STATHAM JAMI 4
4 · NN INC · Filed Mar 20, 2026
Research Summary
AI-generated summary of this filing
NN Inc SVP Jami Statham Receives 80,623-Share Award
What Happened
Jami Statham, SVP and General Counsel of NN Inc (NNBR), was granted 80,623 restricted shares on 2026-03-18 (reported on Form 4 filed 2026-03-20). The award is shown at $0.00 per share (an equity grant rather than a cash purchase). Simultaneously, 4,395 shares were withheld to satisfy tax-withholding obligations at $1.23 per share, resulting in proceeds of $5,406 reported as a disposition.
Key Details
- Transaction dates: 2026-03-18 (reported 2026-03-20). Filing appears timely (within the typical two-business-day Form 4 window).
- Grant: 80,623 restricted shares acquired (Code A) at $0.00 per share.
- Tax withholding: 4,395 shares disposed (Code F) at $1.23 per share for $5,406 total.
- Shares owned after the transactions: not specified in the provided filing details.
- Footnotes: F1 — restricted stock vests in three equal annual installments beginning March 18, 2027. F2 — shares withheld to satisfy withholding tax obligations on vesting.
- Transaction codes: A = award/grant; F = shares withheld for taxes.
Context: This was an equity compensation award (restricted stock) rather than an open-market purchase or sale. The $0.00 grant price reflects an issuance of restricted shares; withheld shares to cover taxes are routine and do not necessarily indicate any change in the insider’s market view.
Insider Transaction Report
- Award
Common Stock
[F1]2026-03-18+80,623→ 133,876 total - Tax Payment
Common Stock
[F2]2026-03-18$1.23/sh−4,395$5,406→ 129,481 total
Footnotes (2)
- [F1]Represents restricted stock which vests in three equal annual installments beginning on March 18, 2027.
- [F2]Represents shares withheld to satisfy withholding tax obligations upon the vesting of restricted stock.