NN Inc CFO has 9,205 shares withheld for taxes
NN Inc. SVP and CFO Christopher H. Bohnert reported a tax-related share disposition under the company’s equity plan.
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Rhea-AI Filing Summary
NN Inc. SVP and CFO Christopher H. Bohnert reported a tax-related share disposition under the company’s equity plan. On this Form 4, 9,205 shares of common stock were withheld by the company at a value of $2.68 per share to cover taxes arising from the vesting of restricted stock, rather than being sold in the open market. After this withholding, Bohnert directly holds 168,814 shares of NN Inc. common stock, indicating he continues to maintain a substantial equity position while satisfying his tax obligations.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 9,205 | $2.68 | $25K |
Footnotes (1)
- F1. Represents the number of shares withheld by the Issuer to cover taxes relating to the vesting of restricted stock.
Key Figures
Key Terms
restricted stock financial
tax-withholding disposition financial
Form 4 regulatory
FAQ
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What insider transaction did NN Inc (NNBR) report for CFO Christopher Bohnert?
What does a tax-withholding disposition mean in the NNBR CFO’s Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.