Barrett John Frederick 4
4 · NN INC · Filed Apr 29, 2026
Research Summary
AI-generated summary of this filing
NN Inc (NNBR) 10% Owner Barrett John Frederick Sells Shares
What Happened
Barrett John Frederick (identified as a 10% owner / managing member of Corre Partners Management) sold a total of 1,636,916 shares of NN Inc (NNBR) in a series of open‑market/private sales between April 15 and April 27, 2026, generating approximately $3.93 million in proceeds. All transactions are reported as sales (code S). The filing notes these securities are directly owned by advisory clients of Corre; the Reporting Person disclaims beneficial ownership except for any pecuniary interest.
Key Details
- Transaction dates, counts, prices and proceeds (as reported):
- 2026-04-15: 315,436 shares @ $2.06 = $648,631
- 2026-04-16: 40,030 shares @ $2.04 = $81,705
- 2026-04-17: 348,161 shares @ $2.29 = $798,647
- 2026-04-20: 79,757 shares @ $2.24 = $178,839
- 2026-04-21: 55,483 shares @ $2.21 = $122,595
- 2026-04-22: 94,380 shares @ $2.30 = $216,866
- 2026-04-23: 555,305 shares @ $2.69 = $1,493,993
- 2026-04-24: 12,199 shares @ $2.51 = $30,666
- 2026-04-27: 136,165 shares @ $2.63 = $358,046
- Total: 1,636,916 shares sold for ~$3,929,988.
- Shares owned after the transactions: not specified in the provided summary; the filing notes the securities are held directly by advisory clients of Corre.
- Notable footnotes:
- F1: These trades were previously reported on Form 4s filed by Corre Partners Management (Apr 17, 22, 27); this Form 4 was filed after the Reporting Person received CIK codes.
- F2: Securities are directly owned by advisory clients of Corre; the Reporting Person disclaims beneficial ownership except to the extent of pecuniary interest.
- Several footnotes (F3–F11) state reported prices are weighted averages and that the shares were sold in multiple transactions within specified price ranges (ranges are listed in the filing).
- Timeliness: The Form 4 was filed on April 29, 2026. The filing states prior reports were made by Corre on April 17, 22 and 27; this submission appears to be a follow‑up reporting after the individual received CIKs rather than a new undisclosed trade.
Context
- These are sales (S) by a 10% owner/manager of an advisory firm, reflecting client holdings being traded; they are not necessarily personal executive trades. For retail investors, purchases by insiders are often read as stronger signals than routine sales; sales can be for many reasons (portfolio rebalancing, client redemptions, tax/liquidity needs) and do not by themselves indicate a change in company fundamentals.
- Several reported prices are weighted averages across multiple executions—filed footnotes say full per‑trade price breakdowns are available on request to the issuer, security holders, or the SEC staff.
Insider Transaction Report
Form 4
NN INCNNBR
Barrett John Frederick
10% Owner
Transactions
- Sale
Common Stock, par value $0.01 per share
[F1][F3][F2]2026-04-15$2.06/sh−315,436$648,631→ 5,890,195 total(indirect: Footnote) - Sale
Common Stock, par value $0.01 per share
[F1][F4][F2]2026-04-16$2.04/sh−40,030$81,705→ 5,850,165 total(indirect: Footnote) - Sale
Common Stock, par value $0.01 per share
[F1][F5][F2]2026-04-17$2.29/sh−348,161$798,647→ 5,502,004 total(indirect: Footnote) - Sale
Common Stock, par value $0.01 per share
[F1][F6][F2]2026-04-20$2.24/sh−79,757$178,839→ 5,422,247 total(indirect: Footnote) - Sale
Common Stock, par value $0.01 per share
[F1][F7][F2]2026-04-21$2.21/sh−55,483$122,595→ 5,366,764 total(indirect: Footnote) - Sale
Common Stock, par value $0.01 per share
[F1][F8][F2]2026-04-22$2.30/sh−94,380$216,866→ 5,272,384 total(indirect: Footnote) - Sale
Common Stock, par value $0.01 per share
[F1][F9][F2]2026-04-23$2.69/sh−555,305$1,493,993→ 4,717,079 total(indirect: Footnote) - Sale
Common Stock, par value $0.01 per share
[F1][F10][F2]2026-04-24$2.51/sh−12,199$30,666→ 4,704,880 total(indirect: Footnote) - Sale
Common Stock, par value $0.01 per share
[F1][F11][F2]2026-04-27$2.63/sh−136,165$358,046→ 4,568,715 total(indirect: Footnote)
Footnotes (11)
- [F1]All trades in this Form 4 were previously reported on Form 4 filings made by Corre Partners Management, LLC ("Corre") on April 17, 2026, April 22, 2026 and April 27, 2026. The Reporting Person is filing this Form 4 as a result of the Reporting Person subsequently receiving CIK codes.
- [F10]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $2.50 to $2.54. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F11]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $2.52 to $2.7099. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F2]The reported securities are directly owned by advisory clients of Corre. The reported securities may be deemed beneficially owned by the Reporting Person, the managing member of Corre. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein, and this report shall not be deemed to be an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $2.00 to $2.17. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $2.015 to $2.105. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F5]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $2.04 to $2.445. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F6]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $2.20 to $2.3066. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F7]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $2.17 to $2.29. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F8]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $2.2050 to $2.38. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F9]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $2.49 to $2.88. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
Signature
/s/ John Barrett|2026-04-29