Form 4: National Research Corp Director Exercises Options and Sells Shares
SEC Form 4 Filing
John N. Nunnelly, a director at National Research Corp, exercised stock options and sold shares on March 27, 2024.
Summary
- On March 27, 2024, John N. Nunnelly, a director of National Research Corp, exercised stock options to acquire 9,259 shares of common stock at a price of $14.95 per share.
- Following the exercise of these options, Nunnelly sold 3,487 shares of common stock at $39.7.
- After these transactions, Nunnelly directly owns 32,666 shares of National Research Corp.
- The options were originally granted on May 8, 2015, and were set to expire on May 8, 2024.
Sentiment
Score: 5
Explanation: This is a neutral event. A director exercising options and selling shares is a common occurrence and doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
This filing is a routine disclosure of insider transactions, which are common and legal as long as they comply with SEC regulations. It provides transparency into the actions of company insiders.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in ownership.
Key Dates
| Date | Description |
|---|---|
| 05/08/2015 | Original grant date of the stock options |
| 03/27/2024 | Date of option exercise and share sale |
| 05/08/2024 | Expiration date of the stock options |
| 03/29/2024 | Date of Form 4 filing |
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