ChoiceOne (COFS) director reports 489-share stock grant and updated holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Krause Steven Theodore reported acquisition or exercise transactions in this Form 4 filing.
CHOICEONE FINANCIAL SERVICES INC director Steven Theodore Krause reported updated holdings and a stock grant of common stock. On July 1, 2026, an indirect trust account received 489 shares at $34.00 per share, bringing that trust’s holdings to 17,527.9081 shares. Krause also reported 29,843.3308 shares held directly and several indirect positions held by grandchildren of 1,285, 4,124, 6,117, and 6,116 shares. The Form 4 records a compensation-related grant, not an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Krause Steven Theodore
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 489 | $34.00 | $17K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 17,527.908 shares (Indirect, Trust);
Common Stock — 29,843.331 shares (Direct, null)
Footnotes (1)
Key Figures
Stock grant shares: 489 shares
Grant price: $34.00 per share
Trust holdings after grant: 17,527.9081 shares
+5 more
8 metrics
Stock grant shares
489 shares
Grant/award of common stock to trust on July 1, 2026
Grant price
$34.00 per share
Price for 489-share grant to trust
Trust holdings after grant
17,527.9081 shares
Indirect holdings in trust following 489-share grant
Direct holdings
29,843.3308 shares
Common stock held directly by Steven Krause
Grandchild holding 1
1,285 shares
Indirect ownership by grandchild
Grandchild holding 2
4,124 shares
Indirect ownership by grandchild
Grandchild holding 3
6,117 shares
Indirect ownership by grandchild
Grandchild holding 4
6,116 shares
Indirect ownership by grandchild
Key Terms
Grant, award, or other acquisition, indirect ownership, direct ownership, Trust, +1 more
5 terms
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition"
indirect ownership financial
""ownership_type": "indirect", "ownership_code": "I""
direct ownership financial
""ownership_type": "direct", "ownership_code": "D""
Trust financial
""nature_of_ownership": "Trust""
A trust is a legal setup in which one party (the trustee) holds and manages assets—like cash, stocks or property—on behalf of other people (beneficiaries) according to instructions from the person who created it (the grantor). Think of it as a locked box with a keyholder who must follow written rules; for investors it matters because trusts influence who controls and benefits from assets, affect taxes and succession, and can change how quickly or transparently shares are bought, sold or voted.
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.
FAQ
What did ChoiceOne (COFS) director Steven Krause report in this Form 4?
Director Steven Krause reported a stock grant and updated holdings. A trust associated with him received 489 ChoiceOne common shares, and the filing also lists his direct stake and several indirect positions held for grandchildren as of July 1, 2026.
Was this ChoiceOne (COFS) Form 4 an open-market buy or sell by Steven Krause?
The Form 4 shows a grant or award of 489 shares to a trust, not an open-market trade. The transaction code is “A”, indicating a grant, award, or other acquisition, and no open-market purchases or sales are reported in the summarized transaction data.