QNB CORP.: updates beneficial ownership after 1.2 million share offering

What happened

• QNB CORP reported it is updating certain information concerning the beneficial ownership of its common stock by each director, each named executive officer, each holder of more than 5% and all directors and named executive officers as a group as of Sep 30, 2026 to reflect the underwritten public offering of approximately 1.2 million shares of common stock in Aug 2026.

Key details

• Underwritten public offering of approximately 1.2 million shares in Aug 2026 preceded the update.
• Selected insider holdings as of Sep 30, 2026: Randy S. Bimes 268,683 shares (4.30%); Kenneth F. Brown, Jr. 151,492 shares (2.43%); Joseph W. Major 73,714 shares (1.18%); current directors, nominees & executive officers as a group (17 persons) 635,042 shares (10.17%).
• Two holders reported at least 5%: Fourthstone LLC 346,290 shares (5.57%); Mark T. Lynch 334,159 shares (5.37%).
• The filing states the percentage calculations for the directors/officers table are based on an aggregate of 6,218,251 shares outstanding and 25,723 options exercisable within 60 days; the 5% owners footnote states 6,218,215 shares outstanding.

Why it may matter

• Item 7.01 regulation FD disclosure was reported; this item covers updated beneficial ownership information for directors, named executive officers and holders of more than 5% as of Sep 30, 2026 to reflect the Aug 2026 offering. The filing does not show why the insider traded or why the company acted.