ChoiceOne (NASDAQ: COFS) director adds 345-share stock grant via trust
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Brophy Keith D. reported acquisition or exercise transactions in this Form 4 filing.
CHOICEONE FINANCIAL SERVICES INC director Keith D. Brophy reported an equity award and updated holdings. He received 345 shares of Common Stock at $34.00 per share as a grant held indirectly through a trust, bringing that indirect position to 13,443.9087 shares. A separate entry shows 8,556 directly held shares as of the same date.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Brophy Keith D.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 345 | $34.00 | $12K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 13,443.909 shares (Indirect, Trust);
Common Stock — 8,556 shares (Direct, null)
Footnotes (1)
Key Figures
Equity grant shares: 345 shares
Grant price: $34.00 per share
Indirect holdings after grant: 13,443.9087 shares
+1 more
4 metrics
Equity grant shares
345 shares
Common Stock grant coded A on Form 4
Grant price
$34.00 per share
Reported price for 345-share award
Indirect holdings after grant
13,443.9087 shares
Common Stock held via trust after transaction
Direct holdings reported
8,556 shares
Separate holding entry as of transaction date
Key Terms
Grant, award, or other acquisition, indirect, Common Stock, Form 4
4 terms
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition"
indirect financial
""ownership_type": "indirect","
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
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 Keith D. Brophy report?
Keith D. Brophy reported receiving 345 shares of CHOICEONE FINANCIAL SERVICES INC Common Stock as an equity grant. The award was recorded at $34.00 per share and is held indirectly through a trust associated with him, reflecting compensation rather than an open-market purchase.
Was the COFS Form 4 transaction a market buy or a grant?
The COFS Form 4 shows a grant or award acquisition, not a market purchase. Code A indicates 345 Common Stock shares were awarded at $34.00 per share, held indirectly via a trust, consistent with compensation-related stock awards rather than discretionary open-market buying.
Does the COFS Form 4 show any insider selling activity?
The COFS Form 4 does not report any selling transactions. It shows one grant or award acquisition of 345 Common Stock shares and one holding entry, with no open-market sales, tax-withholding dispositions, or gifts disclosed in the summarized transaction data.