NRC executive files Form 3 showing zero beneficial ownership

Rhea-AI Filing Summary

National Research Corp (NRC) reported an initial beneficial ownership statement (Form 3) for Executive Vice President Jason Russell Rau, effective 10/15/2025. The filing states that no securities are beneficially owned by the reporting person. The form was submitted as a single reporting person filing and executed via attorney-in-fact under a power of attorney.

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SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Rau Jason Russell

(Last) (First) (Middle)

1245 Q STREET

(Street)

LINCOLN NE 68508

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
10/15/2025

3. Issuer Name and Ticker or Trading Symbol
NATIONAL RESEARCH CORP [ NRC ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Executive Vice President

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

No securities are beneficially owned.

	/s/ Jason Russell Rau, by Cody Kofoid, attorney-in-fact, pursuant to the POA filed herewith	11/06/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did NRC disclose in this Form 3 filing (NRC)?

An Executive Vice President, Jason Russell Rau, filed an initial statement of beneficial ownership stating no securities are beneficially owned.

Who is the reporting person in NRC's Form 3?

The reporting person is Jason Russell Rau, an Executive Vice President of NRC.

What is the effective date of the reported ownership status for NRC?

The date of event requiring the statement is 10/15/2025.

Does the NRC Form 3 show any NRC shares or derivatives owned?

No. The filing explicitly states No securities are beneficially owned.

Is the Form 3 filed individually or jointly for NRC?

It is filed by one reporting person.

Under which rule is this NRC Form 3 submitted?

It is filed under Section 16(a) of the Exchange Act.