QNB CORP. (QNBC) director adds to holdings with open-market share purchase
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
QNB CORP. director Randy S. Bimes reported an open-market purchase of 262.9503 shares of Common Stock at $38.03 per share. After this transaction, he directly owns 266,299.2831 shares. His holdings include 981.8146 shares acquired through the Dividend Reinvestment Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 262.95 shares ($10,000)
Net Buy
1 txn
Insider
Bimes Randy S.
Role
Director
Bought
262.95 shs ($10K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 262.95 | $38.03 | $10K |
Holdings After Transaction:
Common Stock — 266,299.283 shares (Direct)
Footnotes (1)
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Key Figures
Shares purchased: 262.9503 shares
Purchase price: $38.03 per share
Total holdings after transaction: 266,299.2831 shares
+1 more
4 metrics
Shares purchased
262.9503 shares
Open-market purchase of Common Stock
Purchase price
$38.03 per share
Price paid in the reported transaction
Total holdings after transaction
266,299.2831 shares
Direct ownership following the purchase
Dividend reinvestment shares
981.8146 shares
Shares acquired through Dividend Reinvestment Plan
Key Terms
open-market purchase, Common Stock, Dividend Reinvestment Plan, Form 4
4 terms
open-market purchase financial
"reported an open-market purchase of 262.9503 shares of Common Stock"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Common Stock financial
"open-market purchase of 262.9503 shares of Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Dividend Reinvestment Plan financial
"Includes 981.8146 Shares Acquired Through The Dividend Reinvestment Plan"
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
Form 4 regulatory
"as disclosed in the Form 4"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did QNBC director Randy S. Bimes do in this Form 4 filing?
Director Randy S. Bimes reported an open-market purchase of QNB CORP. (QNBC) Common Stock. He bought 262.9503 shares at $38.03 per share, increasing his direct ownership to 266,299.2831 shares after the transaction disclosed in the filing.
What type of transaction is reported for QNBC in this Form 4?
The Form 4 for QNB CORP. (QNBC) reports a non-derivative, open-market purchase of Common Stock by director Randy S. Bimes. He bought 262.9503 shares at $38.03, with the transaction classified under code “P” for a purchase in the open market.