Form 4: NN Inc. Director Thomas Hampton Wilson Jr. Acquires Restricted Stock

Director Thomas Hampton Wilson Jr. acquired 58,823 shares of restricted NN Inc. stock at $2.55 per share on March 18, 2025, vesting on March 18, 2026.

Summary

• On March 18, 2025, Thomas Hampton Wilson Jr., a director of NN Inc., acquired 58,823 shares of common stock.
• The shares were acquired at a price of $2.55 per share.
• These shares are restricted stock and will vest on March 18, 2026.
• Following the transaction, Wilson's beneficial ownership of NN Inc. common stock is 397,288 shares.
• Wilson has granted a power of attorney to Richard Mattern and others to handle SEC filings related to his NN Inc. holdings.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. A director purchasing shares suggests confidence, but it's a routine transaction.

Positives

• A director's acquisition 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. This filing indicates a director's investment in the company, which is generally viewed positively by investors.

Stakeholder Impact

• Shareholders may view the director's stock purchase as a positive signal.

Key Dates

Keywords

NN Inc, NNBR, Form 4, Director, Stock Acquisition, Restricted Stock, Beneficial Ownership, Thomas Hampton Wilson Jr., Power of Attorney, SEC