NN Inc executive reports initial share holdings
NN Inc executive Robert James Esch, President & CTO of Machined Products, reported his initial ownership in a Form 3.
Rhea-AI Filing Summary
NN Inc executive Robert James Esch, President & CTO of Machined Products, reported his initial ownership in a Form 3. He directly holds 67,978 shares of common stock, including 40,042 restricted stock units. These RSUs vest in tranches between March 2027 and March 2030.
He also holds several employee stock options to buy common stock, including 3,800 shares at an exercise price of $9.44 expiring in February 2030, 3,800 shares at $7.93 expiring in March 2029, 1,200 shares at $24.55 expiring in March 2028, and 1,000 shares at $24.20 expiring in March 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Esch Robert James
Role
Pres. & CTO, Machined Products
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Employee Stock Option (right to buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Employee Stock Option (right to buy) — 9,800 contracts (Direct);
Common Stock — 67,978 shares (Direct)
Footnotes (2)
- F1. Includes 40,042 restricted stock units ("RSUs"). 2,390 RSUs will vest on March 19, 2027, 7,842 RSUs will vest in two equal annual installments beginning on March 18, 2027, and 29,810 RSUs will vest in three equal annual installments beginning on March 18, 2027
- F2. Fully vested.
Key Figures
Direct common shares: 67,978 shares
Restricted stock units: 40,042 RSUs
RSUs vesting 3/19/2027: 2,390 RSUs
+4 more
7 metrics
Direct common shares
67,978 shares
Total common stock directly owned after Form 3
Restricted stock units
40,042 RSUs
Included within direct holdings, vesting from March 2027
RSUs vesting 3/19/2027
2,390 RSUs
Single vesting date on March 19, 2027
Option at $9.44
3,800 underlying shares
Employee stock option, exercise price $9.44, expires Feb 18, 2030
Option at $7.93
3,800 underlying shares
Employee stock option, exercise price $7.93, expires Mar 14, 2029
Option at $24.55
1,200 underlying shares
Employee stock option, exercise price $24.55, expires Mar 14, 2028
Option at $24.20
1,000 underlying shares
Employee stock option, exercise price $24.20, expires Mar 17, 2027
Key Terms
restricted stock units ("RSUs"), Employee Stock Option (right to buy), fully vested, underlying security shares
4 terms
restricted stock units ("RSUs") financial
"Includes 40,042 restricted stock units ("RSUs"). 2,390 RSUs will vest on March 19, 2027..."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Employee Stock Option (right to buy) financial
"security_title: "Employee Stock Option (right to buy)" with underlying Common Stock..."
fully vested financial
"Fully vested."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did NNBR executive Robert Esch report in this Form 3?
Robert James Esch reported his initial ownership in NN Inc common stock and options. He directly holds 67,978 common shares, plus multiple employee stock options and 40,042 restricted stock units that will vest over several years starting in March 2027.
What restricted stock units (RSUs) were disclosed for NNBR’s Robert Esch?
Esch holds 40,042 restricted stock units. 2,390 RSUs vest on March 19, 2027, 7,842 vest in two equal annual installments beginning March 18, 2027, and 29,810 vest in three equal annual installments beginning March 18, 2027, aligning incentives with long-term service.
What stock options does NNBR executive Robert Esch hold?
He holds several employee stock options to buy NN Inc common stock: 3,800 shares at $9.44 expiring in 2030, 3,800 at $7.93 expiring in 2029, 1,200 at $24.55 expiring in 2028, and 1,000 at $24.20 expiring in 2027, all directly owned.
Are Robert Esch’s NNBR stock options already vested?
One option grant is described as fully vested in the footnotes. This means the rights under that particular employee stock option are no longer subject to service-based vesting conditions, although exercise prices and expiration dates still govern when shares can be purchased.
AI-generated analysis. How Rhea-AI works. Not financial advice.
