ChoiceOne (COFS) Director Randy D. Hicks Receives 489-Share Award

What Happened

• Randy D. Hicks, a director of ChoiceOne Financial Services, received an award/grant of 489 shares on 2026-07-01. The reported acquisition price is $34.00 per share, for a total reported value of $16,626. This transaction is an award/grant (transaction code A), which is an acquisition of shares but typically represents compensation rather than an open-market purchase.

Key Details

• Transaction date: 2026-07-01
• Price per share: $34.00; Total value: $16,626
• Transaction type: Award/Grant (SEC code A)
• Shares owned after the transaction: Not specified in the filing summary provided
• Footnotes/plan: No 10b5-1 plan, tax withholding, or other footnotes disclosed in the summary provided
• Filing date vs transaction date: Form 4 filed 2026-07-06 for the 2026-07-01 transaction; Form 4s are normally due within 2 business days, so this filing appears to have been submitted after the typical reporting window

Context

• Awards and grants are common forms of director compensation and do not necessarily signal the director buying shares with personal funds; they’re different from open-market purchases, which are often watched more closely as a direct vote of confidence. The dollar value here (~$16.6K) is modest relative to many insider transactions.