StockWatch
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State Commercial Banks
ShareholdingOct 16, 2026, 08:56 AM

QNB Corp. Updates Shareholder Ownership Post-Offering

AI Summary

QNB Corp. has filed an 8-K to update information on the beneficial ownership of its common stock following a public offering of approximately 1.2 million shares in August 2026. The filing provides updated figures as of September 30, 2026, detailing ownership by directors, executive officers, and major shareholders. The collective ownership by directors and executive officers stands at 10.17% of the outstanding shares.

Key Highlights

  • QNB Corp. updated beneficial ownership following a 1.2 million share offering in August 2026.
  • As of September 30, 2026, directors and executive officers collectively owned 635,042 shares, representing 10.17% of outstanding stock.
  • Randy S. Bimes holds 268,683 shares (4.30%), including jointly owned shares with his wife.
  • Kenneth F. Brown, Jr. holds 151,492 shares (2.43%), including jointly owned shares with his wife.
  • Joseph W. Major holds 73,714 shares (1.18%), including jointly owned shares with his wife and shares owned by his wife.
  • Mark T. Lynch beneficially owns 334,159 shares (5.37%).
  • Fourthstone LLC beneficially owns 346,290 shares (5.57%).