Burke Michael J. Jr. 4

What Happened

• Michael J. Burke Jr., President and Director of ChoiceOne Financial Services, was granted a contingent award of 2,439 shares (code A) on April 30, 2026 (reported May 4, 2026). The award was granted at $0.00 per share (no cash purchase).
• Also on April 30, 2026, 252 shares were disposed/forfeited (code F) at $30.03 per share to satisfy a tax liability, generating proceeds (or tax withholding) of about $7,568. The filing shows the award and the tax-related forfeiture — the award vests in full on April 30, 2029, per the footnote.
• These actions are compensation-related (award + routine tax withholding), not an open‑market purchase or a voluntary sale.

Key Details

• Transaction dates: April 30, 2026; filing date: May 4, 2026 (no late‑filing flag provided in the supplied data).
• Grant: 2,439 shares acquired (A) at $0.00; vests in full on April 30, 2029 (footnote F2).
• Forfeiture/withholding: 252 shares disposed (F) at $30.03 for tax liability ≈ $7,568 (footnote F1: shares forfeited upon conversion of stock units granted April 30, 2023).
• Shares owned after the transactions: not specified in the provided filing extract.
• Transaction codes: A = award/grant (compensation); F = shares withheld/forfeited to satisfy tax obligations.

Context

• The 2,439 shares are a contingent compensation award that will vest in 2029 — not an immediate market purchase and not a signal of a direct buy or sell decision by the insider.
• The 252‑share disposal is routine tax withholding/forfeiture connected to prior stock‑unit conversion, which is common after equity awards vest/convert and does not necessarily reflect the insider’s market view.