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National Research Corporation 2024-2025 Proxy Voting Records

Compiled from SEC Form N-PX filings and National Research Corporation’s Form 8-K, filed May 12, 2025 (Item 5.07 on EDGAR). Page generated November 1, 2026.

5Ballot items
175Asset managers
955Fund votes
May 7, 2025Meeting date

Results at a glance

Meeting of May 7, 2025: 5 items on National Research Corporation’s Form 8-K, filed May 12, 2025: 2 elected · 3 approved.

Material dissent

None.

Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided

Proxy season: 2023-2024 2024-2025 2025-2026

Explore National Research Corporation in the interactive database Compare manager voting policies

Official 2024-2025 meeting results reported by National Research Corporation

These tallies are National Research Corporation’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed May 12, 2025 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.

National Research Corporation — official shareholder meeting results, meeting held May 7, 2025
Ballot item	For	Against	Abstain	Withheld	Broker non-votes	Support (of votes cast)	Reported outcome	Voting standard
Elect Director: Donald M. Berwick	20,930,792	103,066	22,243	--	829,100	99.5%	Elected	—
Elect Director: Stephen H. Lockhart	20,950,429	80,649	25,023	--	829,100	99.6%	Elected	—
2. The appointment of KPMG LLP as the Company's independent registered public accounting firm for 2025	21,710,551	172,003	2,647	--	--	99.2%	Approved	—
3. The compensation of the Company's named executive officers as described in the Proxy Statement	20,655,974	217,494	182,633	--	829,100	99%	Approved	—
4. The 2025 Omnibus Incentive Plan	16,852,672	4,017,318	186,111	--	829,100	81%	Approved	—

Source: National Research Corporation, Form 8-K, filed with the SEC on May 12, 2025 — read the filing on EDGAR.

How asset managers voted at the National Research Corporation 2024-2025 meeting

Each item below shows how the 175 asset managers that disclosed a National Research Corporation vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report.

1. Elect Director: Donald M. Berwick

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 4 wordings of this item as funds reported it.

99.5% Majority: yes · of votes cast

FOR 99.5%

FOR: 20,930,792AGAINST: 103,066

Details: description as filed, official tally, votes by 61 asset managers

Description as filed by funds: ELECTION OF DIRECTORS: Terms expiring at the 2028 Annual Meeting: Donald M. Berwick

National Research Corporation’s own tally for this item (“Elect Director: Donald M. Berwick”): 20,930,792 for, 103,066 against, per its Form 8-K filed May 12, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Donald M. Berwick and Stephen H. Lockhart were elected to serve as directors for three-year terms to expire at the Company's 2028 annual meeting of shareholders:”
Support: 99.5% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 61 asset managers below reported 5,351,657 for, 57,747 against.

FOR

FOR: 5,351,657AGAINST: 57,747

Largest asset managers voting on “ELECTION OF DIRECTORS: Terms expiring at the 2028 Annual Meeting: Donald M. Berwick” at National Research Corporation, 2024-2025
Asset manager	For	Against	Vote
Virtus	2,049,353	0	For
Vanguard	914,635	0	For
BlackRock	597,394	0	For
Dimensional	470,523	0	For
Fidelity	404,310	0	For
WisdomTree	168,417	0	For
Charles Schwab	121,211	0	For
Jackson National	83,801	0	For
ALPS ETF Trust	42,124	0	For
American Century	41,823	0	For
Goldman Sachs	39,834	0	For
Equitable	24,506	14,499	Mixed
TIAA	38,788	0	For
HOTCHKIS & WILEY FUNDS /DE/	37,200	0	For
Columbia Threadneedle	0	33,977	Against
TRUST FOR PROFESSIONAL MANAGERS	30,614	0	For
Principal	30,500	0	For
QUANTITATIVE MASTER SERIES LLC	25,197	0	For
Northern Lights Fund Trust IV	21,680	0	For
Prudential/PGIM	21,260	0	For
Advisors' Inner Circle Fund III	20,281	77	For
ETF Series Solutions	15,456	0	For
Northern Trust	13,636	0	For
Lincoln Financial	13,107	0	For
Principal Exchange-Traded Funds	10,813	0	For

Showing the 25 largest of 61 asset managers. See all 61 in the interactive database.

2. Elect Director: Stephen H. Lockhart

Official resultDIRECTOR ELECTIONSReported outcome: Elected

Combines 4 wordings of this item as funds reported it.

99.6% Majority: yes · of votes cast

FOR 99.6%

FOR: 20,950,429AGAINST: 80,649

Details: description as filed, official tally, votes by 61 asset managers

Description as filed by funds: ELECTION OF DIRECTORS: Terms expiring at the 2028 Annual Meeting: Stephen H. Lockhart

National Research Corporation’s own tally for this item (“Elect Director: Stephen H. Lockhart”): 20,950,429 for, 80,649 against, per its Form 8-K filed May 12, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: Elected, in the filing’s own words: “Donald M. Berwick and Stephen H. Lockhart were elected to serve as directors for three-year terms to expire at the Company's 2028 annual meeting of shareholders:”
Support: 99.6% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 61 asset managers below reported 5,360,254 for, 49,150 against.

FOR

FOR: 5,360,254AGAINST: 49,150

Largest asset managers voting on “ELECTION OF DIRECTORS: Terms expiring at the 2028 Annual Meeting: Stephen H. Lockhart” at National Research Corporation, 2024-2025
Asset manager	For	Against	Vote
Virtus	2,049,353	0	For
Vanguard	914,635	0	For
BlackRock	597,394	0	For
Dimensional	470,523	0	For
Fidelity	404,310	0	For
WisdomTree	168,417	0	For
Charles Schwab	121,211	0	For
Jackson National	83,801	0	For
ALPS ETF Trust	42,124	0	For
American Century	41,823	0	For
Goldman Sachs	39,834	0	For
Equitable	24,506	14,499	Mixed
TIAA	38,788	0	For
HOTCHKIS & WILEY FUNDS /DE/	37,200	0	For
Columbia Threadneedle	0	33,977	Against
TRUST FOR PROFESSIONAL MANAGERS	30,614	0	For
Principal	30,500	0	For
QUANTITATIVE MASTER SERIES LLC	25,197	0	For
Northern Lights Fund Trust IV	21,680	0	For
Prudential/PGIM	21,260	0	For
Advisors' Inner Circle Fund III	20,281	77	For
ETF Series Solutions	15,456	0	For
Northern Trust	13,636	0	For
Lincoln Financial	13,107	0	For
Principal Exchange-Traded Funds	10,813	0	For

Showing the 25 largest of 61 asset managers. See all 61 in the interactive database.

3. 4. The 2025 Omnibus Incentive Plan

Official resultCOMPENSATIONReported outcome: Approved

Combines 2 wordings of this item as funds reported it.

81% Approved · of votes cast

FOR 81%AGAINST

FOR: 16,852,672AGAINST: 4,017,318

Details: description as filed, official tally, votes by 61 asset managers

Description as filed by funds: APPROVAL OF THE 2025 OMNIBUS INCENTIVE PLAN.

National Research Corporation’s own tally for this item (“4. The 2025 Omnibus Incentive Plan”): 16,852,672 for, 4,017,318 against — passed, per its Form 8-K filed May 12, 2025 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “The 2025 Omnibus Incentive Plan was approved:”
Support: 81% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 61 asset managers below reported 4,299,534 for, 1,102,826 against, 4,434 abstained.

FORAGAINST

FOR: 4,299,534AGAINST: 1,102,826ABSTAIN: 4,434

Largest asset managers voting on “APPROVAL OF THE 2025 OMNIBUS INCENTIVE PLAN.” at National Research Corporation, 2024-2025
Asset manager	For	Against	Vote
Virtus	2,049,353	0	For
Vanguard	914,635	0	For
BlackRock	597,394	0	For
Dimensional	0	470,523	Against
Fidelity	404,310	0	For
WisdomTree	0	168,417	Against
Charles Schwab	121,211	0	For
Jackson National	78,027	5,774	Mixed
ALPS ETF Trust	0	42,124	Against
American Century	0	41,823	Against
Goldman Sachs	0	39,834	Against
Equitable	24,506	14,499	Mixed
TIAA	0	38,788	Against
HOTCHKIS & WILEY FUNDS /DE/	0	37,200	Against
Columbia Threadneedle	0	33,977	Against
TRUST FOR PROFESSIONAL MANAGERS	30,614	0	For
Principal	0	30,500	Against
QUANTITATIVE MASTER SERIES LLC	25,197	0	For
Northern Lights Fund Trust IV	21,680	0	For
Prudential/PGIM	0	21,260	Against
Advisors' Inner Circle Fund III	0	20,358	Against
ETF Series Solutions	0	15,456	Against
Northern Trust	0	13,636	Against
Lincoln Financial	0	13,107	Against
Principal Exchange-Traded Funds	0	10,813	Against

Showing the 25 largest of 61 asset managers. See all 61 in the interactive database.

4. 3. The compensation of the Company's named executive officers as described in the Proxy Statement

Official result Fund totals may overlapSECTION 14A SAY-ON-PAY VOTESReported outcome: Approved

Combines 4 wordings of this item as funds reported it.

99% Approved · of votes cast

FOR 99%

FOR: 20,655,974AGAINST: 217,494

Details: description as filed, official tally, votes by 171 asset managers

Description as filed by funds: NON-BINDING, ADVISORY VOTE ON THE APPROVAL OF THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS AS DISCLOSED IN THE ACCOMPANYING PROXY STATEMENT.

National Research Corporation’s own tally for this item (“3. The compensation of the Company's named executive officers as described in the Proxy Statement”): 20,655,974 for, 217,494 against — passed, per its Form 8-K filed May 12, 2025 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “The compensation of the Company's named executive officers as described in the Proxy Statement was approved on an advisory and non-binding basis:”
Support: 99% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

Also reported under other wordings, matched to the same row of National Research Corporation’s official tally and shown with their own fund figures; their managers are not in the figures or the table on this card: “Advisory Vote to Ratify Named Executive Officers' Compensation” (4 managers, Fund and manager reports combined; may count the same shares twice; no share total shown).

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).

Fund voting reports: 60 asset managers voting on “NON-BINDING, ADVISORY VOTE ON THE APPROVAL OF THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS AS DISCLOSED IN” at National Research Corporation, 2024-2025
Asset manager	For	Vote
Virtus	2,049,353	For
Vanguard	914,635	For
BlackRock	597,394	For
Dimensional	470,523	For
Fidelity	404,310	For
WisdomTree	168,417	For
Charles Schwab	121,211	For
Jackson National	83,801	For
ALPS ETF Trust	42,124	For
American Century	41,823	For
Goldman Sachs	39,834	For
Equitable	39,005	For
TIAA	38,788	For
HOTCHKIS & WILEY FUNDS /DE/	37,200	For
Columbia Threadneedle	33,977	For
TRUST FOR PROFESSIONAL MANAGERS	30,614	For
Principal	30,500	For
QUANTITATIVE MASTER SERIES LLC	25,197	For
Northern Lights Fund Trust IV	21,680	For
Prudential/PGIM	21,260	For
Advisors' Inner Circle Fund III	20,358	For
ETF Series Solutions	15,456	For
Northern Trust	13,636	For
Lincoln Financial	13,107	For
Principal Exchange-Traded Funds	10,813	For

Fund voting reports, all 60 managers: 5,400,714 for, 1,890 against. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports: 127 asset managers voting on “NON-BINDING, ADVISORY VOTE ON THE APPROVAL OF THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS AS DISCLOSED IN” at National Research Corporation, 2024-2025
Asset manager	For	Against	Vote
KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC	2,992,094	0	For
ATLANTA CAPITAL MANAGEMENT CO L L C	608,142	0	For
BlackRock	469,464	29,699	Mixed
GEODE CAPITAL MANAGEMENT, LLC	443,448	0	For
Northern Trust	300,071	0	For
State Street	295,438	70	For
Renaissance	295,131	0	For
Northwest & Ethical Investments L.P.	0	129,200	Against
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC	127,250	0	For
Charles Schwab	121,240	0	For
Citadel	108,066	0	For
WELLS FARGO BANK N A	102,946	0	For
BESSEMER TRUST Co NATIONAL ASSOCIATION	94,220	0	For
COMERICA BANK	93,320	0	For
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO	79,164	0	For
PARAMETRIC PORTFOLIO ASSOCIATES LLC	65,737	0	For
AQR	65,312	0	For
Dimensional	55,938	0	For
BESSEMER TRUST CO	47,110	0	For
BESSEMER TRUST Co OF FLORIDA	47,110	0	For
Bessemer Trust CO of Delaware, N.A.	47,110	0	For
Bessemer Trust Co of Nevada, National Association	47,110	0	For
MELLON INVESTMENTS Corp	44,913	0	For
Goldman Sachs	44,895	0	For
TEACHER RETIREMENT SYSTEM OF TEXAS	44,672	0	For

Institutional-manager reports, all 127 managers: 7,293,702 for, 191,802 against, 1,022 abstained. Showing the 25 largest; see all in the interactive database.

5. 2. The appointment of KPMG LLP as the Company's independent registered public accounting firm for 2025

Official resultAUDIT-RELATEDReported outcome: Approved

99.2% Approved · of votes cast

FOR 99.2%

FOR: 21,710,551AGAINST: 172,003

Details: description as filed, official tally, votes by 60 asset managers

Description as filed by funds: VOTE ON THE RATIFICATION OF THE APPOINTMENT OF KPMG LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR 2025.

National Research Corporation’s own tally for this item (“2. The appointment of KPMG LLP as the Company's independent registered public accounting firm for 2025”): 21,710,551 for, 172,003 against — passed, per its Form 8-K filed May 12, 2025 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “The appointment of KPMG LLP as the Company's independent registered public accounting firm for 2025 was ratified:”
Support: 99.2% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 60 asset managers below reported 5,402,127 for, 477 against.

FOR

FOR: 5,402,127AGAINST: 477

Largest asset managers voting on “VOTE ON THE RATIFICATION OF THE APPOINTMENT OF KPMG LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM F” at National Research Corporation, 2024-2025
Asset manager	For	Vote
Virtus	2,049,353	For
Vanguard	914,635	For
BlackRock	597,394	For
Dimensional	470,523	For
Fidelity	404,310	For
WisdomTree	168,417	For
Charles Schwab	121,211	For
Jackson National	83,801	For
ALPS ETF Trust	42,124	For
American Century	41,823	For
Goldman Sachs	39,834	For
Equitable	39,005	For
TIAA	38,788	For
HOTCHKIS & WILEY FUNDS /DE/	37,200	For
Columbia Threadneedle	33,977	For
TRUST FOR PROFESSIONAL MANAGERS	30,614	For
Principal	30,500	For
QUANTITATIVE MASTER SERIES LLC	25,197	For
Northern Lights Fund Trust IV	21,680	For
Prudential/PGIM	21,260	For
Advisors' Inner Circle Fund III	20,358	For
ETF Series Solutions	15,456	For
Northern Trust	13,636	For
Lincoln Financial	13,107	For
Principal Exchange-Traded Funds	10,813	For

Showing the 25 largest of 60 asset managers. See all 60 in the interactive database.

Largest National Research Corporation shareholders voting in 2024-2025

Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported.

Fund voting reports: top National Research Corporation shareholders by shares voted on “ELECTION OF DIRECTORS: Terms expiring at the 2028 Annual Meeting: Donald M. Berwick”, 2024-2025
#	Asset manager	Shares voted
1	Virtus	2,049,353
2	Vanguard	914,635
3	BlackRock	597,394
4	Dimensional	470,523
5	Fidelity	404,310
6	WisdomTree	168,417
7	Charles Schwab	121,211
8	Jackson National	83,801
9	ALPS ETF Trust	42,124
10	American Century	41,823

Institutional-manager reports: top National Research Corporation shareholders by shares voted on “NON-BINDING, ADVISORY VOTE ON THE APPROVAL OF THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS…”, 2024-2025
#	Asset manager	Shares voted
1	KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC	2,992,094
2	ATLANTA CAPITAL MANAGEMENT CO L L C	608,142
3	BlackRock	499,163
4	GEODE CAPITAL MANAGEMENT, LLC	443,448
5	Northern Trust	300,071
6	State Street	295,508
7	Renaissance	295,131
8	Northwest & Ethical Investments L.P.	129,200
9	HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC	127,250
10	Charles Schwab	121,240

Shown as share counts, not percentages: no shares-outstanding figure has been matched to National Research Corporation for the 2024-2025 season, so there is no denominator to divide by.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. This page is a static snapshot rebuilt weekly on November 1, 2026; a live search always shows the current data.

At National Research Corporation's shareholder meeting held May 7, 2025, in the 2024-2025 proxy season, 175 asset managers reported how they voted on 5 ballot items in their SEC Form N-PX filings, covering 955 separate fund positions. On the most widely held item on that ballot — NON-BINDING, ADVISORY VOTE ON THE APPROVAL OF THE COMPENSATION OF OUR NAMED EXECUTIVE OFFICERS… — National Research Corporation's filing reports the proposal as approved, with 99% support of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side). Source: National Research Corporation's Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on May 12, 2025.

National Research Corporation proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.

Download data (CSV): ballot items · votes by manager · column guide.