Common Property Trust Amends National Research Corp Filing

TL;DR

CPT filed an amendment on 3/5/24 for NRC. Ownership change incoming?

AI Summary

On March 5, 2024, Common Property Trust, managed by Thomas Richardson, filed an amendment to its Schedule 13D. This filing indicates a change in beneficial ownership of National Research Corporation, though specific new holdings or dollar amounts are not detailed in this excerpt. The filing is an amendment to a previous submission.

Why It Matters

This amendment signals a potential shift in control or strategy for National Research Corporation, which could impact its stock price and future business decisions.

Risk Assessment

Risk Level: medium — Amendments to Schedule 13D filings often precede significant corporate actions or changes in control, introducing uncertainty.

Key Players & Entities

• Common Property Trust (company) — Filer of the Schedule 13D/A
• Thomas Richardson (person) — Trustee & Manager of Common Property Trust
• National Research Corporation (company) — Subject company of the filing
• Arnold & Porter Kaye Scholer LLP (company) — Legal counsel

FAQ

Key Financial Figures

• $40.54 — rust, and CPT LLC 03/01/2024 598,653 $40.54 Private sale (d) No person other than

Filing Documents

• schedule13da.htm (SC 13D/A) — 59KB
• 0001008886-24-000080.txt ( ) — 60KB

From the Filing

SC 13D/A 1 schedule13da.htm SCHEDULE 13D/A SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13D (Rule 13d-101) Under the Securities Exchange Act of 1934 (Amendment No. 1) National Research Corporation __________________________________________________________________________________ (Name of Issuer ) Common Stock, $.001 par value __________________________________________________________________________________ (Title of Class of Securities) 637372202 __________________________________________________________________________________ (CUSIP Number) Thomas Richardson Arnold & Porter Kaye Scholer LLP 601 Massachusetts Ave., NW Washington, D.C. 20001-3743 202-942-5171 __________________________________________________________________________________ ( Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) March 1, 2024 __________________________________________________________________________________ (Date of Event Which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of sections 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. [ ] The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") or otherwise subject to the liabilities of that section of the Exchange Act but shall be subject to all other provisions of the Exchange Act (however, see the Notes). CUSIP NO.: 637372202 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only) Thomas Richardson, as the Trustee of Common Property Trust and as Manager of Common Property Trust LLC 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) [ ] (b) [ ] 3. SEC USE ONLY 4. Source of Funds (See Instructions) OO 5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) [ ] 6. Citizenship or Place of Organization United States of America Number of Shares Beneficially Owned by Each Reporting Person with 7. Sole Voting Power 3,854,284 8. Shared Voting Power 0 9. Sole Dispositive Power 3,854,284 10. Shared Dispositive Power 0 11. Aggregate Amount Beneficially Owned by Each Reporting Person 3,854,284 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] 13. Percent of Class Represented by Amount in Row (11) 16.2% (1) 14. Type of Reporting Person (See Instructions) IN (1) The percentage indicated is based upon 23,854,428 shares of common stock outstanding as of February 13, 2024, as reported in the Issuer's Annual Report on Form 10-K, as filed with the Securities and Exchange Commission on February 27, 2024. CUSIP NO.: 637372202 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only) Common Property Trust 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) [ ] (b) [ ] 3. SEC USE ONLY 4. Source of Funds (See Instructions) OO 5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) [ ] 6. Citizenship or Place of Organization Delaware Number of Shares Beneficially Owned by Each Reporting Person with 7. Sole Voting Power 3,854,284 8. Shared Voting Power 0 9. Sole Dispositive Power 3,854,284 10. Shared Dispositive Power 0 11. Aggregate Amount Beneficially Owned by Each Reporting Person 3,854,284 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] 13. Percent of Class Represented by Amount in Row (11) 16.2% (1) 14. Type of Reporting Person (See Instructions) OO (1) The percentage indicated is based upon 23,854,428 shares of common stock outstanding as of February 13, 2024, as reported in the Issuer's Annual Report on Form 10-K, as filed with the Securities and Exchange Commission on February 27, 2024. CUSIP NO.: 637372202 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only) Common Property Trust LLC (85-3188822) 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) [ ] (b) [ ] 3. SEC USE ONLY 4. Source of Funds (See Instructions) OO 5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) [ ] 6. Citizenship or Place of Organization Delaware Number of Shares Beneficially Owned by Each Reporting Person with 7. Sole Voting Power 3,854,284 8. Shared Voting Power 0 9. Sole Dispositive Power 3,854,284 10. Shared Dispositive Power 0 11. Aggregate Amount Beneficially Owned by Each Reporting Person 3,854,284 12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) [ ] 13. Percent of Cla

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