Quaint Oak (QNTO) CEO adds shares through 2,462-option exercise
Rhea-AI Filing Summary
QUAINT OAK BANCORP, INC. Chief Executive Officer Robert T. Strong exercised employee stock options to acquire 2,462 shares of common stock at an exercise price of $13.30 per share. Following this option exercise, he directly holds 212,570 common shares, including unvested awards and shares held jointly with his spouse.
He also has indirect ownership through retirement and benefit accounts, with 33,813.7914 shares in an ESOP, 22,742 shares in an IRA, and 10,749.3090 shares in a 401(k) plan, all as of a report dated April 21, 2026. Remaining option positions include rights to buy 15,000 shares at $18.00 per share expiring in 2033 and 2,500 shares at $10.15 per share expiring in 2035.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,462 shares
Net Buy
7 txns
Insider
STRONG ROBERT T
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Stock (Right to Buy) | 2,462 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,462 | $13.30 | $33K |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Employee Stock Stock (Right to Buy) — 10,000 shares (Direct);
Common Stock — 212,570 shares (Direct);
Employee Stock Option (Right to Buy) — 17,500 shares (Direct);
Common Stock — 10,749.309 shares (Indirect, By 401(k) Plan);
Common Stock — 22,742 shares (Indirect, By IRA);
Common Stock — 33,813.7914 shares (Indirect, By ESOP)
Footnotes (6)
- F1. Includes 2,700 shares granted pursuant to the Issuer's 2023 Stock Incentive Plan which reflect the unvested portion of a grant amount originally covering 4,500 shares that commenced vesting at a rate of 20% per year on May 10, 2024, 500 shares granted pursuant to the Issuer's 2023 Stock Incentive Plan that vest ratably over five years at 20% per year commencing on September 5, 2026, and 209,370 shares held jointly with the reporting person's spouse.
- F2. Based on a report dated April 21, 2026.
- F3. Includes shares allocated to the reporting person's account in the ESOP since the last filed Form 4.
- F4. The options vested at a rate of 20% per year commencing on May 9, 2019 and were fully vested as of May 9, 2023.
- F5. The options are vesting at a rate of 20% per year commencing on September 5, 2026.
- F6. The options are vesting at a rate of 20% per year commencing on May 10, 2024.
Key Figures
Options exercised: 2,462 shares
Exercise price: $13.30 per share
Direct common shares after exercise: 212,570 shares
+5 more
8 metrics
Options exercised
2,462 shares
Employee stock options exercised for common stock
Exercise price
$13.30 per share
Exercise price for 2,462 common shares
Direct common shares after exercise
212,570 shares
Direct QNTO common stock holdings after transaction
ESOP indirect holdings
33,813.7914 shares
Common shares held through ESOP, as of April 21, 2026
IRA indirect holdings
22,742 shares
Common shares held in IRA, as of April 21, 2026
401(k) indirect holdings
10,749.3090 shares
Common shares held in 401(k) plan, as of April 21, 2026
Outstanding options at $18.00
15,000 underlying shares
Employee stock options expiring May 10, 2033
Outstanding options at $10.15
2,500 underlying shares
Employee stock options expiring September 5, 2035
Key Terms
Employee Stock Option (Right to Buy), ESOP, 401(k) Plan, Stock Incentive Plan, +1 more
5 terms
Employee Stock Option (Right to Buy) financial
"security_title: "Employee Stock Option (Right to Buy)" with underlying common shares"
ESOP financial
"Includes shares allocated to the reporting person's account in the ESOP since the last filed Form 4."
An Employee Stock Ownership Plan (ESOP) is a program that gives employees ownership shares in their company, often as part of their benefits package. It acts like a company-sponsored savings plan, allowing workers to have a stake in the company's success, which can boost motivation and loyalty. For investors, ESOPs can influence company decisions and stock value, making them an important aspect of corporate ownership and governance.
401(k) Plan financial
"nature_of_ownership: "By 401(k) Plan" for indirect common stock holdings"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
Stock Incentive Plan financial
"Includes 2,700 shares granted pursuant to the Issuer's 2023 Stock Incentive Plan which reflect the unvested portion of a grant amount..."
A stock incentive plan is a company program that gives employees or directors pieces of ownership or the right to buy shares over time, similar to receiving a bonus paid in company stock instead of cash. Investors pay attention because these plans align staff incentives with long‑term company performance but can also dilute existing shareholders and affect reported profits when grants are expensed, so they influence both ownership percentages and financial results.
vested financial
"The options vested at a rate of 20% per year commencing on May 9, 2019 and were fully vested as of May 9, 2023."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did QUAINT OAK BANCORP (QNTO) report for its CEO?
QUAINT OAK BANCORP reported that CEO Robert T. Strong exercised employee stock options for 2,462 common shares at an exercise price of $13.30 per share. This transaction increased his directly held common stock position as reflected in the latest Form 4 filing.
What employee stock options remain outstanding for the QNTO CEO?
The filing lists options to buy 15,000 QNTO common shares at $18.00 per share expiring May 10, 2033, and options for 2,500 shares at $10.15 per share expiring September 5, 2035. These awards vest at 20% per year under their respective schedules.
How many QNTO options did the CEO exercise in this Form 4 event?
The CEO exercised options covering 2,462 shares of QNTO common stock. The underlying employee stock option carried a $13.30 exercise price and was previously granted, with the options fully vested by May 9, 2023, according to the filing’s footnotes.
What vesting details are disclosed for the QNTO CEO’s stock awards?
Footnotes explain that certain option grants vest at 20% per year starting May 10, 2024 or September 5, 2026. They also note some options granted in 2019 vested 20% annually and were fully vested by May 9, 2023, defining the CEO’s exercisable equity profile.