National Research Corp美股招股说明书(2026-02-10版)

NATIONAL RESEARCH CORPORATION 14,524,566 Shares of Common Stock Offered by Selling Shareholders_____________________________ The following information amends and supplements information contained in the prospectus, dated July 3, 2019 as amended andsupplemented by Prospectus Supplement No. 1 dated July 21, 2021 (together, the “Prospectus”). This Prospectus Supplement No. 2should be read in conjunction with the Prospectus, and is qualified by reference to the Prospectus, except to the extent that informationthat is presented herein supersedes the information contained in the Prospectus. This Prospectus Supplement No. 2 is not completewithout, and may only be delivered or utilized in connection with, the Prospectus, including any amendments or supplements thereto. Our Common Stock is listed on the NASDAQ Global Select Market under the symbol “NRC.”_____________________________ Investing in our common stock involves risks that are described in the “Risk Factors” section beginning on page 4 of theProspectus._____________________________ Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of thesesecurities or passed upon the adequacy or accuracy of this prospectus supplement.Any representation to the contrary is acriminal offense._____________________________ The date of this prospectus supplement is February 10,2026. ABOUT THIS PROSPECTUS SUPPLEMENT This Prospectus Supplement No. 2 is being filed to amend and supplement information that appears under the caption “SellingShareholders” in the Prospectus. Capitalized terms that are not defined in this Prospectus Supplement No. 2 are defined in theProspectus. SELLING SHAREHOLDERS The following information is being provided to update the Selling Shareholders table in the Prospectus to reflect various estateplanning transfers and prior sales under the Prospectus. The following table sets forth information as of February 10, 2026 with respect to the number of shares of our Common Stockbeneficially owned by each selling shareholder prior to this offering, the number of shares that may be offered for sale by each sellingshareholder by the Prospectus and the number of shares that each selling shareholder would have following the sale of all of the sharesof Common Stock offered by the selling shareholders under the Prospectus. Only those selling shareholders listed below, or theirdonees, pledgees, transferees, or successors-in-interest, may offer and sell the Common Stock pursuant to the Prospectus. The sellingshareholders may offer for sale pursuant to the Prospectus from time to time none, some or all of the shares of our Common Stocklisted below. Accordingly, the numbers of shares shown in the following table as beneficially owned after the offering are onlyestimates, based on the assumption that all of the shares offered by the selling shareholders under the Prospectus will be sold. In thepast three years, none of the selling shareholders has had any material relationship with the Company or any of its predecessors oraffiliates. The percentage ownership data is based on 22,657,421 shares of Common Stock outstanding as of October 31, 2025. The Company has prepared the table below based on information given to the Company by, or on behalf of, the selling shareholders onor before the date of Prospectus Supplement No. 2.