Corre Partners Management, LLC 4

What Happened Corre Partners Management, LLC (a reporting 10% owner/manager) sold a total of 703,627 shares of NN INC (NNBR) in open-market or private sales across April 15–17, 2026 for aggregate proceeds of approximately $1.53 million. Trade-by-trade reported details: Apr 15 — 231,067 shares @ $2.06 (≈$475,143) and 84,369 shares @ $2.06 (≈$173,488); Apr 16 — 29,323 shares @ $2.04 (≈$59,851) and 10,707 shares @ $2.04 (≈$21,854); Apr 17 — 255,039 shares @ $2.29 (≈$585,034) and 93,122 shares @ $2.29 (≈$213,613). All transactions are coded as sales (S).

Key Details

• Dates/prices: Apr 15–17, 2026; reported weighted-average prices shown ($2.06, $2.04, $2.29).
• Price ranges: Footnotes state the reported prices are weighted averages; individual trades occurred within ranges of $2.00–$2.17, $2.015–$2.105, and $2.04–$2.445.
• Ownership after trades: Not disclosed in the provided filing excerpt.
• Beneficial ownership: The securities are directly owned by funds (Corre Opportunities Qualified Master Fund and Corre Horizon Fund); Corre Partners is the investment manager and disclaims beneficial ownership except to the extent of pecuniary interest (see footnotes F4/F5).
• Additional reporting: John Barrett (managing member) will be reported separately once his CIK is available.
• Timeliness: Form 4 was filed Apr 17, 2026 for trades Apr 15–17; this filing appears timely under the Form 4 two-business-day rule.

Context

• This is institutional selling by a 10% owner/manager — not an executive-level purchase — and may reflect fund-level rebalancing or liquidity needs rather than an individual insider view.
• Sales (S) generally provide less bullish signal than purchases; no purchases, awards, or option exercises were reported in this filing.
• Weighted-average pricing and fund ownership structure mean reported proceeds are approximate; the filer offers to provide breakdowns by price on request.