Director Randy Hicks (COFS) awarded 591 shares via trust, now 99,526 held
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ChoiceOne Financial Services director reports stock grant through trust. Randy D. Hicks reported an indirect acquisition of 591 shares of ChoiceOne Financial Services common stock on April 1, 2026, at a fair value reference of $28.12 per share, held via the Randy D. Hicks Trust.
Following this grant or award, the trust’s indirect holdings attributed to Hicks increased to 99,526 common shares. This is a compensation-related equity award, not an open-market purchase, and represents a routine addition to his indirect ownership position.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hicks Randy D
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 591 | $28.12 | $17K |
Holdings After Transaction:
Common Stock — 99,526 shares (Indirect, Randy D. Hicks Trust)
Footnotes (1)
Key Figures
Shares granted: 591 shares
Grant reference price: $28.12 per share
Total shares after transaction: 99,526 shares
3 metrics
Shares granted
591 shares
Common Stock grant on April 1, 2026
Grant reference price
$28.12 per share
Valuation for Common Stock award
Total shares after transaction
99,526 shares
Indirect holdings via Randy D. Hicks Trust after award
Key Terms
Grant, award, or other acquisition, indirect, Randy D. Hicks Trust
3 terms
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition"
indirect financial
""ownership_type": "indirect""
Randy D. Hicks Trust financial
""nature_of_ownership": "Randy D. Hicks Trust""
FAQ
What insider transaction did COFS director Randy D. Hicks report?
Randy D. Hicks reported receiving 591 shares of ChoiceOne Financial Services common stock as a grant or award. The shares were acquired indirectly through the Randy D. Hicks Trust, reflecting compensation-related equity rather than an open-market purchase.
Was the COFS insider transaction a market buy or a stock award?
The transaction was a stock grant or award, coded as an acquisition under Form 4 rules, not an open-market purchase. Hicks received 591 common shares indirectly through his trust at a reference price of $28.12 per share.
How is Randy D. Hicks’ ownership in COFS structured in this filing?
The filing shows Hicks’ ownership as indirect, with shares held by the Randy D. Hicks Trust. The nature of ownership is coded as indirect, meaning the trust, rather than Hicks personally, is the record holder of the 99,526 ChoiceOne Financial Services shares.
What does transaction code "A" mean in the COFS Form 4 filing?
Transaction code "A" on the ChoiceOne Financial Services Form 4 indicates a grant, award, or other acquisition of securities. In this case, it reflects a compensation-related award of 591 common shares to Randy D. Hicks via his trust, not an open-market trade.