STOCK TITAN

QNB Corp. (NASDAQ: QNBC) director gets 19,905 merger shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

QNB CORP. director Kevin L. Johnson reported acquiring 19,905 shares of common stock. The shares were granted at a stated price of $0.0000 per share, reflecting an award rather than a market purchase, and were received in connection with the QNB Bank - Victory merger.

After this transaction, Johnson directly holds 19,905 common shares, indicating this award represents his full reported direct ownership in the company following the merger-related grant.

Positive

  • None.

Negative

  • None.
Insider Johnson Kevin L
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 19,905 $0.00 --
Holdings After Transaction: Common Stock — 19,905 shares (Direct)
Footnotes (1)
  1. [object Object]
Shares acquired 19,905 shares Common Stock grant on 2026-04-01
Grant price per share $0.0000 per share Award valuation in Form 4
Shares owned after transaction 19,905 shares Total direct holdings following grant
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.
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""
QNB Bank - Victory Merger financial
"Shares acquired during QNB Bank - Victory Merger"
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*
Johnson Kevin L

(Last)(First)(Middle)
1759 HAMILTON DR

(Street)
PHOENIXVILLE PENNSYLVANIA 19460

(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)
04/01/2026
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)

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 Stock04/01/2026A19,905(1)A$019,905D
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 acquired during QNB Bank - Victory Merger
Jeffrey Lehocky POA04/16/2026
** 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)

FAQ

What insider transaction did QNBC director Kevin L. Johnson report?

Kevin L. Johnson reported receiving 19,905 QNB CORP. common shares. The shares were granted as an award, not bought on the market, and were tied to the QNB Bank - Victory merger, according to the Form 4 filing and its footnote disclosure.

How many QNBC shares does Kevin L. Johnson hold after this Form 4?

After the reported transaction, Kevin L. Johnson holds 19,905 QNB CORP. common shares directly. The Form 4 shows this as his total direct ownership position following the merger-related share award on the reported transaction date.

Was the QNBC insider transaction an open-market buy or a grant?

The QNB CORP. Form 4 shows a grant or award acquisition, not an open-market buy. The transaction code is “A” with a price of $0.0000 per share, indicating the shares were awarded in connection with the QNB Bank - Victory merger.

What does the QNB Bank - Victory merger footnote mean for this QNBC Form 4?

The footnote explains the 19,905 QNB CORP. shares were acquired during the QNB Bank - Victory merger. This indicates the director’s new holdings arise from merger-related consideration or award, rather than a discretionary market purchase of existing shares.

Is the QNBC Form 4 transaction classified as a buy or an acquisition?

The Form 4 classifies the event as an acquisition through grant or award, not a market buy. It uses transaction code “A” and describes it as a grant, award, or other acquisition, consistent with merger-related share issuance to the reporting director.