Amandla MK Trust Amends NRC Stake, Patrick Beans Advises

TL;DR

**Amandla MK Trust just updated their NRC stake, keep an eye on their next moves!**

AI Summary

The Amandla MK Trust, advised by Patrick E. Beans, filed an Amendment No. 8 to their Schedule 13D on January 2, 2024, regarding their ownership in National Research Corporation (NRC). This filing updates their beneficial ownership, indicating a change in their holdings or intentions. For investors, this matters because significant shareholders like Amandla MK Trust can influence company decisions, and changes in their filings can signal shifts in their outlook on the stock, potentially impacting its future performance.

Why It Matters

This filing updates the public on the Amandla MK Trust's position in National Research Corporation, which could signal changes in their investment strategy or influence over the company.

Risk Assessment

Risk Level: low — This is an amendment to a Schedule 13D, indicating an update to existing ownership rather than a new, potentially disruptive event.

Analyst Insight

Investors should monitor future filings from Amandla MK Trust for National Research Corporation to understand any further changes in their ownership or stated intentions, as these could influence the stock's trajectory.

Key Players & Entities

• Amandla MK Trust (company) — the filing person and beneficial owner of National Research Corporation shares
• Patrick E. Beans (person) — Special Holdings Direction Adviser for Amandla MK Trust and contact person for the filing
• National Research Corporation (company) — the subject company whose common stock is being reported
• January 2, 2024 (date) — the date of the event requiring the filing of this statement

FAQ

Key Financial Figures

• $42.1037 — re Trust and Adviser 11/15/2023 403 $42.1037 Open market sale $42.10 to $42.115 T
• $42.10 — /2023 403 $42.1037 Open market sale $42.10 to $42.115 Trust and Adviser 11/20/20
• $42.115 — $42.1037 Open market sale $42.10 to $42.115 Trust and Adviser 11/20/2023 57 $42
• $42.05 — 10 Trust and Adviser 11/21/2023 100 $42.05 Open market sale $42.05 Trust and Ad
• $42.0766 — 05 Trust and Adviser 11/22/2023 627 $42.0766 Open market sale $42.05 to $42.20 Tr
• $42.20 — $42.0766 Open market sale $42.05 to $42.20 Trust and Adviser 12/04/2023 100 $4
• $41.60 — 20 Trust and Adviser 12/04/2023 100 $41.60 Open market sale $41.60 Trust and Ad
• $41.5641 — Trust and Adviser 12/07/2023 4,738 $41.5641 Open market sale $41.55 to $41.58 Tr
• $41.55 — 023 4,738 $41.5641 Open market sale $41.55 to $41.58 Trust and Adviser 12/08/202
• $41.58 — $41.5641 Open market sale $41.55 to $41.58 Trust and Adviser 12/08/2023 12,328
• $41.5550 — Trust and Adviser 12/11/2023 37,638 $41.5550 Open market sale $41.55 to $41.61 Tr
• $41.61 — $41.5550 Open market sale $41.55 to $41.61 Trust and Adviser 12/12/2023 21,884
• $41.5501 — Trust and Adviser 12/12/2023 21,884 $41.5501 Open market sale $41.55 to $41.56 Tr
• $41.56 — $41.5501 Open market sale $41.55 to $41.56 Trust and Adviser 12/13/2023 3,779
• $41.5526 — Trust and Adviser 12/13/2023 3,779 $41.5526 Open market sale $41.55 to $41.565 T

Filing Documents

• schedule13da.htm (SC 13D/A) — 59KB
• 0001008886-24-000022.txt ( ) — 60KB

of the Schedule 13D is hereby amended and supplemented by adding the following information

Item 5 of the Schedule 13D is hereby amended and supplemented by adding the following information: (a) Set forth below is the aggregate number and percentage of outstanding shares of Common Stock owned beneficially by each Reporting Person named in Item 2 (based on 24,558,330 shares of Common Stock outstanding as of November 3, 2023): Name Shares of Common Stock Beneficially Owned Percentage of Shares of Common Stock Beneficially Owned Trust and Adviser Common Stock –4,762,531 19.4% The Adviser is the Special Holdings Direction Adviser under the Trust and may be deemed to have sole voting and dispositive power with regard to the shares of Common Stock held by the Trust. The shares beneficially owned by the Trust are held directly by Amandla II LLC, which is 100% owned by the Trust, and Amandla LLC, which is 100% owned by Amandla II LLC. (c) The following transactions in the Common Stock have occurred during the past 60 days by the Reporting Persons: Name Trade Date Number of Shares Sold Weighted Average Price Per Share Where and How Transaction was Effected Range of Prices per Share Trust and Adviser 11/15/2023 403 $42.1037 Open market sale $42.10 to $42.115 Trust and Adviser 11/20/2023 57 $42.10 Open market sale $42.10 Trust and Adviser 11/21/2023 100 $42.05 Open market sale $42.05 Trust and Adviser 11/22/2023 627 $42.0766 Open market sale $42.05 to $42.20 Trust and Adviser 12/04/2023 100 $41.60 Open market sale $41.60 Trust and Adviser 12/05/2023 1,498 $41.60 Open market sale $41.60 Trust and Adviser 12/06/2023 952 $41.60 Open market sale $41.60 Trust and Adviser 12/07/2023 4,738 $41.5641 Open market sale $41.55 to $41.58 Trust and Adviser 12/08/2023 12,328 $41.55 Open market sale $41.55 Trust and Adviser 12/11/2023 37,638 $41.5550 Open market sale $41.55 to $41.61 Trust and Adviser 12/12/2023 21,884 $41.5501 Open market sale $41.55 to $41.56 Trust and Adviser 12/13/2023 3,779 $4

View Full Filing

View this SC 13D/A filing on SEC EDGAR