Director Randy S. Bimes purchased a small block of QNB Corp common stock on March 27, 2026, according to a Form 4 filed with the Securities and Exchange Commission. The filing records an acquisition of 262.9503 shares at $38.03 apiece, bringing the transaction value to $9,999.
This purchase was executed while the company's shares were trading near their 52-week high of $39.99; the report lists the current share price at $40. Following the acquisition, Bimes now directly owns 266,299.2831 shares of QNB Corp. The reported total includes 981.8146 shares that were obtained through the Dividend Reinvestment Plan (DRIP).
The Form 4 documenting the transaction was submitted to the SEC on March 31, 2026. The filing bears the signature of David W Freeman acting as Power of Attorney.
InvestingPro data referenced in the filing notes that QNB Corp has paid dividends for 30 consecutive years and carries a current dividend yield of 3.95%.
Context and holdings
While the purchase amount is modest at $9,999, the filing updates Mr. Bimes' directly held position to 266,299.2831 shares, reflecting both the newly acquired shares and the DRIP component. The transaction came as the stock was trading close to its year-to-date high, with the 52-week ceiling listed at $39.99 and the most recently reported quote at $40.
Reporting details
The transaction was disclosed via a Form 4 filed on March 31, 2026, and the submission was signed by David W Freeman as Power of Attorney. The filing provides the official regulatory record for the director's purchase.
What is known from the filing
- Buyer: Director Randy S. Bimes
- Shares purchased: 262.9503
- Price per share: $38.03
- Total transaction value: $9,999
- Post-transaction direct ownership: 266,299.2831 shares (including 981.8146 DRIP shares)
- Dividend record: 30 consecutive years of payments; current yield 3.95%
- Form 4 filing date: March 31, 2026; signed by David W Freeman as Power of Attorney
The filing provides a concise, verifiable record of the insider purchase and related ownership totals. Beyond those items recorded in the SEC filing and the InvestingPro dividend figures, the filing does not include further commentary on strategy, intent, or future plans tied to the holding.