National Beverage Corp. files SEC reports that document financial results, capital actions, governance matters and shareholder votes for its common stock. Recent Form 8-K filings report Item 2.02 earnings releases, including quarterly and fiscal-year operating results, and Item 8.01 disclosures related to the company’s stock buyback activity and market commentary.
The company’s proxy and governance filings cover annual meeting matters, director elections, board changes, executive compensation and related shareholder disclosures. These filings provide formal records for a beverage issuer whose brands include LaCroix, Rip It, Everfresh, Shasta and Faygo.
National Beverage Corp. filed a current report stating that on December 11, 2025 it issued a press release announcing its financial results for the periods ended November 1, 2025. The press release is furnished as Exhibit 99.1.
The company notes that this information, including Exhibit 99.1, is being furnished rather than filed under the Exchange Act, so it is not subject to Section 18 liability provisions and is not deemed incorporated by reference into other Securities Act or Exchange Act filings.
National Beverage Corp. (FIZZ) reported an Other Event. The company announced the commencement of a stock buyback in a press release dated October 30, 2025. The update was furnished under Item 8.01 and addresses current market conditions.
The press release is included as Exhibit 99.1, and the information in Item 8.01 (including the exhibit) is not deemed “filed” under Section 18 of the Exchange Act. National Beverage’s common stock trades on the NASDAQ Global Select Market under the symbol FIZZ.
National Beverage Corp. (FIZZ): Initial insider ownership disclosed. Glenn J. Waldman filed a Form 3 as a Director, reporting initial beneficial ownership of 1,750 shares of Common Stock, held directly (D). The Date of Event was 10/03/2025, and the filing indicates it was filed by one reporting person.
No derivative securities were listed in Table II. This is an administrative disclosure establishing the insider’s baseline holdings.
National Beverage Corp. (FIZZ) reported board changes and annual meeting results. Director Cecil D. Conlee, a Board member since 2009, notified the company on or about August 25, 2025 that he would not stand for reelection and will retire from the Board effective as of the Annual Meeting.
At the October 3, 2025 Annual Meeting, shareholders elected two Class II directors for three-year terms. Glenn J. Waldman was elected with 90,079,258 shares for and 142,952 shares withheld. Stanley M. Sheridan was re-elected with 83,106,244 shares for and 7,115,966 shares withheld. The company reported no broker non-votes for this item.
National Beverage Corp. (FIZZ) disclosed select balance-sheet and financing details. The company reports 101,994,358 shares issued. Marketable financial instruments total $133.7 million and $109.1 million (reported as Level 1 fair-value instruments). Trade receivables, net, were $116.0 million at July 27, 2024 versus $102.8 million at April 27, 2024. Derivative instruments are used to partially mitigate raw material cost exposure, are not for trading, and are fair-valued using market rates. Credit facilities had $97.3 million available at August 2, 2025 with $2.7 million reserved for standby letters of credit; there were no borrowings outstanding under the facilities at the referenced dates.
National Beverage Corp. issued its 2025 proxy for the annual shareholder meeting on October 3, 2025 in Fort Lauderdale, open to holders of common stock as of August 18, 2025. Shareholders will vote on electing Class II directors Stanley M. Sheridan and new nominee Glenn J. Waldman for three-year terms.
The filing details a controlled company structure, as Chairman and CEO Nick A. Caporella beneficially owns 73.2% of the 93,620,246 outstanding shares. The Board has Audit, Compensation and Stock Option, Nominating and Strategic Planning committees, with key committees composed entirely of independent directors.
Executive pay is explained in depth. The CEO and CFO are compensated through a long-standing management agreement with Corporate Management Advisors, Inc. that pays a 1% of net sales fee, totaling about $12.0 million in Fiscal 2025. President Joseph G. Caporella received $1.825 million in salary and bonus in Fiscal 2025, plus benefits. The company reports a CEO pay ratio of 174 to 1 versus its median employee.
The proxy also notes that Grant Thornton LLP was appointed as independent auditor beginning in the second quarter of Fiscal 2025, replacing the prior firm, and provides audit fee details. It outlines anti-hedging and insider trading policies, equity compensation plans, and procedures for shareholder proposals and director nominations for the 2026 meeting.