COFS (COFS) director Bradley McGinnis reports 489-share stock award and updated holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
McGinnis Bradley F. reported acquisition or exercise transactions in this Form 4 filing.
CHOICEONE FINANCIAL SERVICES INC director Bradley F. McGinnis reported a stock award and updated holdings. He received a grant of 489 shares of Common Stock at $34.00 per share, bringing his direct holdings to 14,219 shares. He also reported 15,301 shares held indirectly through Megawall Corporation.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
McGinnis Bradley F.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 489 | $34.00 | $17K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 14,219 shares (Direct, null);
Common Stock — 15,301 shares (Indirect, By Megawall Corporation)
Footnotes (1)
Key Figures
Stock grant size: 489 shares
Grant price: $34.00 per share
Direct holdings after grant: 14,219 shares
+1 more
4 metrics
Stock grant size
489 shares
Common Stock award coded “A” on July 1, 2026
Grant price
$34.00 per share
Reported value for 489-share Common Stock grant
Direct holdings after grant
14,219 shares
Total direct COFS Common Stock held by McGinnis after award
Indirect holdings via Megawall
15,301 shares
COFS Common Stock held indirectly by Megawall Corporation
Key Terms
Grant, award, or other acquisition, Common Stock, indirect ownership, Form 4
4 terms
Grant, award, or other acquisition financial
"Transaction code “A” is described as a grant, award, or other acquisition."
Common Stock financial
"Both reported transactions involve the issuer’s 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.
indirect ownership financial
"15,301 shares are reported as indirect ownership by Megawall Corporation."
Form 4 regulatory
"The insider transactions are disclosed in a Form 4 filing."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did COFS director Bradley F. McGinnis report?
Bradley F. McGinnis reported receiving a grant of 489 shares of COFS Common Stock. The transaction used code “A,” indicating a grant, award, or other acquisition, rather than an open-market purchase or sale, and reflects routine equity-based compensation for the director role.
At what price was the COFS stock grant to Bradley F. McGinnis recorded?
The reported grant to Bradley F. McGinnis was recorded at $34.00 per share. This price is the value used for the 489-share award of Common Stock and helps quantify the approximate grant value disclosed in the Form 4 filing for compensation reporting purposes.
Is the COFS insider transaction a market purchase or compensation grant?
The insider transaction for COFS is a compensation-related grant, not a market purchase. It is coded “A,” which denotes a grant, award, or other acquisition, meaning the 489 shares were received as part of an award arrangement rather than bought on the open market.