Home/Filings/8-K/0001140361-26-001518
8-K//Current report

NORTH EUROPEAN OIL ROYALTY TRUST 8-K

Accession 0001140361-26-001518

$NRTCIK 0000072633operating

Filed

Jan 15, 7:00 PM ET

Accepted

Jan 16, 5:22 PM ET

Size

162.2 KB

Accession

0001140361-26-001518

Research Summary

AI-generated summary of this filing

Updated

North European Oil Royalty Trust Announces Managing Director Retirement

What Happened
North European Oil Royalty Trust (NRT) filed an 8-K reporting that Managing Director John R. Van Kirk informed the Trust on January 13, 2026 that he will retire effective January 30, 2026. The Trust announced the retirement in a press release dated January 16, 2026. Effective January 30, 2026, Nancy J. Floyd Prue will serve as the Trust’s interim Managing Director during a transition period.

Key Details

  • John R. Van Kirk notified the Trust of his retirement on January 13, 2026; retirement effective January 30, 2026.
  • Nancy J. Floyd Prue (age 71) will be interim Managing Director beginning January 30, 2026; she has been a Trustee since March 15, 2018 and served as non-executive Managing Trustee since March 13, 2023.
  • Ms. Floyd Prue is a CFA and attorney, retired from Adams Funds in 2017 after 35 years (served as President and Senior Portfolio Manager of Adams Natural Resources Fund); she has no disclosed conflicts or related-party transactions requiring Item 404 disclosure.
  • The Trust furnished a press release dated January 16, 2026 as Exhibit 99.1 to the 8-K; Ms. Floyd Prue’s compensation will follow the Trust’s standard trustee policies disclosed in the Trust’s 2026 proxy.

Why It Matters
This filing informs unit holders about a near-term leadership change at the Trust: a long-serving Managing Director is retiring and the Board has named an experienced internal Trustee as interim Managing Director. For investors, the change signals management continuity (internal interim appointment) and no immediate related-party issues or compensation changes beyond existing policies were disclosed. Monitor future filings or proxy materials for any announcement of a permanent replacement or material operational changes.