Legion Partners (NNBR) plans NNBR share sales through Jonestrading and Tourmaline
Rhea-AI Filing Summary
Legion Partners-affiliated funds filed to sell shares of NNBR common stock under Rule 144. Planned sales include 500,000 shares of common stock through Jonestrading and 725,006 shares through Tourmaline Partners, both listed with NASDAQ as the market and an approximate sale date of August 14, 2026. The filing also lists prior open market purchase dates and share amounts, plus recent sales on August 6, 2026 by three Legion entities with specified share counts and dollar values.
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Key Figures
Planned shares via Jonestrading: 500000 shares
Planned value via Jonestrading: $1,805,000.00
Planned shares via Tourmaline Partners: 725006 shares
+4 more
7 metrics
Planned shares via Jonestrading
500000 shares
NNBR common stock associated with Jonestrading, approximate sale date 08/14/2026
Planned value via Jonestrading
$1,805,000.00
Aggregate value linked to 500,000 shares through Jonestrading
Planned shares via Tourmaline Partners
725006 shares
NNBR common stock associated with Tourmaline Partners, approximate sale date 08/14/2026
Planned value via Tourmaline Partners
$2,617,272.00
Aggregate value linked to 725,006 shares through Tourmaline Partners
Recent sale by L.P. XI
370001 shares; $1,442,152.90
Legion Partners Special Opportunities, L.P. XI sale on 08/06/2026
Recent sale by Legion Partners, L.P. I
24716 shares; $96,335.55
Legion Partners, L.P. I sale of NNBR common stock on 08/06/2026
Recent sale by Legion Partners, L.P. II
37661 shares; $146,791.28
Legion Partners, L.P. II sale of NNBR common stock on 08/06/2026
Key Terms
Form 144, Open Market Purchase, Rule 144, aggregate value, +1 more
5 terms
Form 144 regulatory
"Filer Information | | | 144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Open Market Purchase financial
"Common Stock | 09/20/2018 | Open Market Purchase | Open Market Purchase"
An open market purchase is when a company buys its own shares on public stock exchanges the same way any investor would, rather than through a private deal. Investors care because these purchases reduce the number of shares available, can boost earnings per share and share price, signal that management thinks the stock is undervalued, and use company cash that might otherwise go to reinvestment or dividends — like a business quietly buying back its own tickets at the box office.
Rule 144 regulatory
"144: Securities Information Common Stock ... 144: Securities To Be Sold"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
aggregate value financial
"370001 | 1442152.90 Legion Partners, L.P. I ... 24716 | 96335.55"
common stock financial
"Common Stock | Jonestrading ... NASDAQ Common Stock | Tourmaline Partners"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What does NNBR’s Form 144 filing by Legion Partners disclose?
The filing shows Legion Partners entities planning Rule 144 sales of NNBR common stock, including 500,000 shares via Jonestrading and 725,006 shares via Tourmaline Partners, along with details of prior purchases and recent stock sales.
Which recent NNBR stock sales by Legion entities are disclosed in the Form 144?
Listed recent sales on August 6, 2026 include 370,001 shares for $1,442,152.90 by Legion Partners Special Opportunities, L.P. XI, plus smaller common stock sales by Legion Partners, L.P. I and II with their own share counts and dollar amounts.
What prior NNBR stock acquisitions are referenced in the Form 144?
The filing references NNBR common stock acquired in open market purchases on September 20, 2018, February 7, 2019, and August 25, 2022, with listed share amounts such as 986,306, 137,808, and 100,892 shares, all acquired for cash.
AI-generated analysis. How Rhea-AI works. Not financial advice.