QNB Corp (QNBC) COO exercises 3,375 options; 2,933 shares withheld
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
QNB Corp EVP and Chief Operating Officer Christopher T. Cattie reported option-related stock transactions. On 02/12/2026 he exercised options for 3,375 shares of common stock at $32.50 per share. To cover tax obligations, 2,933 shares were withheld at $37.63 per share. After these transactions, he directly owned 4,102.0165 QNB Corp common shares and continued to hold multiple stock option grants with expirations extending through 2035.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,375 shares exercised/converted
Mixed
19 txns
Insider
Cattie Christopher T
Role
EVP Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Common Stock(Right to Buy) | 3,375 | $32.50 | $110K |
| Exercise | Common Stock | 3,375 | $32.50 | $110K |
| Tax Withholding | Common Stock | 2,933 | $37.63 | $110K |
| 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 — 7,035.017 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did QNB Corp (QNBC) COO report on February 12, 2026?
QNB Corp’s EVP and COO Christopher T. Cattie reported an option-related stock transaction on February 12, 2026. He exercised stock options for 3,375 QNB Corp common shares at $32.50 per share, then had shares withheld to satisfy associated tax obligations.
What QNB Corp (QNBC) stock options does the COO continue to hold after the exercise?
Christopher Cattie continues to hold several QNB Corp stock option grants labeled as “Common Stock (Right to Buy).” These include blocks such as 3,500 shares at a $37.26 exercise price and multiple 600–860 share grants with expirations extending through 2035.
What do the transaction codes M and F mean in this QNB Corp (QNBC) Form 4?
Code M indicates the exercise or conversion of a derivative security, here converting options into 3,375 QNB Corp common shares. Code F records 2,933 shares delivered to satisfy the exercise price or tax liabilities, functioning as a tax-withholding disposition.