Form 4: NN Inc. Director Christina Carroll Reports Stock Purchase
SEC Form 4 Filing
Director Christina Carroll reported purchasing NN Inc. common stock at an average price of $3.51 on August 16, 2024.
Summary
- On August 16, 2024, Christina Carroll, a director of NN Inc. (NNBR), purchased 5,701.627 shares of common stock.
- The purchase was made at a weighted average price of $3.51 per share, with individual transactions ranging from $3.49 to $3.55.
- Following the transaction, Carroll directly owns 266,999.113 shares of NN Inc. common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. A director purchasing shares suggests confidence, but the transaction is relatively small and routine.
Positives
- A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. They are closely watched by investors seeking insights into management's perspective on the company's value.
Key Dates
| Date | Description |
|---|---|
| 08/16/2024 | Date of stock purchase transaction |
| 08/19/2024 | Date of report filing |
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