Amendment to Schedule 13D Filing for National Research Corporation

This filing is an amendment (Amendment No. 3) to a Schedule 13D initially filed on March 22, 2021, concerning shares of Common Stock of National Research Corporation. The amendment is filed by Common Property Trust (CPT), Common Property Trust LLC (CPT LLC), Amandla LLC, Patrick E. Beans, and Michael D. Hays (collectively, the "Reporting Persons"). The primary purpose of this amendment is to reflect the relinquishment by Michael D. Hays of his right to reacquire shares of Common Stock held by certain irrevocable trusts established for family members. As of March 23, 2026, excluding certain shares, Hays is no longer considered the beneficial owner of more than five percent of the Common Stock. The filing details the beneficial ownership of Common Stock by each Reporting Person, with CPT holding approximately 37.9%, Amandla LLC holding 20.9%, CPT LLC holding 16.9%, Patrick E. Beans holding approximately 46.5%, and Michael D. Hays holding approximately 3.7%. Several individuals and entities, including trusts and LLCs managed or influenced by Beans and Hays, are listed as holders of various blocks of shares, with disclaimers of beneficial ownership noted for certain holdings by Hays. The filing also includes updated information on stock options held by Hays and lists newly incorporated exhibits related to stock option agreements.