ChoiceOne (COFS) President Michael Burke Buys 250 Shares

What Happened
Michael J. Burke Jr., President and Director of ChoiceOne Financial Services, Inc. (COFS), acquired 250 shares on 2026-02-27 via an open market/private purchase at $28.58 per share, for a total transaction value of $7,145. This was a purchase (an acquiring transaction), which insiders’ buys are often viewed as more informative than routine sales.

Key Details

• Transaction date: 2026-02-27; Form 4 filed: 2026-03-02 (within the typical 2-business-day reporting window).
• Transaction type: P = Purchase (open market/private purchase).
• Shares purchased: 250 at $28.58 each; total value $7,145.
• Shares owned after the transaction: not specified in the provided summary.
• Footnotes on the filing:
  • F1 notes Column 5 reflects acquisition of 99.26 shares from reinvestment of cash dividends.
  • F2 notes Column 5 reflects acquisition of 202.5865 shares under the Employee Stock Purchase Plan and 268.3576 shares from reinvestment of cash dividends.
• No late-filing flag was indicated in the provided data.

Context

• This is a straightforward open-market/private purchase rather than an option exercise, gift, or award.
• The purchase amount ($7,145) is relatively small; while purchases can signal confidence, small-dollar buys may also reflect routine plan activity or personal allocation decisions.
• The footnotes suggest additional share acquisitions through dividend reinvestment and the ESPP elsewhere on the Form 4; those are separate, routine mechanisms for accumulating shares.