Form 4: NN, Inc. CFO Reports Routine Stock Disposition for Tax Purposes
Insider Transaction Report
Christopher H. Bohnert, SVP and Chief Financial Officer of NN, Inc., reported the disposition of 10,981 shares of common stock to cover tax obligations related to restricted stock vesting.
Summary
- Christopher H. Bohnert, the Senior Vice President and Chief Financial Officer of NN, Inc. (NNBR), filed a Form 4 reporting a transaction.
- On June 25, 2025, Mr. Bohnert disposed of 10,981 shares of NN, Inc. common stock.
- This disposition was a withholding by NN, Inc. to cover taxes associated with the vesting of 37,800 shares of restricted stock.
- The shares were valued at $1.95 per share for tax purposes.
- Following this transaction, Mr. Bohnert directly beneficially owns 178,019 shares of NN, Inc. common stock.
Sentiment
Score: 5
Explanation: The document reports a routine, non-discretionary insider transaction related to executive compensation and tax compliance, which typically has a neutral impact on company sentiment.
Industry Context
This filing is a routine insider transaction report, common across all industries, reflecting executive compensation practices and tax compliance rather than specific industry trends.
Stakeholder Impact
- Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction for tax purposes, not indicative of a change in management's outlook or a significant sale.
Key Dates
| Date | Description |
|---|---|
| 01/31/2025 | Date of Power of Attorney granted by Chris Bohnert for SEC filings. |
| 06/25/2025 | Date of the reported transaction where shares were disposed for tax withholding. |
| 06/27/2025 | Date the Form 4 was signed and filed with the SEC. |
Keywords
NN Inc, NNBR, Form 4, Insider Transaction, Stock Disposition, Tax Withholding, Restricted Stock, Executive Compensation, Christopher H. Bohnert
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