NN INC·4

May 27, 4:15 PM ET

Bevis Harold C 4

Research Summary

AI-generated summary

Updated

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.

Loading document...