 shares +5 more

8 metrics

Shares granted to trust 591 shares Indirect grant/award on April 1, 2026

Grant price $28.12 per share Price for 591-share award to trust

Trust holdings after award 17,038.9081 shares Indirect holdings by trust following transaction

Direct holdings 29,843.3308 shares Shares held directly by Steven Krause

Grandchild indirect holding 1 6,116.0000 shares Indirect ownership labeled By Grandchild

Grandchild indirect holding 2 6,117.0000 shares Indirect ownership labeled By Grandchild

Dividend reinvestment addition 1 164.8412 shares Acquired via reinvestment of cash dividends

Dividend reinvestment addition 2 104.2892 shares Acquired via reinvestment of cash dividends

Key Terms

Grant, award, or other acquisition, indirect ownership, reinvestment of cash dividends, Common Stock

4 terms

Grant, award, or other acquisition financial

"transaction code description shows “Grant, award, or other acquisition” for the 591 shares"

indirect ownership financial

"The 591-share award is reported as indirect ownership with nature of ownership listed as By Trust"

reinvestment of cash dividends financial

"Footnotes state shares were acquired from the reinvestment of cash dividends and included in column 5"

Common Stock financial

"Each reported transaction involves Common Stock of ChoiceOne Financial Services Inc."

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.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Krause Steven Theodore

(Last) (First) (Middle)

109 EAST DIVISION STREET

(Street)

SPARTA MICHIGAN 49345

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
CHOICEONE FINANCIAL SERVICES INC [ COFS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/01/2026		A		591	A	$28.12	17,038.9081(1)	I	By Trust
Common Stock								29,843.3308(2)	D
Common Stock								6,116	I	By Grandchild
Common Stock								6,117	I	By Grandchild
Common Stock								4,124	I	By Grandchild
Common Stock								1,285	I	By Grandchild

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Column 5 reflects the acquisition of 164.8412 shares from the reinvestment of cash dividends.

2. Column 5 reflects the acquisition of 104.2892 shares from the reinvestment of cash dividends.

	/s/ Christian D. Rhoades, by Power of Attorney	04/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did COFS director Steven Krause report?

Director Steven Krause reported an indirect acquisition of ChoiceOne Financial Services common stock. A trust associated with him received 591 shares as a grant or award at $28.12 per share on April 1, 2026, increasing the trust’s reported indirect holdings to 17,038.9081 shares.

At what price was the COFS stock grant to Steven Krause’s trust recorded?

The stock grant to Steven Krause’s associated trust was recorded at $28.12 per share. This price applied to 591 shares of ChoiceOne Financial Services common stock received as a grant or award, as disclosed for the April 1, 2026 transaction in the insider filing.

How many COFS shares does Steven Krause’s trust hold after the transaction?

After the April 1, 2026 award, the trust associated with director Steven Krause holds 17,038.9081 shares indirectly. This figure reflects the grant of 591 shares at $28.12 per share plus prior holdings and includes small additional shares from dividend reinvestment noted in the footnotes.

What are Steven Krause’s direct holdings of COFS common stock?

The filing lists 29,843.3308 shares of ChoiceOne Financial Services common stock held directly by Steven Krause. This direct ownership figure is reported as of the same April 1, 2026 date, separate from shares held indirectly through a trust or on behalf of grandchildren.

How are COFS shares held indirectly for Steven Krause’s grandchildren reported?

The filing reports several indirect positions labeled “By Grandchild,” including holdings of 6,116.0000, 6,117.0000, 4,124.0000, and 1,285.0000 shares. These entries indicate separate indirect accounts or arrangements for grandchildren, distinct from both the trust holdings and Krause’s direct ownership.

What do the dividend reinvestment footnotes in the COFS Form 4 indicate?

Footnotes explain that column 5 includes additional shares from dividend reinvestment, specifically 164.8412 shares and 104.2892 shares. These amounts reflect automatic reinvestment of cash dividends into ChoiceOne Financial Services stock, modestly increasing the reported share balances without open-market purchases.