STOCK TITAN

NN Inc: Former director affiliate lists 1M shares for sale

Legion-managed entities purchased the shares between October 8, 2018, and September 19, 2023.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

NN Inc (NNBR) is named as the issuer for proposed common-stock sales for the account of Legion Partners Asset Management, LLC, identified as an affiliate of a former director. The listed amounts are 1,000,000 shares through Jonestrading and 569,738 shares through Tourmaline Partners, each with an approximate sale date of September 23, 2026. Their reported aggregate market values are $3,370,000 and $1,920,017, respectively, as of September 22, 2026.

NN Inc had 82,580,446 shares outstanding as of August 25, 2026. Legion-managed entities purchased the shares between October 8, 2018, and September 19, 2023.

Positive

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Common shares listed for sale through Jonestrading 1,000,000 shares Approximate sale date September 23, 2026
Aggregate market value through Jonestrading $3,370,000 As of September 22, 2026
Common shares listed for sale through Tourmaline Partners 569,738 shares Approximate sale date September 23, 2026
Aggregate market value through Tourmaline Partners $1,920,017 As of September 22, 2026
Shares outstanding 82,580,446 shares As of August 25, 2026
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144"
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 Market Value financial
"The Aggregate Market Value is as of the close of business"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
Open Market Purchase financial
"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.
securities outstanding financial
"The number of securities outstanding is as of"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many NNBR shares are listed for proposed sale?

The listed amounts are 1,000,000 common shares through Jonestrading and 569,738 through Tourmaline Partners, each with an approximate sale date of September 23, 2026. Their stated aggregate market values are $3,370,000 and $1,920,017, respectively, as of September 22, 2026.

When did Legion-managed entities purchase the NNBR shares?

Legion-managed entities purchased the shares between October 8, 2018, and September 19, 2023.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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