Major Joseph W 4/A
4/A · QNB CORP. · Filed Jul 13, 2026
Research Summary
AI-generated summary of this filing
QNB CORP. Director Joseph W. Major Receives 73,495-Share Award
What Happened
Joseph W. Major, a director of QNB CORP. (QNBC), received equity awards on April 1, 2026 totaling 73,495 shares — 70,745 shares and 2,750 shares — each reported at an acquisition price of $0.00 (transaction code A for awards/grants). The filing reports the awards as acquisitions with no cash paid per share (reported price $0.00).
Key Details
- Transaction date: 2026-04-01 (two award entries: 70,745 shares and 2,750 shares).
- Reported acquisition price: $0.00 per share (total reported cash outlay $0).
- Total shares awarded: 73,495.
- Shares owned after transaction: not specified in the provided filing.
- Footnotes/plan details: none provided in the supplied summary (no mention of 10b5-1, tax withholding, or immediate sale).
- Filing status: This is an amended Form 4 filed on 2026-07-13 for the 2026-04-01 transaction — the filing was submitted well after the usual short reporting window.
Context
Awards/grants (code A) generally reflect compensation or board-related equity and are different from open-market purchases or sales; they may be subject to vesting or other restrictions. Because the filing was amended and filed late, the timing of public disclosure was delayed; the amendment may correct or add information but the filing does not, by itself, explain motivations or changes to vesting.
Insider Transaction Report
- Award
Common Stock
2026-04-01+70,745→ 70,745 total - Award
Common Stock
2026-04-01+2,750→ 2,750 total(indirect: By Spouse)