NN INC·4

Mar 20, 4:30 PM ET

STATHAM JAMI 4

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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.

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