North European Oil Trust (NYSE: NRT) unitholders back trustees and pay

Rhea-AI Filing Summary

North European Oil Royalty Trust reported results of its Annual Meeting of Unit Owners held on February 17, 2026. A total of 1,996,448 Units were represented in person or by proxy. Unit owners elected four trustees to serve until the next annual meeting, including Andrew S. Borodach with 1,691,024 votes for and 305,424 withheld, and Richard P. Howard with 1,907,063 votes for and 89,385 withheld. They also gave advisory, non-binding approval of the Managing Director’s compensation, with 1,384.061 votes for, 268,385 against and 344,002 abstentions.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of report (Date of earliest event reported) February 17, 2026

North European Oil Royalty Trust

(Exact Name of Registrant as Specified in Charter)

Delaware	1-8245	22-2084119
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)

PO Box 107, East Schodack, NY 12063

(Address of Principal Executive Office, and Zip Code)

(732) 741-4008

(Registrant’s Telephone Number, Including Area Code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐ Written communication pursuant to Rule 425 under Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐
Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Units of Beneficial Interest	NRT	New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240-12b-2).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 5.07 Submission of Matters to a Vote of Security Holders.

The Annual Meeting of Unit Owners of North European Oil Royalty Trust (the “Trust”) was held on February 17, 2026 (the “Annual Meeting”). A total of 1,996,448 Units were represented in person or by valid proxy at the Annual Meeting. Unit Owners voted on the following two proposals at the Annual Meeting and cast their votes as follows:

Proposal One:

The following persons were elected as Trustees of the Trust to serve until the next Annual Meeting of Unit Owners, by the votes set forth in the following table:

	For	Withheld	Broker Non-Votes
Andrew S. Borodach	1,691,024	305,424	--
Ahron H. Haspel	1,882,901	113,547	--
Richard P. Howard	1,907,063	89,385	--
Nancy J. F. Prue	1,818,159	178,289	--

Proposal Two:

The Unit Owners approved, on an advisory (non-binding) basis, the compensation of the Trust’s Managing Director as described in the Trust’s Proxy Statement for the Annual Meeting, by the votes set forth in the following table:

For	Against	Abstain	Broker Non-Votes
1,384.061	268,385	344,002	--

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	NORTH EUROPEAN OIL ROYALTY TRUST
	(Registrant)
	By:	Nancy J. Floyd Prue
	Nancy J. Floyd Prue
	Managing Trustee
Dated: February 18, 2026

FAQ

What did North European Oil Royalty Trust (NRT) vote on at the 2026 annual meeting?

Unit owners voted on trustee elections and advisory approval of the Managing Director’s compensation. Four trustees were elected to serve until the next annual meeting, and a separate non-binding say-on-pay proposal for the Managing Director’s compensation received majority support.

How many North European Oil Royalty Trust (NRT) units were represented at the 2026 annual meeting?

A total of 1,996,448 Units were represented in person or by valid proxy at the meeting. This figure shows how many Units participated in governance decisions, including trustee elections and the advisory vote on the Managing Director’s compensation package.

Which trustees were elected at North European Oil Royalty Trust’s 2026 annual meeting?

Unit owners elected Andrew S. Borodach, Ahron H. Haspel, Richard P. Howard and Nancy J. F. Prue as trustees to serve until the next annual meeting. Each nominee received more votes “For” than “Withheld” according to the disclosed voting results.

How did North European Oil Royalty Trust (NRT) unitholders vote on executive compensation in 2026?

Unitholders approved, on an advisory and non-binding basis, the Managing Director’s compensation. The vote totaled 1,384.061 For, 268,385 Against and 344,002 Abstain, indicating majority support, though the result does not legally require any specific compensation changes.

Was the say-on-pay vote at North European Oil Royalty Trust (NRT) binding on the Trust?

No. The vote on the Managing Director’s compensation was advisory (non-binding). It expresses unitholder views on pay practices but does not obligate the Trust to alter compensation, though trustees may consider the outcome in future decisions.

Who signed the 2026 annual meeting report for North European Oil Royalty Trust (NRT)?

The report was signed on behalf of the Trust by Nancy J. Floyd Prue, identified as Managing Trustee. Her signature indicates the Trust’s authorization and certification of the disclosed annual meeting voting results under applicable securities regulations.

Filing Exhibits & Attachments

3 documents

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA 3.8 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE 21.5 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE 15.7 KB