Executive Vice President, Chief Retail Officer and Chief Business Banking Officer · QNB CORP. (QNBC)

Courtney Covelens

A named executive officer of QNB in every fiscal year CompBrief holds from FY2023 to FY2025. Every figure below is printed as the company filed it and cited to the filing it came from.

Total disclosed compensation, FY2025

$361,232

FY2024: $278,446

Compensation figures as of the proxy filed April 30, 2026 (DEF 14A).

Courtney Covelens compensation by year

QNB Summary Compensation Table · all 3 fiscal years held
In US dollars, as QNB reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2023FY2024FY2025
Salary$200,000$209,000$235,000
Bonus$0$0$0
Stock awards$0$0$0
Option awards$14,393$9,238$28,531
Non-equity incentive$12,000$25,080$56,400
Pension and deferred compensation$15,742$18,392$21,500
All other$16,065$16,736$19,801
Total$258,200$278,446$361,232

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: QNB CORP. DEF 14A filed April 30, 2026, accession 0001193125-26-194037, and prior-year filings. Open the filing on EDGAR.

$258K
$278K
$361K
FY23
FY24
FY25
SalaryNon-equity incentiveOption awardsAll other

Equity holdings

unvested awards at FY2025 year-end
TypeUnvested unitsValue at year-endExercise price
Option2,100—$29.51
Option4,300—$33.50
Option2,400—$23.40

Per the Outstanding Equity Awards at Fiscal Year-End table in QNB CORP.'s FY2025 proxy; value at the fiscal year-end close, as the company printed it.

QNB’s named executive officers, FY2025

as the company reported each
Named executive officerRoleFY2025 total
David FreemanPresident and Chief Executive Officer$925,072
Jeffrey LehockyExecutive Vice President and Chief Financial Officer$544,031
Christopher CattieExecutive Vice President and Chief Operating Officer$487,775
Scott OrzehoskiExecutive Vice President, Chief Lending Officer$486,598
Christina McDonaldExecutive Vice President, Chief Marketing Officer, and Chief Retail Lending Officer$381,674
Courtney Covelens · this pageExecutive Vice President, Chief Retail Officer and Chief Business Banking Officer$361,232

The full QNB compensation record

free company brief

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Compensation, the day it’s disclosed

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How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are QNB's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

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