CHOICEONE FINANCIAL SERVICES INC·4

Mar 12, 3:19 PM ET

Burrough Eric E 4

Research Summary

AI-generated summary

Updated

ChoiceOne Financial (COFS) Director Eric E. Burrough Buys 5,000 Shares

What Happened

  • Eric E. Burrough, a director of ChoiceOne Financial Services, acquired 5,000 shares in an open-market purchase on March 11, 2026. The shares were bought at $27.50 each, for a total transaction value of $137,500. This was a purchase (more informative for investors than routine sales).

Key Details

  • Transaction date and price: 2026-03-11, 5,000 shares at $27.50 per share.
  • Total value: $137,500.
  • Transaction type/code: Open market purchase (P).
  • Shares owned after transaction: Not reported in the provided filing excerpt.
  • Footnotes/plans: No 10b5-1 plan, tax withholding, or other special footnotes disclosed in the provided excerpt.
  • Filing timeliness: Form 4 was filed on 2026-03-12 for the 2026-03-11 transaction (appears to be timely).

Context

  • This was a straight open-market buy, not an option exercise or gift. Purchases by insiders can be viewed as a stronger signal of confidence than sales, but they do not guarantee future company performance. Retail investors should consider this alongside other fundamentals and insider activity.

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