STOCK TITAN

QNB Corp (QNBC) EVP exercises stock options and sells common shares

Filing Impact
(Moderate)
Filing Sentiment
(Positive)
Form Type
4

Rhea-AI Filing Summary

QNB Corp. executive Scott G. Orzehoski, EVP and Chief Lending Officer, reported multiple equity transactions dated January 30, 2026. He exercised rights to buy 3,375 shares of QNB Corp. common stock at $32.50 per share, which increased his holdings before subsequent dispositions.

On the same date, he sold 300 shares of common stock at $38.28 per share and had 2,650 shares disposed of in a transaction priced at $37.75 per share, leaving him with 16,092 shares of common stock held directly. He also continues to hold several outstanding stock option awards on QNB Corp. common stock with exercise prices ranging from $23.40 to $37.26 and expiration dates between 2027 and 2035.

Positive

  • None.

Negative

  • None.
Insider Orzehoski Scott G
Role EVP, Chief Lending Officer
Sold 300 shs ($11K)
Type Security Shares Price Value
Exercise Common Stock(Right to Buy) 3,375 $32.50 $110K
Exercise Common Stock 300 $32.50 $10K
Sale Common Stock 300 $38.28 $11K
Exercise Common Stock 3,075 $32.50 $100K
Tax Withholding Common Stock 2,650 $37.75 $100K
holding Common Stock(Right to Buy) -- -- --
holding Common Stock(Right to Buy) -- -- --
holding Common Stock(Right to Buy) -- -- --
holding Common Stock(Right to Buy) -- -- --
holding Common Stock(Right to Buy) -- -- --
holding Common Stock(Right to Buy) -- -- --
holding Common Stock(Right to Buy) -- -- --
holding Common Stock(Right to Buy) -- -- --
holding Common Stock(Right to Buy) -- -- --
holding Common Stock(Right to Buy) -- -- --
holding Common Stock(Right to Buy) -- -- --
holding Common Stock(Right to Buy) -- -- --
holding Common Stock(Right to Buy) -- -- --
holding Common Stock(Right to Buy) -- -- --
holding Common Stock(Right to Buy) -- -- --
holding Common Stock(Right to Buy) -- -- --
Holdings After Transaction: Common Stock(Right to Buy) — 0 shares (Direct); Common Stock — 15,967 shares (Direct)
Footnotes (1)
SEC Form 4
FORM 4 UNITED 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*
Orzehoski Scott G

(Last) (First) (Middle)
P.O. BOX 9005

(Street)
QUAKERTOWN PA 18951

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
QNB CORP. [ QNBC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, Chief Lending Officer
3. Date of Earliest Transaction (Month/Day/Year)
01/30/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 01/30/2026 M 300 A $32.5 15,967 D
Common Stock 01/30/2026 S 300 D $38.28 15,667 D
Common Stock 01/30/2026 M 3,075 A $32.5 18,742 D
Common Stock 01/30/2026 F 2,650 D $37.75 16,092 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Common Stock(Right to Buy) $32.5 01/30/2026 M 3,375 02/15/2024 02/15/2026 Common Stock 3,375 $32.5 0 D
Common Stock(Right to Buy) $37.26 02/15/2025 02/15/2027 Common Stock 3,500 3,500 D
Common Stock(Right to Buy) $29.51 02/15/2024 02/15/2033 Common Stock 700 700 D
Common Stock(Right to Buy) $29.51 02/15/2025 02/15/2033 Common Stock 700 700 D
Common Stock(Right to Buy) $29.51 02/15/2026 02/15/2033 Common Stock 700 700 D
Common Stock(Right to Buy) $29.51 02/15/2027 02/15/2033 Common Stock 700 700 D
Common Stock(Right to Buy) $29.51 02/15/2028 02/15/2033 Common Stock 700 700 D
Common Stock(Right to Buy) $23.4 02/15/2025 02/15/2034 Common Stock 600 600 D
Common Stock(Right to Buy) $23.4 02/15/2026 02/15/2034 Common Stock 600 600 D
Common Stock(Right to Buy) $23.4 02/15/2027 02/15/2034 Common Stock 600 600 D
Common Stock(Right to Buy) $23.4 02/15/2028 02/15/2034 Common Stock 600 600 D
Common Stock(Right to Buy) $23.4 02/15/2029 02/15/2034 Common Stock 600 600 D
Common Stock(Right to Buy) $33.5 02/14/2026 02/14/2035 Common Stock 860 860 D
Common Stock(Right to Buy) $33.5 02/14/2027 02/14/2035 Common Stock 860 860 D
Common Stock(Right to Buy) $33.5 02/14/2028 02/14/2035 Common Stock 860 860 D
Common Stock(Right to Buy) $33.5 02/14/2029 02/14/2035 Common Stock 860 860 D
Common Stock(Right to Buy) $33.5 02/14/2030 02/14/2035 Common Stock 860 860 D
Explanation of Responses:
Scott Orzehoski 02/03/2026
** Signature of Reporting Person Date
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.

FAQ

What insider activity did QNB Corp (QNBC) report for Scott G. Orzehoski?

QNB Corp reported that EVP and Chief Lending Officer Scott G. Orzehoski exercised rights to acquire 3,375 shares at $32.50 and conducted related share sales and tax-related dispositions on January 30, 2026, as shown in the Form 4 tables.

How many QNB Corp (QNBC) shares does Scott G. Orzehoski own after the Form 4 transactions?

After the reported transactions on January 30, 2026, Scott G. Orzehoski directly owns 16,092 shares of QNB Corp. common stock. This figure appears in the final non-derivative transaction line as the amount beneficially owned following the reported transactions.

What option exercises did Scott G. Orzehoski report for QNB Corp (QNBC)?

He reported exercising derivative securities labeled Common Stock (Right to Buy) at an exercise price of $32.50 per share, converting 3,375 rights into QNB Corp. common stock on January 30, 2026, with that specific option grant reduced to zero following the exercise.

What share sales did the QNB Corp (QNBC) Form 4 disclose for Scott G. Orzehoski?

The filing shows a sale of 300 QNB Corp. common shares at $38.28 per share, plus a separate disposition of 2,650 shares at $37.75 per share on January 30, 2026, leaving a post-transaction balance of 16,092 directly held shares.

What QNB Corp (QNBC) stock options does Scott G. Orzehoski still hold after these transactions?

He continues to hold multiple Common Stock (Right to Buy) awards with exercise prices including $37.26, $29.51, $23.40, and $33.50, covering various share amounts, with expiration dates ranging from February 15, 2027 to February 14, 2035.

What is the significance of the M, S, and F transaction codes in the QNB Corp (QNBC) Form 4?

In this Form 4, code M appears with transactions converting Common Stock (Right to Buy) into common shares, code S marks a 300-share sale at $38.28, and code F is associated with a 2,650-share disposition at $37.75.