Form 4: NN Inc. Director Jeri J. Harman Increases Stake with $2 Purchase of 10,288 Shares
SEC Form 4 Filing
Director Jeri J. Harman increased their holdings in NN Inc. by purchasing 10,288 shares of common stock at $2 per share.
Summary
- On May 13, 2025, Jeri J. Harman, a director of NN Inc., acquired 10,288 shares of common stock.
- The purchase price was $2 per share.
- Following the transaction, Harman directly owns 377,376 shares of NN Inc.
- The purchase was made directly by the reporting person.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. A director purchasing shares at $2 indicates confidence, but the overall impact is limited without additional context.
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. Director purchases are often viewed positively by investors.
Stakeholder Impact
- Shareholders may view the director's purchase as a positive signal.
Key Dates
| Date | Description |
|---|---|
| 05/13/2025 | Date of transaction: Jeri J. Harman purchased 10,288 shares of NN Inc. common stock. |
| 05/14/2025 | Date of signature on the Form 4 filing. |
Keywords
NN Inc, Director, Jeri J. Harman, Stock Purchase, Beneficial Ownership, Form 4, NNBR
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.