NRC (NRC) CFO Harrison purchases 8,000 shares in open-market trade

Rhea-AI Filing Summary

National Research Corp EVP & CFO buys company stock

Shane R. Harrison, Executive Vice President and Chief Financial Officer of National Research Corp, reported an open-market purchase of 8,000 shares of common stock on February 17, 2026 at a weighted average price of $12.2703 per share through an IRA account, which is reported as indirect ownership.

After these transactions, Harrison also reported 150,729 shares of National Research Corp common stock held as direct ownership, reflecting his ongoing equity stake in the company.

Insider Trade Summary

Net Buyer: 8,000 shares ($98,162)

Net Buy 2 txns

Insider HARRISON SHANE R

Role EVP & Chief Financial Officer

Bought 8,000 shs ($98K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	8,000	$12.2703	$98K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 8,000 shares (Indirect, IRA); Common Stock — 150,729 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

HARRISON SHANE R

(Last) (First) (Middle)

1245 Q STREET

(Street)

LINCOLN NE 68508

(City) (State) (Zip)

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

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP & Chief Financial Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026

4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/17/2026		P		8,000	A	$12.2703(1)	8,000	I	IRA
Common Stock								150,729	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The price in Column 4 is a weighted average price. The prices actually ranged from $12.01 to $12.33, inclusive. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares purchased at each price within the range set forth in this footnote.

	/s/ Shane R. Harrison, by Cody Kofoid, attorney-in-fact, pursuant to a POA previously filed with the SEC	02/19/2026
	** 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 4 (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 insider transaction did NRC EVP & CFO Shane R. Harrison report?

Shane R. Harrison reported an open-market purchase of 8,000 shares of National Research Corp common stock. The shares were bought on February 17, 2026 at a weighted average price of $12.2703 per share through an IRA account classified as indirect ownership.

At what price did the NRC EVP & CFO buy shares in this Form 4?

The purchase was reported at a weighted average price of $12.2703 per share. A footnote explains that actual trade prices ranged from $12.01 to $12.33, and detailed trade breakdowns are available from the reporting person upon request.

How many NRC shares does Shane R. Harrison own directly after this filing?

After the reported transactions, Shane R. Harrison reported 150,729 shares of National Research Corp common stock as directly owned. This direct position is separate from the 8,000 shares purchased through an IRA, which are reported as indirectly owned.

How are the newly purchased NRC shares held by the reporting person?

The 8,000 newly purchased National Research Corp shares are held through an IRA account, which is classified as indirect ownership. The Form 4 explicitly labels the ownership type as indirect and notes the nature of ownership as “IRA.”

What does the weighted average price footnote mean in this NRC Form 4?

The footnote states the $12.2703 figure is a weighted average of multiple trades between $12.01 and $12.33. The reporting person offers to provide the exact number of shares purchased at each price level to the issuer, shareholders, or SEC staff on request.