Burrough Eric E 4
Research Summary
AI-generated summary
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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