Bevis Harold C 4
4 · NN INC · Filed May 27, 2026
Research Summary
AI-generated summary of this filing
NNBR CEO Harold C. Bevis Surrenders 130,312 Shares for Taxes
What Happened
- Harold C. Bevis, President, CEO and a Director of NN Inc (NNBR), had 130,312 shares disposed on 2026-05-22 as a tax-withholding transaction related to the vesting of restricted stock. The withholding price was $2.45 per share for a total value of about $319,264. This was a share withholding to cover tax liability on RSU vesting — a routine administrative transaction, not an open-market sale.
Key Details
- Transaction date: 2026-05-22; filing date (Form 4): 2026-05-27.
- Price per share: $2.45; total value of shares withheld: ~$319,264.
- Nature of transaction: Tax withholding on vesting of restricted stock (code F; footnote F1: shares withheld by the issuer to cover taxes).
- Shares owned after transaction: Not specified in the provided excerpt — see the full Form 4 on EDGAR for updated beneficial ownership.
- Timeliness: Form filed on 2026-05-27. (Check the EDGAR filing for any timeliness flag.)
Context
- Share withholding to cover taxes on vested RSUs is common and administrative — it reduces the insider's reported share count but is not the same as a sale into the market and typically does not signal a change in the insider's view of the company.
Insider Transaction Report
Form 4
NN INCNNBR
Bevis Harold C
DirectorPresident and CEO
Transactions
- Tax Payment
Common Stock
[F1]2026-05-22$2.45/sh−130,312$319,264→ 1,201,738 total
Footnotes (1)
- [F1]Represents the number of shares withheld by the Issuer to cover taxes relating to the vesting of restricted stock.
Signature
/s/ Stacy Naessens, Attorney-in-Fact|2026-05-27