Major Joseph W 4/A
Research Summary
AI-generated summary
QNB CORP (QNBC) Director Joseph W. Major Buys 219 Shares
What Happened
Joseph W. Major, a director of QNB CORP. (QNBC), acquired 219 shares on 2026-07-01 at $43.85 per share for a total of $9,603. The Form 4 reporting this transaction was filed as an AMENDED report on 2026-07-13. The filing records the transaction as a purchase (code P); however, a footnote states the shares were issued under the 2023 Non-Employee Director Compensation Plan, indicating this was likely compensation-related rather than an open-market investment.
Key Details
- Transaction date and price: 2026-07-01 at $43.85 per share.
- Shares transacted: 219 shares; total value reported $9,603.
- Footnote: Shares issued under the 2023 Non-Employee Director Compensation Plan.
- Filing: Amended Form 4 filed 2026-07-13. This report was submitted 12 days after the trade date (late relative to the usual 2-business-day deadline).
- Shares owned after transaction: Not specified in the amended filing.
Context
Director acquisitions can be of interest to investors, but compensation-plan issuances are routine and do not carry the same signal as an independent open-market purchase. Because the filing was amended and late, investors may want to monitor future filings for any additional disclosures about Major’s holdings or related director compensation practices.