Form 4: NN Inc. Executive Reports Stock Transaction
Insider Transaction Filing
NN Inc. President and CEO Harold C. Bevis reported a transaction involving the withholding of shares to cover taxes related to restricted stock vesting.
Summary
- Harold C. Bevis, President and CEO of NN Inc., reported a transaction on May 22, 2026.
- The transaction involved 130,312 shares of common stock.
- These shares were withheld by the Issuer to cover taxes related to the vesting of restricted stock.
- Following this transaction, Bevis beneficially owns 1,201,738 shares of common stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as the transaction described is a routine tax event related to stock vesting and not a discretionary purchase or sale of shares by management.
Future Outlook
No specific future outlook or guidance is provided in this filing.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions and are crucial for understanding executive compensation and potential insider sentiment, though this specific filing primarily details a tax-related event rather than a discretionary trade.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney | Harold C. Bevis granted power of attorney to specific individuals to prepare and execute SEC Forms 3, 4, and 5 on his behalf. | 02/21/2026 | Facilitates timely and accurate filing of required SEC disclosures by designated representatives. |
Stakeholder Impact
- Shareholders: The transaction is a tax-related event and does not represent a change in beneficial ownership due to a sale, thus having minimal direct impact on share count or insider sentiment regarding the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 02/21/2026 | Date of execution of Power of Attorney by Harold C. Bevis. |
| 05/22/2026 | Transaction Date for the withholding of shares to cover taxes. |
| 05/27/2026 | Date of signature for the Form 4 filing. |
Keywords
NN Inc., NNBR, Form 4, Insider Transaction, Stock Vesting, Tax Withholding, Harold C. Bevis, CEO, Director
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