Form 4: QNB Corp Executive Jeffrey Lehocky Acquires 500 Shares of Common Stock
SEC Form 4
EVP and CFO of QNB Corp, Jeffrey Lehocky, reports purchasing 500 shares of common stock at $34.10 per share.
Summary
- On February 20, 2025, Jeffrey Lehocky, the EVP and Chief Financial Officer of QNB Corp, acquired 500 shares of the company's common stock.
- The purchase price was $34.10 per share.
- Following the transaction, Lehocky directly owns 998 shares of QNB Corp common stock.
- Lehocky also holds rights to buy various blocks of common stock at prices ranging from $23.40 to $33.50, exercisable between 2024 and 2030, and expiring between 2033 and 2035.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. An insider purchase is generally viewed as a positive sign, but the size of the purchase is relatively small.
Positives
- An executive's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Insider buying is often monitored by investors as a signal of management's confidence in the company's prospects. It's a common practice and is regulated to prevent insider trading.
Stakeholder Impact
- The purchase could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 02/15/2024 | Date from which some options are exercisable. |
| 02/15/2025 | Date from which some options are exercisable. |
| 02/15/2026 | Date from which some options are exercisable. |
| 02/15/2027 | Date from which some options are exercisable. |
| 02/15/2028 | Date from which some options are exercisable. |
| 02/15/2029 | Date from which some options are exercisable. |
| 02/14/2026 | Date from which some options are exercisable. |
| 02/14/2027 | Date from which some options are exercisable. |
| 02/14/2028 | Date from which some options are exercisable. |
| 02/14/2029 | Date from which some options are exercisable. |
| 02/14/2030 | Date from which some options are exercisable. |
| 02/20/2025 | Date of transaction: Jeffrey Lehocky purchased 500 shares of QNB Corp common stock. |
| 02/15/2033 | Expiration date for some options. |
| 02/15/2034 | Expiration date for some options. |
| 02/14/2035 | Expiration date for some options. |
Keywords
Form 4, insider trading, beneficial ownership, Jeffrey Lehocky, QNB Corp, QNBC, common stock, executive compensation, EVP, CFO
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