other material
confidence high
sentiment neutral
materiality 0.55
National Research reincorporates to Delaware; adopts majority voting, proxy access; authorized shares raised to 110M
NRC HEALTH
- Shareholders approved reincorporation from Wisconsin to Delaware, effective June 30, 2021, with 93.68% of votes for.
- Uncontested director elections changed to majority vote standard; failing directors must tender resignation to board.
- Proxy access permits stockholders owning 3% for ≥3 years to nominate up to 2 or 20% of board candidates.
- Authorized common shares increased from 60M to 110M; all seven meeting proposals passed with strong support.