Form 4: NN Inc. Executive Reports Stock Transaction

NN Inc. executive Gail Nixon D. reported a transaction involving common stock, with shares withheld for tax obligations.

Summary

• Gail Nixon D., Senior VP of Human Resources at NN Inc. (NNBR), reported a transaction on April 1, 2026.
• The transaction involved 5,855 shares of common stock, acquired at a price of $1.45 per share.
• These shares were withheld to satisfy tax obligations related to the vesting of restricted stock.
• Following this transaction, Nixon D. beneficially owns 271,814 shares of common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing neutrally as it represents a routine administrative transaction related to executive compensation rather than a strategic business event.

Positives

• Executive continues to hold a significant direct beneficial ownership of NN Inc. common stock (271,814 shares).
• The transaction reflects a standard procedure for managing tax liabilities associated with equity compensation, indicating ongoing equity-based incentives.

Negatives

• The filing does not provide details on the total value of the restricted stock vested or the tax liability covered by the withheld shares.

Future Outlook

No forward-looking statements or guidance are present in this filing.

Industry Context

StockSavvy.ai notes that Form 4 filings are routine disclosures for insider transactions and do not typically provide strategic insights. The transaction described is a standard method for executives to manage tax obligations arising from equity compensation, a common practice across many publicly traded companies.

Stakeholder Impact

• Shareholders: The transaction does not directly impact the number of shares outstanding or the company's financial performance, but it is a standard part of executive compensation disclosure.

Key Dates

Keywords

NN Inc., NNBR, Form 4, SEC Filing, Stock Transaction, Beneficial Ownership, Executive Compensation, Restricted Stock, Tax Withholding