Form 4: Common Property Trust Acquires Beneficial Ownership of National Research Corp Shares Through Trust Decanting
SEC Form 4
Common Property Trust reports acquiring beneficial ownership of 4,755,317 shares of National Research Corp common stock due to a trust decanting on December 31, 2024.
Summary
- Common Property Trust filed a Form 4 on April 10, 2025, reporting changes in beneficial ownership of National Research Corp [NRC] common stock.
- On December 31, 2024, Amandla MK Trust was decanted to Common Property Trust.
- As a result, Common Property Trust became the sole owner of Amandla, LLC.
- This transaction resulted in Common Property Trust indirectly acquiring 4,755,317 shares of National Research Corp common stock through Amandla, LLC.
- Common Property Trust also indirectly owns 3,854,284 shares through Common Property Trust LLC.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a change in beneficial ownership, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of regulatory compliance for individuals and entities with significant ownership stakes in publicly traded companies, providing transparency into changes in their holdings.
Stakeholder Impact
- Shareholders are informed of changes in ownership structure, which can be relevant for assessing investor confidence and potential shifts in corporate control.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Amandla MK Trust was decanted to Common Property Trust, resulting in Common Property Trust becoming the sole owner of Amandla, LLC. |
| 04/10/2025 | Date of Form 4 filing by Thomas W. Richardson, as Trustee of Common Property Trust. |
Keywords
beneficial ownership, Form 4, National Research Corp, Common Property Trust, Amandla LLC, trust decanting, shares
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.