Barrett John Frederick 4

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.