Form 4: NN Inc. Executive Gail Nixon Reports Stock Transaction
SEC Form 4 Filing
Senior VP Gail Nixon reports disposition of shares to cover taxes related to vesting of restricted stock.
Summary
- On March 28, 2025, Gail Nixon, Senior VP of Human Resources at NN Inc., reported a transaction involving common stock.
- 2,524 shares were disposed of to cover taxes related to the vesting of 7,423 shares of restricted stock.
- The price per share for the transaction was $2.45.
- Following the transaction, Nixon beneficially owns 151,099 shares of NN Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a standard tax withholding transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax withholding procedure related to the vesting of restricted stock, which is a common form of executive compensation.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine tax withholding related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 03/28/2025 | Date of stock transaction (disposal of shares). |
| 04/01/2025 | Date of signature on the report. |
Keywords
Form 4, NN Inc, NNBR, Gail Nixon, Stock Transaction, Beneficial Ownership, Restricted Stock, Tax Withholding
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