Scott G. Orzehoski, Executive Vice President and Chief Lending Officer of QNB CORP (NASDAQ: QNBC), carried out a series of equity transactions on January 30, 2026. On that date he sold 300 shares of common stock at $38.28 per share, producing proceeds of $11,484.
Also on January 30, Orzehoski exercised options to acquire two separate tranches of common stock. One exercise covered 3,375 shares and a second covered 300 shares, each at an exercise price of $32.50, for a combined cost of $109,687. The filings list an additional transaction of 2,650 shares executed at $37.75, with a reported total value of $100,037.
After these moves, Orzehoski's direct holdings in QNB CORP stand at 16,092 shares. The disclosures further note that he retains rights to purchase additional shares of the company's common stock.
Market context noted in the filings shows QNB shares trading close to a 52-week high of $38.36; the stock has risen roughly 17% over the past year. The regional bank has a long history of returning capital to shareholders, having paid dividends for 29 consecutive years and currently offering a yield of 4%.
Separately, QNB CORP's Board of Directors has declared a quarterly cash dividend of $0.38 per share. That dividend is scheduled to be paid on December 26, 2025, to shareholders of record as of December 12, 2025. The company communicated the dividend decision in a press release reflecting its stated approach to shareholder returns.
Third-party analysis cited alongside the filings indicates that InvestingPro's Fair Value assessment finds QNB to be slightly undervalued. Additional InvestingPro commentary highlighted the bank's consistent profitability and relatively low price volatility.
Key points
- Orzehoski completed a sale of 300 shares at $38.28 and exercised options to acquire 3,375 and 300 shares at $32.50 each on January 30, 2026.
- QNB shares are trading near a 52-week high of $38.36 and have appreciated about 17% over the last year; the bank reports a 29-year consecutive dividend record with a current yield of 4%.
- The board declared a $0.38 quarterly cash dividend payable December 26, 2025, to shareholders of record December 12, 2025.
Risks and uncertainties
- The public filings set out the transactions but do not provide the executive's reasons or motivations for the share sale and option exercises.
- The InvestingPro Fair Value assessment is presented as an analysis rather than an absolute market price, implying that the valuation reflects the models and assumptions used by that service.