National Research Corp Files Definitive Proxy Statement

TL;DR

<b>National Research Corp. has filed its Definitive Proxy Statement for the fiscal year ending December 31, 2023.</b>

AI Summary

NATIONAL RESEARCH CORP (NRC) filed a Proxy Statement (DEF 14A) with the SEC on April 11, 2024. The filing is a Definitive Proxy Statement (DEF 14A) for National Research Corp. The report covers the fiscal year ending December 31, 2023. The company's IRS number is 470634000. National Research Corp. is incorporated in Delaware. The filing was made on April 11, 2024.

Why It Matters

For investors and stakeholders tracking NATIONAL RESEARCH CORP, this filing contains several important signals. This DEF 14A filing provides detailed information about the company's governance, executive compensation, and matters to be voted on at the shareholder meeting. Shareholders can review executive compensation details, including awards and changes in fair value, for fiscal years 2020 through 2023.

Risk Assessment

Risk Level: — NATIONAL RESEARCH CORP shows moderate risk based on this filing. The filing is a routine proxy statement and does not contain significant new financial or operational information that would alter the company's risk profile.

Analyst Insight

Review the executive compensation details and any proposals to be voted on by shareholders to understand management's incentives and corporate governance.

Key Numbers

• 2023-12-31 — Fiscal Year End (Conformed Period of Report)
• 2024-04-11 — Filing Date (Filed as of Date)
• 470634000 — IRS Number (Company Data)

Key Players & Entities

• NATIONAL RESEARCH CORP (company) — Filer name
• 0000070487 (company) — Central Index Key
• DE (company) — State of Incorporation
• LINCOLN (company) — Business Address City
• NE (company) — Business Address State
• 4024752525 (company) — Business Phone

FAQ

Industry Context

The filing is a standard DEF 14A, indicating a focus on corporate governance and shareholder voting matters.

Regulatory Implications

The filing adheres to SEC regulations for proxy solicitations, specifically the Securities Exchange Act of 1934.

What Investors Should Do

1. Review the proxy statement for details on executive compensation packages and any proposed resolutions.
2. Note the date of the shareholder meeting to be aware of voting deadlines.
3. Understand the company's governance structure as presented in the filing.

Key Dates

• 2024-05-08: Annual Meeting Date (implied) — Date for which the proxy statement is prepared.
• 2024-04-11: Filing Date — Date the DEF 14A was filed with the SEC.

Year-Over-Year Comparison

This is a DEF 14A filing, which is a routine disclosure for annual meetings and does not represent a change from previous filings of this type.

Key Financial Figures

• $360 million — business units, including one with over $360 million in annual revenue. In addition, he was

Filing Documents

• nrc20240329_def14a.htm (DEF 14A) — 713KB
• g01.jpg (GRAPHIC) — 49KB
• g02.jpg (GRAPHIC) — 50KB
• g03.jpg (GRAPHIC) — 50KB
• proxy_page1.jpg (GRAPHIC) — 144KB
• proxy_page2.jpg (GRAPHIC) — 164KB
• 0001437749-24-011731.txt (&nbsp;) — 2529KB
• nrc-20231231.xsd (EX-101.SCH) — 6KB
• nrc-20231231_def.xml (EX-101.DEF) — 7KB
• nrc-20231231_lab.xml (EX-101.LAB) — 15KB
• nrc-20231231_pre.xml (EX-101.PRE) — 7KB
• nrc20240329_def14a_htm.xml (XML) — 175KB

: Gender Identity

Part I: Gender Identity Directors 2 4 0 0 2 4 0 0

: Demographic Background

Part II: Demographic Background African American or Black 0 1 0 0 0 1 0 0 Alaskan Native or Native American 0 0 0 0 0 0 0 0 Asian 1 0 0 0 1 0 0 0 Hispanic or Latinx 0 0 0 0 0 0 0 0 Native Hawaiian or Pacific Islander 0 0 0 0 0 0 0 0 White 1 3 0 0 1 3 0 0 Two or More Races or Ethnicities 0 0 0 0 0 0 0 0 LGBTQ+ 1 0 Did Not Disclose Demographic Background 0 0 5 Table of Contents CORPORATE GOVERNANCE Independent Directors and Annual Meeting Attendance Of the six directors currently serving on the Board, the Board has determined that Donald M. Berwick, Parul Bhandari, Stephen H. Lockhart, John N. Nunnelly, and Penny A. Wheeler are "independent directors" as that term is defined in the listing standards of The NASDAQ Stock Market. Directors are typically expected to attend our annual meeting of shareholders each year. However, only Mr. Nunnelly was able to attend our 2023 annual meeting of shareholders. For the 2024 Annual Meeting, such attendance will be through the Internet via live webcast. Currently, we do not have a chairman, and the Board does not have a policy on whether the roles of chief executive officer and chairman should be separate. The Board has, however, designated a lead director since 2007, with Mr. Nunnelly serving as the lead director since May 2012. The Board believes its current leadership structure is appropriate at this time since it establishes our chief executive officer as the primary executive leader with one vision and eliminates ambiguity as to who has primary responsibility for our performance. The lead director is an independent director who is appointed by the independent directors and who works closely with the chief executive officer. In addition to serving as the principal liaison between the independent directors and the chief executive officer in matters relating to the Board as a whole, the primary responsibilities of the lead director are as follows: Pr

View Full Filing

View this DEF 14A filing on SEC EDGAR