What indirect QNBC holdings related to Joseph W. Major’s spouse are disclosed?

The filing reports an additional 2,750 QNB CORP. common shares acquired indirectly, noted as held by his spouse. These shares are also categorized as a grant, award, or other acquisition, expanding the family’s reported economic interest in the company’s common stock.

Are Joseph W. Major’s QNBC share acquisitions open-market purchases?

No, the transactions are coded as grants or awards with a $0.00 per share price. A footnote states the shares were acquired during the QNB Bank - Victory merger, indicating they represent merger-related equity consideration rather than open-market buying activity.

[Form 4] QNB CORP. Insider Trading Activity

QNB CORP. director Joseph W. Major reported acquiring common stock connected to the QNB Bank - Victory merger.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)How Sentiment works

Sentiment and the balance of points

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Form Type

Rhea-AI Filing Summary

QNB CORP. director Joseph W. Major reported acquiring common stock connected to the QNB Bank - Victory merger. He received 35,027 shares of common stock directly on a grant or award basis at $0.00 per share, reflecting non‑cash consideration.

On the same date, an additional 2,750 shares of common stock were acquired indirectly and are reported as held by his spouse. Following these transactions, his reported direct holdings total 35,027 shares, and indirect spouse holdings total 2,750 shares, all characterized as grant, award, or other acquisition rather than open‑market purchases.

Insider Trade Summary

Grant/Award: 37,777 shares

Grant/Award 2 txns

Insider Major Joseph W

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	35,027	$0.00	$0.00
Grant/Award	Common Stock	2,750	$0.00	$0.00

Holdings After Transaction: Common Stock — 35,027 shares (Direct); Common Stock — 2,750 shares (Indirect, Spouse)

Footnotes (1)

F1. Shares acquired during QNB Bank - Victory Merger

Key Figures

Direct shares acquired: 35,027 shares Indirect spouse shares acquired: 2,750 shares Direct holdings after transaction: 35,027 shares +3 more

6 metrics

Direct shares acquired 35,027 shares Common Stock grant on 2026-04-01 at $0.00 per share

Indirect spouse shares acquired 2,750 shares Common Stock grant on 2026-04-01, reported as Spouse

Direct holdings after transaction 35,027 shares Total Common Stock directly owned following reported awards

Indirect holdings after transaction 2,750 shares Total Common Stock indirectly owned through spouse after awards

Transaction price per share $0.00 per share Both Common Stock transactions coded as grants/awards

Number of acquire transactions 2 transactions Both non-derivative Common Stock awards on 2026-04-01

Key Terms

grant, award, or other acquisition, indirect ownership, QNB Bank - Victory Merger, Common Stock

4 terms

grant, award, or other acquisition financial

"Each Common Stock entry is described as a grant, award, or other acquisition."

indirect ownership financial

"One transaction lists 2,750 shares as indirect ownership with nature of ownership Spouse."

QNB Bank - Victory Merger financial

"A footnote states the shares were acquired during QNB Bank - Victory Merger."

Common Stock financial

"Both transactions involve Common Stock of QNB CORP."

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did QNBC director Joseph W. Major report?

He reported acquiring QNB CORP. common stock through awards linked to the QNB Bank - Victory merger. The filing shows non-cash grants rather than open-market purchases, reflecting equity received as consideration rather than a discretionary buy in the market.

How many QNBC shares did Joseph W. Major acquire directly in this filing?

He acquired 35,027 shares of QNB CORP. common stock directly. These shares were recorded at a price of $0.00 per share, indicating a grant, award, or other acquisition type rather than a cash purchase, tied to the QNB Bank - Victory merger.

What are Joseph W. Major’s QNBC holdings after these transactions?

After these transactions, his reported direct holdings are 35,027 QNB CORP. common shares, with 2,750 additional shares reported as indirectly owned through his spouse. These figures reflect the positions as disclosed in this Form 4 following the merger-related awards.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 04/16/2026 - 04:17 PM EDT

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^*

Major Joseph W

(Last)

(First)

(Middle)

125 LAUREL RD

(Street)

BOYERTOWN

PENNSYLVANIA

19512

(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)

X	Director	10% 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)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/01/2026		A		35,027⁽¹⁾	A	$0	35,027	D
Common Stock	04/01/2026		A		2,750⁽¹⁾	A	$0	2,750	I	Spouse

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Shares acquired during QNB Bank - Victory Merger

	Jeffrey Lehocky POA	04/16/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR