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ChoiceOne (NASDAQ: COFS) director gets 591-share stock award at $28.12

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

CHOICEONE FINANCIAL SERVICES INC director Eric E. Burrough reported a stock award of common shares. On April 1, 2026, he acquired 591 shares of common stock at a price of $28.12 per share as a grant or award, bringing his direct holdings to 180,988 shares.

Positive

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Insights

Director received a small routine stock award, expanding his equity stake.

Director Eric E. Burrough received a grant of 591 shares of ChoiceOne Financial common stock at $28.12 per share. The transaction is coded as a grant or award, indicating compensation rather than an open-market purchase.

Following this award, he directly holds 180,988 shares. With no derivative positions disclosed and no sales reported, this filing simply records incremental share-based compensation, a common practice for board members and typically a low-signal governance event.

Insider Burrough Eric E
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 591 $28.12 $17K
Holdings After Transaction: Common Stock — 180,988 shares (Direct)
Footnotes (1)
Shares granted 591 shares Common Stock award to director on April 1, 2026
Grant price $28.12 per share Recorded price for 591-share stock award
Shares owned after 180,988 shares Director’s direct holdings following the grant
Transaction date April 1, 2026 Date of the reported stock grant
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
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.
non-derivative financial
""transaction_type": "non-derivative""
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.
SEC Form 4
FORM 4UNITED 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*
Burrough Eric E

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock04/01/2026A591A$28.12180,988D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
/s/ Christian D. Rhoades, by Power of Attorney04/02/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transaction did COFS director Eric E. Burrough report?

Director Eric E. Burrough reported receiving a grant of 591 ChoiceOne Financial common shares. The award was recorded at $28.12 per share as equity compensation, increasing his directly held stake in COFS rather than reflecting an open-market stock purchase or sale.

How many COFS shares does Eric E. Burrough hold after this Form 4?

After the reported grant, Eric E. Burrough directly holds 180,988 ChoiceOne Financial common shares. This figure reflects his ownership following the 591-share award reported on April 1, 2026, and shows his ongoing equity exposure as a company director.

Was the COFS Form 4 transaction a stock purchase or a grant?

The COFS Form 4 shows a grant or award acquisition, not an open-market purchase. Eric E. Burrough received 591 common shares as equity compensation at a recorded price of $28.12 per share, consistent with routine director stock-based awards rather than discretionary buying.

What was the price per share for Eric E. Burrough’s COFS stock award?

The 591-share award to Eric E. Burrough was recorded at $28.12 per ChoiceOne Financial common share. This figure represents the grant price used for reporting on the Form 4 filing and helps quantify the value of the equity compensation he received as a director.

Does the COFS Form 4 show any stock sales by Eric E. Burrough?

The Form 4 for ChoiceOne Financial shows only an acquisition through a grant of 591 shares. It reports no stock sales or dispositions by director Eric E. Burrough, indicating the filing solely records an increase in his direct share ownership on April 1, 2026.