How Freeman was paid
$925,072 in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Stock | Options | Incentive | Pension | Other | Total |
|---|---|---|---|---|---|---|---|
| David W. FreemanPrincipal Executive Officer | $675,000 | — | — | $162,000 | $43,000 | $45,072 | $925,072 |
| Jeffrey LehockyPrincipal Financial Officer | $375,000 | $28,531 | $90,000 | $21,500 | $29,000 | — | $544,031 |
| Scott G. OrzehoskiExecutive Vice President | $330,000 | $28,531 | $79,200 | $21,500 | $27,367 | — | $486,598 |
| Christopher T. CattieExecutive Vice President | $325,000 | $28,531 | $78,000 | $27,759 | $28,485 | — | $487,775 |
| Christina S. McDonaldExecutive Vice President | $250,000 | $28,531 | $60,000 | $21,500 | $21,643 | — | $381,674 |
| Courtney L. CovelensExecutive Vice President | $235,000 | $28,531 | $56,400 | $21,500 | $19,801 | — | $361,232 |
What changed and why
- $925KDavid W. Freeman received total compensation of $925,072 in 2025, an increase from $764,667 in 2024.
- 24.00%The cash incentive plan paid out at 24.00% of base salary following achievement of optimum performance goals.
- QNB established a new cash incentive plan in 2025 to reward employees for achieving financial objectives.
- Options granted in 2025 vest over a five-year period.
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.