---
schema_version: "secwatch.filing_event.v1"
accession: "0001564590-22-036512"
form_type: "8-K"
ticker: "QNBC"
cik: "0000750558"
company_name: "QNB CORP."
filed_at: "2022-11-03T23:59:59+00:00"
generated_at: "2026-06-22T10:26:24.014228+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# QNB Corp. appoints Jeffrey Lehocky as EVP and CFO, enters change-in-control agreement

## Summary
- Jeffrey Lehocky named Executive Vice President and CFO effective November 1, 2022.
- Lehocky previously Managing Director at Mitsubishi UFJ Finance Group and Deutsche Bank.
- Change-in-control agreement provides lump-sum severance of 2x average annual compensation if terminated without cause within 3 years of a change in control.
- Agreement defines change in control as 25%+ voting power, merger, or board turnover events.
- Severance reduced if payments trigger excise tax under IRC Section 4999.

## SEC filing metadata
- accession: 0001564590-22-036512
- form_type: 8-K
- ticker: QNBC
- cik: 0000750558
- company_name: QNB CORP.
- filed_at: 2022-11-03T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/750558/000156459022036512/0001564590-22-036512-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/750558/000156459022036512/qnbc-8k_20221102.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001564590-22-036512
- JSON: https://secwatch.observer/filing/0001564590-22-036512.json
- Plain text: https://secwatch.observer/filing/0001564590-22-036512.txt

## Key facts
- Executive change
  Jeffrey Lehocky was named as Executive Vice President and Chief Financial Officer at QNB CORP..
  - Action: named
  - Role: Executive Vice President and Chief Financial Officer
  source text: On November 1, 2022, Jeffrey Lehocky, CPA. CIA. was named Executive Vice President and Chief Financial Officer of QNB Corp. (the “Company”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/750558/000156459022036512/0001564590-22-036512-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.