[Form 4] QNB CORP. Insider Trading Activity
Rhea-AI Filing Summary
Randy S. Bimes, a director of QNB CORP. (QNBC), reported a purchase of common stock on 09/26/2025. The filing shows an acquisition of 281.9284 shares at a price of $35.47 per share, and reports total beneficial ownership of 260,469.1864 shares following the transaction. The form notes that 995.0197 of those shares were acquired through the company's Dividend Reinvestment Plan. The Form 4 was signed by David W. Freeman as power of attorney on 10/01/2025 and lists the reporting person's Quakertown, PA address.
Positive
- None.
Negative
- None.
Insights
TL;DR Director purchased 281.9284 shares at $35.47, modestly increasing direct ownership to 260,469.1864 shares.
This Form 4 documents a routine insider acquisition by a company director on 09/26/2025. The reported purchase size is small relative to total common shares outstanding typically associated with public banks, and the filing also discloses 995.0197 shares obtained via the Dividend Reinvestment Plan, indicating ongoing passive accumulation. The filing is complete for the transaction: it shows the transaction code, price, post-transaction beneficial ownership, and an executed signature by a POA.
TL;DR Proper Section 16 disclosure filed for insider purchase, signed by POA; transaction appears routine and compliant.
The Form 4 identifies the reporting person as a director and indicates the filing was submitted by a single reporting person. The form includes the transaction date, transaction code, acquisition amount, price per share, and the post-transaction beneficial ownership total. The inclusion of shares from the Dividend Reinvestment Plan is explicitly noted. The signature by a power of attorney on 10/01/2025 satisfies execution requirements reflected on the form.