Corre Partners Management, LLC 4

What Happened
Corre Partners Management, LLC — reported as a 10% owner — sold a total of 229,620 shares of NN Inc (ticker: NNBR) in open‑market/private sales across April 20–22, 2026, generating approximately $518,301. Sales were reported in multiple tranches: Apr 20 — 79,757 shares @ $2.24 (≈ $178,839); Apr 21 — 55,483 shares @ $2.21 (≈ $122,595); Apr 22 — 94,380 shares @ $2.30 (≈ $216,867). The filing lists weighted‑average prices; individual trades occurred within price ranges noted in the filing.

Key Details

• Transaction type: Sales (Code S) via open market/private sale on Apr 20–22, 2026.
• Reported tranche prices (weighted averages): $2.24, $2.21, $2.30; filing notes individual trade prices ranged roughly $2.17–$2.38.
• Total shares sold: 229,620; approximate proceeds: $518,301.
• Shares owned after transaction: Not specified in the excerpt provided.
• Notable footnotes: weighted average prices with per‑trade ranges (filing offers to provide breakdown on request); reported securities are held directly by funds (Corre Opportunities Qualified Master Fund, LP and Corre Horizon Fund, LP) and Corre disclaims direct beneficial ownership except to the extent of pecuniary interest (see F4, F5). John Barrett (managing member) will be added as a Reporting Person in a subsequent Form 4 once CIKs are available.
• Filing timeliness: Report filed 2026‑04‑22 for transactions beginning 2026‑04‑20 — appears to be filed within the standard reporting window (not flagged as late).

Context
This filing reports institutional sales by a 10% owner (fund vehicles managed by Corre), not an individual executive. Such institutional selling can reflect portfolio/position management by the funds rather than a CEO or director signaling a view on the company. The filing is factual about quantities, prices, and ownership structure; it does not indicate motives.