---
schema_version: "secwatch.filing_event.v1"
accession: "0000072633-23-000005"
form_type: "8-K"
ticker: "NRT"
cik: "0000072633"
company_name: "NORTH EUROPEAN OIL ROYALTY TRUST"
filed_at: "2023-03-15T23:59:59+00:00"
generated_at: "2026-06-18T02:36:27.640519+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# North European Oil Royalty Trust names Nancy Floyd Prue as Managing Trustee; Adelman retires

## Summary
- Robert P. Adelman retired as Managing Trustee March 13, 2023; will retire as active Trustee April 30, 2023.
- Nancy J. Floyd Prue appointed Managing Trustee effective March 14, 2023; has served as Trustee since March 2018.
- Prue has over 40 years of investment experience, including 35 years with Adams Funds and as President of Adams Natural Resources Fund.
- No family relationships or arrangements exist between Prue and other trustees; no related-party transactions.

## SEC filing metadata
- accession: 0000072633-23-000005
- form_type: 8-K
- ticker: NRT
- cik: 0000072633
- company_name: NORTH EUROPEAN OIL ROYALTY TRUST
- filed_at: 2023-03-15T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/72633/000007263323000005/0000072633-23-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/72633/000007263323000005/ek031423.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000072633-23-000005
- JSON: https://secwatch.observer/filing/0000072633-23-000005.json
- Plain text: https://secwatch.observer/filing/0000072633-23-000005.txt

## Key facts
- Executive change
  Robert P. Adelman retired as Managing Trustee at NORTH EUROPEAN OIL ROYALTY TRUST.
  - Action: retired
  - Role: Managing Trustee
  source text: retirement of Robert P. Adelman, the Trust's Managing Trustee, effective March 13, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/72633/000007263323000005/0000072633-23-000005-index.htm
- Executive change
  Robert P. Adelman departed as Trustee at NORTH EUROPEAN OIL ROYALTY TRUST.
  - Action: retire
  - Role: Trustee
  source text: his retirement as an active Trustee as of April 30, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/72633/000007263323000005/0000072633-23-000005-index.htm
- Executive change
  Nancy J. Floyd Prue changed role as Managing Trustee at NORTH EUROPEAN OIL ROYALTY TRUST.
  - Action: assumed the role of
  - Role: Managing Trustee
  source text: Nancy J. Floyd Prue will assume the role of Managing Trustee.
  evidence_url: https://www.sec.gov/Archives/edgar/data/72633/000007263323000005/0000072633-23-000005-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.