Brophy Keith D. 4
Research Summary
AI-generated summary
ChoiceOne (COFS) Director Keith Brophy Receives 418 Shares
What Happened
Keith D. Brophy, a director of ChoiceOne Financial Services, acquired 418 shares on April 1, 2026, at $28.12 per share, a total value of approximately $11,754. The filing classifies the transaction as an award/grant or other acquisition (code A).
Key Details
- Transaction date: 2026-04-01; price: $28.12; total value ≈ $11,754
- Shares acquired: 418 (note: 245.7098 of these shares resulted from reinvestment of cash dividends, per the filing footnote)
- Transaction code: A (award/grant/other acquisition)
- Filing date: Form 4 filed 2026-04-03 (no late-filing flag shown in the provided data)
- Shares owned after the transaction: not specified in the excerpt provided
Context
Dividend reinvestment means part of the new shares were purchased using cash dividends rather than a separate open-market buy; such reinvestments are typically routine. Award or acquisition filings can reflect compensation, dividend reinvestment, or other non-open-market additions to holdings and do not by themselves indicate the insider's market view.
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