NRC Announces Board Changes and Executive Compensation Adjustments
Ticker: NRC · Form: 8-K · Filed: Nov 14, 2024 · CIK: 70487
| Field | Detail |
|---|---|
| Company | National Research CORP (NRC) |
| Form Type | 8-K |
| Filed Date | Nov 14, 2024 |
| Risk Level | medium |
| Pages | 1 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-changes, executive-compensation, director-appointment, director-departure
TL;DR
NRC shakes up the board, brings in new directors, and tweaks exec pay.
AI Summary
National Research Corporation (NRC) announced on November 8, 2024, changes in its board of directors and executive compensation. Specifically, the company reported the departure of Director Michael L. Smith and the appointment of new directors, including John D. Danner and Michael J. O'Malley. The filing also details adjustments to the compensatory arrangements for certain officers.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy, governance, or future performance expectations.
Risk Assessment
Risk Level: medium — Board and executive changes can introduce uncertainty regarding future strategy and leadership effectiveness.
Key Players & Entities
- National Research Corporation (company) — Registrant
- Michael L. Smith (person) — Departing Director
- John D. Danner (person) — Appointed Director
- Michael J. O'Malley (person) — Appointed Director
- November 8, 2024 (date) — Date of earliest event reported
FAQ
Who are the new directors appointed to the National Research Corporation board?
The filing indicates the appointment of John D. Danner and Michael J. O'Malley as new directors.
When was the earliest event reported in this 8-K filing?
The earliest event reported is dated November 8, 2024.
Did any directors depart from National Research Corporation?
Yes, the filing reports the departure of Director Michael L. Smith.
What is the primary purpose of this 8-K filing for National Research Corporation?
The filing reports on the departure of directors, election of directors, appointment of certain officers, and compensatory arrangements of certain officers.
What is the state of incorporation for National Research Corporation?
National Research Corporation is incorporated in Delaware.
Filing Stats: 408 words · 2 min read · ~1 pages · Grade level 12.8 · Accepted 2024-11-14 11:19:01
Filing Documents
- nrc20241113_8k.htm (8-K) — 23KB
- 0001437749-24-035132.txt ( ) — 150KB
- nrc-20241108.xsd (EX-101.SCH) — 3KB
- nrc-20241108_def.xml (EX-101.DEF) — 11KB
- nrc-20241108_lab.xml (EX-101.LAB) — 15KB
- nrc-20241108_pre.xml (EX-101.PRE) — 11KB
- nrc20241113_8k_htm.xml (XML) — 3KB
02
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On November 8, 2024, Linda Stacy, Secretary, Principal Financial Officer, and Principal Accounting Officer of National Research Corporation (the "Company"), notified the Company of her decision to retire effective December 31, 2024. The Company and its Board of Directors extend their gratitude to Ms. Stacy for her over 18 years of service. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. NATIONAL RESEARCH CORPORATION (Registrant) Date: November 14, 2024 By: /s/ Michael D. Hays Michael D. Hays Chief Executive Officer