Krause Steven Theodore 4

What Happened

Steven Theodore Krause, a director of CHOICEONE FINANCIAL SERVICES INC (COFS), reported multiple gift transactions on February 9, 2026. The Form 4 shows a disposition by gift of 3,125 shares and four acquisitions by gift of 625 shares each (total acquired = 2,500). All entries are recorded at $0.00 per share (transaction code G), so the filing reports no cash consideration; the net change in Krause’s holdings from these entries is a decrease of 625 shares.

Key Details

• Transaction date: 2026-02-09.
• Transaction type/code: Gift (G). Price reported: $0.00 per share; dollar value shown on form = $0.
• Shares disposed: 3,125. Shares acquired: 4 × 625 = 2,500. Net shares removed: 625.
• Shares owned after transaction: not specified in the filing.
• No footnotes, 10b5-1 plan, tax-withholding, or late-filing note indicated on the reported entries.

Context

Gifts (code G) reflect transfers of shares for which no cash consideration is reported and do not necessarily signal the insider’s view of the company’s prospects—they are often for estate planning, family transfers, or charitable purposes. For retail investors, purchases tend to be more informative about insider sentiment; gift transactions are largely administrative and may have tax implications for giver/recipient.