Highest-materiality recent filing
Nuvera director resigns; shareholders elect two directors, ratify auditor, pass proposal
Director Nathan D. Knuth resigned effective May 21, 2026, citing other commitments; no disagreement with company.
Nuvera COO Barb Bornhoft retires after 35 years; leadership promotions announced
COO Barb Bornhoft retires effective May 22, 2025 after 35 years of service.
Nuvera COO Barb Bornhoft retires after 35 years; leadership promoted
Barb Bornhoft, VP/COO/Secretary, retired May 22, 2025 after 35 years at Nuvera.
Amendments conform plan to 2018 name change, clarify stock appreciation rights may be granted under eligible incentive plans.
Nuvera enters $180M credit facility with CoBank; repays prior debt
New $180M facility: $125M term loan, $25M delayed draw term loan, $30M revolving credit.
Nuvera Communications board chair Perry Meyer retires; James Seifert elected as chair
Perry Meyer retires as board chair after serving since 1995 and as chair since 2016; will remain a board member.
Nuvera Communications increases revolving credit commitment from $30M to $40M
Third Amendment to Credit Agreement raises Revolving Commitment to $40.0M from $30.0M.
Nuvera to receive $3.4M annual CBOL funding for fiber expansion
Annualized CBOL funding of $3.4M based on tariff filing and expected line counts.
Nuvera suspends dividend, stays on current A-CAM funding to fund fiber network build
Suspends Q3 2023 dividend; focuses capital on Nuvera Gig Cities fiber deployment.
Nuvera Communications declares $0.14 quarterly dividend, payable June 15
Board approved a quarterly cash dividend of $0.14 per share, payable June 15, 2023.
Nuvera sells its 20% FiberComm stake to ImOn Communications; expects net gain
Closed sale of 100% of FiberComm to ImOn Communications on March 31, 2023.
Nuvera agrees to sell 20% FiberComm stake to ImOn; expects net gain
Nuvera holds 20% interest in FiberComm via Peoples Telephone; all owners sell to ImOn.
Nuvera enters $130M senior secured credit facility, refinances existing debt
$130M credit facility: $50M initial term loan, $50M delayed draw term loan, $30M revolving credit facility.
CEO Glenn Zerbe's stock option award corrected from 50,926 to 50,000 NQSOs; $3,000 cash bonus given.
Nuvera grants 86,420 NQSOs to CEO and two NEOs; total value $280,000
Board grants 86,420 NQSOs to three NEOs: CEO Zerbe (50,926), CFO Kawlewski & SVP Bornhoft (17,747 each).
Nuvera Communications increases revolving credit facility from $10M to $20M, matures June 30, 2022
Revolving loan commitment raised from $10 million to $20 million under amended CoBank agreement.
Nuvera Communications repurchases 150,000 shares for $3.1875M, obtains CoBank consent
Purchased 150,000 shares at $21.25 per share for total of $3,187,500 in two February 2022 transactions.
Nuvera Communications adopts exclusive forum bylaw for internal corporate claims
Board adopted new Bylaw Section 7.6 effective December 21, 2021.
Nuvera Communications plans gig-speed fiber network across rural Minnesota
Investment in fiber-to-the-home network for rural, small city, and suburban areas.
On May 20, 2026, Nathan D. Knuth notified the Board of Directors of Nuvera Communications, Inc. (the “Company”) that he was resigning from the Company’s Board of Directors effective at the end of the Company’s 2026 Annual Meeting of Shareholders that was held on May 21, 2026, at 10:00 a.m. Central Time.
On May 22, 2025, Nuvera Communications, Inc. (the “Company”) issued a press release announcing that its Vice President, Chief Operating Officer and Secretary Barbara A.J. Bornhoft is retiring from the Company at the time of the Company’s 2025 Annual Meeting of Shareholders on May 22, 2025.
On May 22, 2025, Nuvera Communications, Inc. (the “Company”) issued a press release announcing that its Vice President, Chief Operating Officer and Secretary Barbara A.J. Bornhoft is retiring from the Company at the time of the Company’s 2025 Annual Meeting of Shareholders on May 22, 2025.
Max materiality 0.75 · Median 0.50 · Most common event other_material