Quaint Oak Bancorp (QNTO) President William R. Gonzalez Sells 113 Shares

What Happened
William R. Gonzalez, President and Director of Quaint Oak Bancorp (and President & COO of its subsidiary Quaint Oak Bank), disposed of 113 shares on September 5, 2026 at $14.50 per share for a total of $1,639. The filing states this disposition was made solely to meet a tax obligation related to a distribution from a stock benefit plan (footnote F1). This was a routine sale for tax withholding rather than an open-market sell for investment purposes.

Key Details

• Transaction date and price: Sept 5, 2026 — 113 shares @ $14.50 = $1,639. (Transaction code: F — tax withholding)
• Reason: Footnote F1 — disposition solely to meet tax obligation for distribution from stock benefit plan.
• Filing date: Sept 9, 2026 — appears to meet the SEC Form 4 two-business-day filing requirement.
• Shares owned after transaction: Not specified in the provided filing.
• Other notable footnotes:
  • F2: References unvested portions of grants under the 2023 Stock Incentive Plan (1,600 and 1,800 shares remaining from prior grants).
  • F3: Includes shares acquired in the issuer’s 401(k) plan since the last Form 4 (report dated Sept 4, 2026).
  • F4–F6: Describe various option vesting schedules (some options fully vested as of May 9, 2023; others vesting at 20% per year beginning May 10, 2024 or Sept 5, 2026).

Context
Code F transactions are tax-withholding dispositions tied to equity awards or distributions — common administrative transactions that do not necessarily indicate the insider’s view of the company. The amount here is small ($1.6K) and appears routine. The filing also documents a mix of vested and unvested stock awards and option vesting schedules for Gonzalez, which explain ongoing equity compensation rather than new open-market trades.