What does the 127-share tax-withholding transaction mean for COFS?

The 127-share transaction reflects shares withheld to pay taxes, not an open-market sale. These shares were valued at $30.03 each and used to cover tax obligations arising from the equity award, a standard administrative step in stock-based compensation.

What are Adom Greenland’s COFS share holdings after these transactions?

Following the April 30, 2026 transactions, Greenland directly owned 16,294.4702 shares of ChoiceOne common stock. He also indirectly held 3,690.1340 shares through an IRA, indicating both personal and retirement-account exposure to the company’s stock.

ChoiceOne (NASDAQ: COFS) secretary gets stock grant with tax withholding

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

CHOICEONE FINANCIAL SERVICES INC secretary Adom Greenland reported routine equity compensation and related tax withholding on common stock. On April 30, 2026, Greenland received an award of 1,506 shares of common stock, with a footnote stating this is a contingent right that will vest in full on April 30, 2029. To cover tax obligations, 127 shares were withheld at $30.03 per share, a non-market, tax-withholding disposition. After these transactions, Greenland directly owned 16,294.4702 shares of common stock and indirectly held 3,690.1340 shares through an IRA.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Greenland Adom

Role Secretary

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	127	$30.03	$4K
Grant/Award	Common Stock	1,506	$0.00	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 16,294.47 shares (Direct, null); Common Stock — 3,690.134 shares (Indirect, IRA)

Footnotes (1)

Shares forfeited upon conversion of stock units granted April 30, 2023 to common stock. Reports the grant of the contingent right to receive shares of common stock which will vest in full on April 30, 2029.

Key Figures

Equity grant: 1,506 shares Tax-withheld shares: 127 shares at $30.03 Direct holdings after transactions: 16,294.4702 shares +2 more

5 metrics

Equity grant 1,506 shares Common Stock awarded on April 30, 2026

Tax-withheld shares 127 shares at $30.03 Shares withheld to cover tax liability

Direct holdings after transactions 16,294.4702 shares Common Stock directly owned after April 30, 2026

Indirect IRA holdings 3,690.1340 shares Common Stock held indirectly via IRA

Tax withholding shares count 127 shares Reported in transactionSummary as taxWithholdingShares

Key Terms

grant/award acquisition, tax-withholding disposition, contingent right, stock units

4 terms

grant/award acquisition financial

"transaction_action": "grant/award acquisition""

tax-withholding disposition financial

"transaction_action": "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

contingent right financial

"Reports the grant of the contingent right to receive shares of common stock"

stock units financial

"Shares forfeited upon conversion of stock units granted April 30, 2023 to common stock."

Stock units are individual pieces of ownership in a company, like slices of a pie that together make up the whole business. They matter to investors because each unit represents a claim on the company’s assets, profits and sometimes voting power, and changes in the number or value of these units affect ownership percentages, potential dividends and share dilution — all of which influence an investment’s worth.

Form 4 Insider Transactions: What Each Field Means →

05/04/2026 - 05:34 PM

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^*

Greenland Adom

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/30/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/30/2026		F		127	D	$30.03	16,294.4702⁽¹⁾	D
Common Stock	04/30/2026		A		1,506	A	$0	17,800.4702⁽²⁾	D
Common Stock								3,690.134	I	IRA

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Shares forfeited upon conversion of stock units granted April 30, 2023 to common stock.

2. Reports the grant of the contingent right to receive shares of common stock which will vest in full on April 30, 2029.

	/s/ Christian D. Rhoades, by Power of Attorney	05/04/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What did COFS secretary Adom Greenland report in this Form 4?

Adom Greenland reported a routine equity grant and related tax withholding. He received 1,506 shares of ChoiceOne common stock and had 127 shares withheld at $30.03 per share to satisfy tax obligations, all dated April 30, 2026.

How many COFS shares were granted to Adom Greenland on April 30, 2026?

Greenland was granted 1,506 shares of ChoiceOne common stock. A footnote explains this is a contingent right to receive shares that will vest in full on April 30, 2029, reflecting long-term incentive compensation rather than an open-market stock purchase.

When will Adom Greenland’s new COFS stock award vest?

The filing notes the grant is a contingent right to receive common shares that will vest in full on April 30, 2029. This vesting schedule ties the award to long-term service and aligns Greenland’s compensation with future company performance over several years.

What do the Form 4 footnotes say about prior COFS stock units?

One footnote states that some shares were forfeited upon conversion of stock units granted April 30, 2023 into common stock. This indicates earlier stock unit awards have converted, with associated share adjustments, as part of ongoing equity compensation arrangements.