ChoiceOne (COFS) Director Brian P. Petty Receives 489-Share Award

What Happened

• Brian P. Petty, a director of ChoiceOne Financial Services, received 489 shares under an award/grant (transaction code A) on July 1, 2026. The filing lists a reported price of $34.00 per share, for a total value of $16,626. This was an acquisition via award/grant (company compensation), not an open-market purchase or sale.

Key Details

• Transaction date and price: July 1, 2026 — 489 shares @ $34.00 each (total $16,626).
• Shares owned after transaction: Not disclosed in the Form 4 filing.
• Footnotes/plan details: Filing does not specify vesting, tax withholding, 10b5-1 plan, or other footnotes.
• Filing timeliness: Form 4 was filed on July 6, 2026 (five calendar days after the transaction), which appears to be later than the typical two-business-day reporting requirement.

Context

• Code A transactions are usually equity awards or grants (e.g., director compensation or restricted stock). Such awards reflect compensation policy rather than an immediate market view by the insider.
• The dollar value here ($16.6k) is modest for director grants. Because vesting or transfer restrictions aren’t disclosed, these shares may be subject to conditions that affect when they can be sold.