Form 4: NN Inc. Executive Reports Stock Transaction

NN Inc. executive Jami Statham reported a transaction involving the withholding of shares for tax obligations.

Summary

• Jami Statham, SVP, General Counsel of NN Inc., engaged in a transaction on July 8, 2026.
• The transaction involved 1,514 shares of common stock.
• These shares were withheld to satisfy tax obligations upon the vesting of restricted stock.
• Following this transaction, Statham beneficially owns 127,967 shares of common stock directly.

Sentiment

Score: 5

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

Positives

• The transaction appears to be a standard procedure for managing tax liabilities associated with equity compensation, indicating normal business operations.
• The executive continues to hold a significant number of shares (127,967), suggesting continued commitment to the company.

Negatives

• The withholding of shares for tax purposes represents a reduction in the executive's direct holdings, although it is a planned event.

Future Outlook

No specific future outlook or guidance is provided in this filing, as it pertains to a change in beneficial ownership.

Industry Context

StockSavvy.ai notes that Form 4 filings are routine disclosures for executives and directors, detailing changes in their holdings. This specific filing indicates a standard practice for managing equity-based compensation taxes within the industrial manufacturing sector.

Stakeholder Impact

• Shareholders: The transaction does not directly impact the total number of outstanding shares but reflects a standard aspect of executive compensation management.

Key Dates

Keywords

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