NN Inc (NASDAQ: NNBR) sees Legion line up sales after $3.85M August trades
Rhea-AI Filing Summary
Legion-affiliated investment funds filed a Form 144 notice for potential sales of 129,893 shares of NNBR common stock through broker Tourmaline Partners, with NNBR shares listed on NASDAQ. Shares outstanding were 82,580,864 as of the filing context; this is a baseline figure, not the amount being sold.
The filing also lists prior open market purchases in 2018, 2019, and 2022, and recent open market sales in August 2026 by several Legion entities. These 2026 sales ranged from 24,716 to 986,306 shares per transaction, with corresponding proceeds up to about $3.85 million.
Positive
- None.
Negative
- None.
Key Figures
Shares proposed for sale: 129,893 shares
Shares outstanding: 82,580,864 shares
Sale 1 – Legion Partners Special Opportunities, L.P. XI: 370,001 shares; $1,442,152.90
+5 more
8 metrics
Shares proposed for sale
129,893 shares
Common stock covered by the Form 144 notice
Shares outstanding
82,580,864 shares
NNBR common stock outstanding as referenced in the Form 144
Sale 1 – Legion Partners Special Opportunities, L.P. XI
370,001 shares; $1,442,152.90
Common stock sold on 08/06/2026
Sale 2 – Legion Partners, L.P. I
24,716 shares; $96,335.55
Common stock sold on 08/06/2026
Sale 3 – Legion Partners, L.P. II
37,661 shares; $146,791.28
Common stock sold on 08/06/2026
Largest single recent sale
986,306 shares; $3,850,037.43
Common stock sold by Legion Partners, L.P. I on 08/14/2026
Additional Legion Partners, L.P. II sale
100,892 shares; $393,831.10
Common stock sold on 08/14/2026
Additional Legion Special Opportunities sale
137,808 shares; $537,932.40
Common stock sold on 08/14/2026
Key Terms
Form 144, Open Market Purchase, restricted or control securities, selling security holders, +1 more
5 terms
Form 144 regulatory
"filed a Form 144 notice for potential sales of 129,893 shares"
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 | 10/08/2018 | 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.
restricted or control securities regulatory
"disposition of restricted or control securities, not a guarantee"
selling security holders regulatory
"Named selling security holders include Legion Partners Special"
common stock financial
"Common Stock | 08/06/2026 | 370001 | 1442152.90"
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 latest Form 144 filing disclose about planned stock sales?
The Form 144 filing discloses a potential sale of up to 129,893 shares of NNBR common stock through broker Tourmaline Partners. This is a notice of proposed disposition of restricted or control securities, not a guarantee that all shares will be sold.
Which entities associated with NNBR are named as sellers in the Form 144?
Named selling security holders include Legion Partners Special Opportunities, L.P. XI, Legion Partners, L.P. I, and Legion Partners, L.P. II. These entities reported prior common stock sales and are associated with the potential disposition covered by the Form 144.
What recent NNBR stock sales by Legion entities are reported around August 2026?
On August 6, 2026, Legion entities sold 370,001, 24,716, and 37,661 NNBR shares in separate transactions. On August 14, 2026, they sold 986,306, 100,892, and 137,808 shares, with transaction values up to about $3.85 million.
What were the historical NNBR stock acquisition methods listed in this Form 144?
The filing lists prior Open Market Purchase transactions of NNBR common stock on 10/08/2018, 02/07/2019, and 08/25/2022. These purchases were made for cash in the open market and are part of the historical acquisition record for the reporting holders.
AI-generated analysis. How Rhea-AI works. Not financial advice.