STOCK TITAN

NN Inc (NASDAQ: NNBR) sees Legion line up sales after $3.85M August trades

(Neutral)
(Neutral)
Form Type
144

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.
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
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.

How many NNBR shares are outstanding in the context of this Form 144?

The filing lists 82,580,864 shares of NNBR common stock outstanding. This figure provides context for the relative size of the 129,893 shares covered by the Form 144 notice, which represents only a small portion of total shares.

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.

Who is the broker handling the NNBR shares referenced in the Form 144?

The broker identified is Tourmaline Partners, located at 680 Washington Blvd, 10th Floor, Stamford, CT 06901. The Form 144 associates Tourmaline Partners with the common stock proposed for sale on the NASDAQ market.

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