QNB CORP. (QNBC) EVP awarded restricted and common stock in Form 4

Rhea-AI Filing Summary

Covelens Courtney Lee reported acquisition or exercise transactions in this Form 4 filing.

QNB CORP. executive Courtney Lee Covelens, EVP and Chief Retail Officer, reported equity awards on 2026-02-13. She received three performance-based restricted stock awards of 250 shares each at $38 per share, and a separate grant of 750 shares of common stock at the same price, all held directly. Additional entries list existing rights to buy common stock with updated holding balances but no share purchases or sales.

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

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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^*

Covelens Courtney Lee

(Last) (First) (Middle)

PO BOX 9005

(Street)

QUAKERTOWN PA 18951-9005

(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 Retail Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/13/2026

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	02/13/2026		A		750(1)	A	$38	3,984.2973	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
Performance-based restricted stock award	$0	02/13/2026		A		250		02/13/2026	02/13/2036	Common Stock	250	$38	250	D
Performance-based restricted stock award	$0	02/13/2026		A		250		02/13/2027	02/13/2036	Common Stock	250	$38	250	D
Performance-based restricted stock award	$0	02/13/2026		A		250		02/13/2028	02/13/2036	Common Stock	250	$38	250	D
Common Stock(Right to Buy)	$37.26							02/15/2025	02/15/2027	Common Stock	1,000		1,000	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:

1. Restricted Stock Award

	Courtney Covelens	02/18/2026
	** 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.
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FAQ

What insider transaction did QNB CORP. (QNBC) report for Courtney Lee Covelens?

QNB CORP. reported that EVP and Chief Retail Officer Courtney Lee Covelens received equity awards. On 13 February 2026 she was granted performance-based restricted stock and additional common shares as part of compensation, with all positions reported as directly owned and no sales disclosed.

What type of stock awards did QNBC executive Courtney Lee Covelens receive?

Courtney Lee Covelens received performance-based restricted stock awards and a grant of common stock. The filing lists three awards of 250 shares each of performance-based restricted stock and one grant of 750 common shares, all recorded as directly owned by the executive.

At what price were the QNBC stock awards to Courtney Lee Covelens valued?

Each equity award to Courtney Lee Covelens was valued at $38 per share. This price applies to the three 250-share performance-based restricted stock awards and the separate 750-share common stock grant reported for 13 February 2026 in the Form 4 filing.

Did the QNBC Form 4 for Courtney Lee Covelens show any stock sales?

The Form 4 for Courtney Lee Covelens showed no stock sales. All reported transactions were coded as acquisitions or holdings, including restricted stock awards and common stock grants, with the transaction summary indicating zero sell transactions and a net neutral buy-sell share balance.

How many QNBC performance-based restricted stock awards were granted to Courtney Lee Covelens?

Courtney Lee Covelens received three separate performance-based restricted stock awards. Each award covered 250 shares at $38 per share, all dated 13 February 2026, and each line shows 250 shares owned following the respective award transaction.

What do the Common Stock (Right to Buy) entries mean in the QNBC Form 4?

The Common Stock (Right to Buy) entries reflect holding records for rights to buy QNB CORP. common stock. They show updated balances such as 1,000, 700, 600 and 860 shares following transactions, without indicating new grants, purchases or sales, and are all listed as directly owned.