Corre Partners Management, LLC 4

What Happened

• Corre Partners Management, LLC (reported as a 10% owner/manager of affiliated funds) sold a total of 703,669 NN Inc (NNBR) shares in multiple transactions between April 23 and April 27, 2026. The trades totaled approximately $1,882,703. Individual reported blocks include 406,779 and 148,526 shares at a weighted average $2.69, smaller lots on April 24 at ~$2.51, and additional sales on April 27 at a weighted average $2.63. These were disposals (sales), not purchases — commonly routine for funds managing positions.

Key Details

• Dates and prices (weighted averages / ranges): Apr 23 (406,779 & 148,526 shares @ $2.69; range $2.49–$2.88), Apr 24 (8,936 & 3,263 shares @ $2.51; range $2.50–$2.54), Apr 27 (99,745 & 36,420 shares @ $2.63; range $2.52–$2.7099).
• Total shares sold: 703,669; total proceeds: ≈ $1.88M.
• Shares owned after transaction: Not stated in this filing.
• Ownership/beneficial notes: Reported securities are directly owned by Corre Opportunities Qualified Master Fund, LP and Corre Horizon Fund, LP. Corre Partners (and related entities/individuals) disclaim beneficial ownership except to the extent of pecuniary interest (see footnotes F4/F5).
• Pricing footnotes: Weighted-average prices reported; filing offers to provide breakdowns of shares sold at each price upon request (see F1–F3).
• Timeliness: Form 4 filed Apr 27, 2026 covering trades from Apr 23–27. Because some trades occurred on Apr 23–24, the Apr 27 filing may be later than the standard 2-business-day Form 4 deadline for those earlier trades.

Context

• This filing reflects institutional/manager trading by a 10% owner and affiliated funds rather than direct executive insider trading; such sales can be portfolio management (liquidity or rebalancing) rather than signals about company fundamentals. The report also notes John Barrett will be listed as a reporting person on a subsequent Form 4 once CIK codes are available.