Corporate GovernanceJun 29, 2026, 01:07 PM
NATIONAL RESEARCH CORP Amends Charter, Bylaws; Enhances Governance
AI Summary
National Research Corporation held its 2026 annual meeting on June 23, 2026, where stockholders approved significant amendments to the company's certificate of incorporation. These changes include removing certain supermajority voting requirements, eliminating restrictions on director removal without cause, and modifying the voting requirement for stockholder action by written consent. The Board of Directors also approved conforming amendments to the company's bylaws. Additionally, all seven director nominees were elected, KPMG LLP was ratified as the independent auditor, and executive compensation was approved on an advisory basis.
Key Highlights
- Stockholders approved amendments to the certificate of incorporation, effective June 24, 2026.
- Removed certain supermajority voting requirements from Article 6 of the certificate of incorporation.
- Removed restrictions on director removal without cause.
- Changed written consent voting requirement from unanimous to the voting power required at a meeting.
- All seven director nominees were elected for one-year terms.
- KPMG LLP was ratified as the independent registered public accounting firm for 2026.
- Advisory vote to approve executive compensation passed with 17,065,968 votes For.
Price Impact
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