QNB CORP. (QNBC) director receives 219-share equity award under 2023 plan
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Major Joseph W reported open-market purchase transactions in this Form 4 filing.
QNB CORP. director Joseph W. Major reported acquiring 219 shares of QNB CORP. common stock on July 1, 2026 at $43.85 per share. A footnote states these shares were issued under the 2023 Non-Employee Director Compensation Plan, indicating a compensation-related award rather than a discretionary market trade. Following this transaction, Major directly holds 70,964 shares of QNB CORP. common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 219 shares ($9,603)
Net Buy
1 txn
Insider
Major Joseph W
Role
Director
Bought
219 shs ($10K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 219 | $43.85 | $10K |
Holdings After Transaction:
Common Stock — 70,964 shares (Direct)
Footnotes (1)
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Key Figures
Shares acquired: 219 shares
Price per share: $43.85
Post-transaction holdings: 70,964 shares
+2 more
5 metrics
Shares acquired
219 shares
Common stock acquired on July 1, 2026
Price per share
$43.85
Reported transaction price for the 219 acquired shares
Post-transaction holdings
70,964 shares
Direct ownership of QNB CORP. common stock after the transaction
Buy transactions in filing
1
Number of buy-type transactions reported in this Form 4/A
Net buy shares
219 shares
Net buy direction across all reported transactions
Key Terms
2023 Non-Employee Director Compensation Plan, open-market purchase, Common Stock
3 terms
2023 Non-Employee Director Compensation Plan financial
"Shares issued under 2023 Non-Employee Director Compensation Plan"
open-market purchase financial
"transaction_action: open-market purchase"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
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.
FAQ
What insider transaction did QNBC director Joseph W. Major report?
Director Joseph W. Major reported acquiring 219 shares of QNB CORP. common stock on July 1, 2026 at $43.85 per share, issued under the 2023 Non-Employee Director Compensation Plan as a compensation-related share award.
Was the QNBC insider transaction an open-market purchase?
The transaction is coded as an open-market purchase (P), but a footnote explains the 219 shares were issued under the 2023 Non-Employee Director Compensation Plan, indicating a director compensation grant rather than a discretionary open-market buy.
What role does Joseph W. Major have at QNB CORP. (QNBC)?
Joseph W. Major is identified in the filing as a director of QNB CORP. The reported acquisition of 219 shares under the 2023 Non-Employee Director Compensation Plan reflects equity-based compensation for his board service.