Director at ChoiceOne (NASDAQ: COFS) receives 244-share stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
McConnell Gregory A reported acquisition or exercise transactions in this Form 4 filing.
CHOICEONE FINANCIAL SERVICES INC director Gregory A. McConnell received a grant of 244 shares of common stock on April 1, 2026. The shares were valued at $28.12 per share for reporting purposes. After this compensation-related award, he directly holds 37,244 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
McConnell Gregory A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 244 | $28.12 | $7K |
Holdings After Transaction:
Common Stock — 37,244 shares (Direct)
Footnotes (1)
Key Figures
Stock grant: 244 shares
Grant value per share: $28.12/share
Shares held after grant: 37,244 shares
3 metrics
Stock grant
244 shares
Common Stock awarded on April 1, 2026
Grant value per share
$28.12/share
Reported value for the 244-share award
Shares held after grant
37,244 shares
Director’s direct holdings following the transaction
Key Terms
Common Stock, Grant, award, or other acquisition, Form 4
3 terms
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did COFS director Gregory McConnell report?
Director Gregory A. McConnell reported receiving a grant of 244 shares of ChoiceOne Financial Services common stock. The award is classified as a grant or other acquisition, reflecting compensation rather than an open-market stock purchase or sale.
At what price was the COFS stock grant to Gregory McConnell reported?
The 244-share grant to Gregory A. McConnell was reported at $28.12 per share. This figure is used for reporting value in the Form 4 and does not necessarily represent an open-market trade price.
Was the COFS Form 4 transaction a market purchase or sale?
The Form 4 for ChoiceOne Financial Services shows a grant coded as “A,” meaning a grant, award, or other acquisition. It is not an open-market purchase or sale but a compensation-related stock award to director Gregory A. McConnell.
What does transaction code “A” mean in the COFS Form 4 filing?
Transaction code “A” in the ChoiceOne Financial Services Form 4 indicates a grant, award, or other acquisition. For Gregory A. McConnell, it reflects a stock award of 244 common shares rather than a trade he executed on the open market.