NATIONAL RESEARCH CORP·4

Feb 17, 7:21 PM ET

Lockhart Stephen H 4

4 · NATIONAL RESEARCH CORP · Filed Feb 17, 2026

Research Summary

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NRC Director Stephen H. Lockhart Receives 8,819-Share Award

What Happened Stephen H. Lockhart, a director of National Research Corp (NRC), was granted 8,819 shares as an award (transaction code A) on January 22, 2026. The filing reports $0 cash paid for the award (derivative grant), indicating the shares were granted rather than purchased or sold.

Key Details

  • Transaction date: 2026-01-22; filing date: 2026-02-17 (the Form 4 was filed after the transaction date).
  • Transaction type/code: A — Award/Grant (derivative).
  • Shares granted: 8,819 shares; reported price: $0.00 (no cash exchanged).
  • Footnote: Award granted under the Issuer's 2025 Omnibus Incentive Plan for participation in two in-person meetings since the 2025 Annual Meeting of Stockholders.
  • Shares owned after transaction: Not specified in the provided filing details.

Context This was a compensation/award grant rather than an open-market purchase or sale. Such awards are commonly used for director compensation or meeting attendance and do not by themselves indicate a buy or sell signal. The Form 4 was filed several weeks after the transaction date, which is later than the typical two-business-day reporting window for insiders.

Insider Transaction Report

Form 4
Period: 2026-01-22
Transactions
  • Award

    Director Stock Option (Right to Buy)

    [F1]
    2026-01-22+8,8198,819 total
    Exercise: $22.01From: 2026-01-22Exp: 2036-01-22Common Stock (8,819 underlying)
Footnotes (1)
  • [F1]This award is a grant to the reporting person made under the Issuer's 2025 Omnibus Incentive Plan for participating in two in-person meetings since the 2025 Annual Meeting of Stockholders.
Signature
/s/ Stephen H. Lockhart, by Heidi Hornung-Scherr, attorney-in-fact, pursuant to a POA previously filed with the SEC|2026-02-17

Documents

1 file
  • 4
    form4.xmlPrimary