Form 4: Donald Berwick Reports Stock Option Grant in National Research Corp Filing
SEC Form 4 Filing
Director Donald Berwick reports the acquisition of stock options in National Research Corporation.
Summary
- Donald Berwick, a director of National Research Corporation, filed a Form 4 on May 9, 2025, reporting a transaction that occurred on May 7, 2025.
- The transaction involved the acquisition of 34,917 stock options with an exercise price of $13.09.
- These options were granted under the Issuer's 2025 Omnibus Incentive Plan and will vest and become exercisable on the date immediately preceding the date of the Issuer's next annual shareholder meeting, subject to vesting, forfeiture, and termination provisions.
- Following the reported transaction, Berwick beneficially owns 34,917 derivative securities (stock options) directly.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of stock option grants.
Positives
- The grant of stock options aligns the director's interests with those of the shareholders.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 05/07/2025 | Date of transaction: Stock options acquired |
| 05/09/2025 | Date of Form 4 filing |
| 05/07/2035 | Expiration date of the stock options |
Keywords
Form 4, stock options, National Research Corporation, director, Donald Berwick, beneficial ownership, Omnibus Incentive Plan
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.