Form 4: NN Inc. Director Rajeev Gautam Reports Acquisition and Disposal of Common Stock
SEC Form 4 Filing
Director Rajeev Gautam reports acquiring and disposing of NN Inc. common stock on March 18, 2025, according to a Form 4 filing.
Summary
- On March 18, 2025, Rajeev Gautam, a director of NN Inc., engaged in transactions involving the company's common stock.
- Gautam acquired 58,823 shares of common stock at a price of $2.55 per share.
- Following the reported transactions, Gautam beneficially owns 276,632 shares of NN Inc. common stock.
- The filing also includes an updated power of attorney.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It is important for investors to monitor these filings as they can provide insights into management's perspective on the company's stock.
Stakeholder Impact
- The stock transaction may have a minor impact on shareholders, depending on the overall market reaction.
Key Dates
| Date | Description |
|---|---|
| January 17, 2025 | Date of Power of Attorney execution. |
| March 18, 2025 | Date of stock transaction (acquisition and disposal). |
| March 18, 2026 | Vesting date for restricted stock. |
| March 20, 2025 | Date of Form 4 signature. |
Keywords
Form 4, NN Inc, Rajeev Gautam, Director, Stock Transaction, Beneficial Ownership, Section 16(a)
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