STOCK TITAN

QNB CORP. (QNBC) director receives 219-share equity award under 2023 plan

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.

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Negative

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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)
  1. [object Object]
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
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.
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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.

How many QNBC shares does Joseph W. Major hold after this Form 4/A?

After receiving the 219 shares of QNB CORP. common stock, Joseph W. Major directly holds a total of 70,964 shares. The filing lists this as his direct ownership position following the July 1, 2026 transaction.

What price is reported for the QNBC shares acquired by Joseph W. Major?

The Form 4/A reports a transaction price of $43.85 per share for the 219 shares of QNB CORP. common stock acquired on July 1, 2026, even though the footnote indicates the shares were issued under a director compensation plan.

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.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Major Joseph W

(Last)(First)(Middle)
125 LAUREL RD

(Street)
BOYERTOWN PENNSYLVANIA 19512

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
QNB CORP. [ QNBC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)
07/01/2026
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock07/01/2026P219(1)A$43.8570,964D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Shares issued under 2023 Non-Employee Director Compensation Plan
Jeffrey Lehocky POA07/13/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)