STOCK TITAN

NN Inc (NNBR) advisory clients sell 1.64M shares in open market

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

NN Inc reported a series of insider-related sales of its common stock tied to advisory clients of Corre Partners Management, LLC. Between April 15 and April 27, 2026, these clients sold a total of 1,636,916 shares in nine open-market transactions at reported prices generally around $2.04–$2.69 per share. After the final sale, the advisory clients held 4,568,715 shares of NN Inc common stock. The filing notes that the securities are directly owned by Corre’s advisory clients and may be deemed beneficially owned by John Frederick Barrett, the managing member of Corre, although he disclaims beneficial ownership beyond his pecuniary interest. The trades were previously reported on Forms 4 filed by Corre itself, and this Form 4 is being filed after Barrett obtained CIK codes. Reported prices are weighted averages of multiple trades within specified intraday price ranges.

Positive

  • None.

Negative

  • None.

Insights

Large indirect shareholder trims position via clients’ open-market sales.

The filing shows advisory clients of Corre Partners Management, LLC sold 1,636,916 shares of NN Inc common stock over several days in mid-to-late April 2026. All transactions were coded as open-market sales of non-derivative common shares.

Following these disposals, the clients held 4,568,715 shares, which may be deemed beneficially owned by managing member John Frederick Barrett, who disclaims ownership beyond his pecuniary interest. No derivative exercises were reported, so this reflects a straightforward cash sale rather than an option-related event.

The filing also notes these trades had already been reported on earlier Forms 4 by Corre and are now being cross-reported after Barrett received CIK codes. Price data are given as weighted averages across intraday ranges, and any finer breakdown would come from the seller upon request, as stated.

Insider Barrett John Frederick
Role null
Sold 1,636,916 shs ($3.93M)
Type Security Shares Price Value
Sale Common Stock, par value $0.01 per share 136,165 $2.6295 $358K
Sale Common Stock, par value $0.01 per share 12,199 $2.5138 $31K
Sale Common Stock, par value $0.01 per share 555,305 $2.6904 $1.49M
Sale Common Stock, par value $0.01 per share 94,380 $2.2978 $217K
Sale Common Stock, par value $0.01 per share 55,483 $2.2096 $123K
Sale Common Stock, par value $0.01 per share 79,757 $2.2423 $179K
Sale Common Stock, par value $0.01 per share 348,161 $2.2939 $799K
Sale Common Stock, par value $0.01 per share 40,030 $2.0411 $82K
Sale Common Stock, par value $0.01 per share 315,436 $2.0563 $649K
Holdings After Transaction: Common Stock, par value $0.01 per share — 4,568,715 shares (Indirect, Footnote)
Footnotes (1)
  1. All trades in this Form 4 were previously reported on Form 4 filings made by Corre Partners Management, LLC ("Corre") on April 17, 2026, April 22, 2026 and April 27, 2026. The Reporting Person is filing this Form 4 as a result of the Reporting Person subsequently receiving CIK codes. The reported securities are directly owned by advisory clients of Corre. The reported securities may be deemed beneficially owned by the Reporting Person, the managing member of Corre. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein, and this report shall not be deemed to be an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $2.00 to $2.17. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $2.015 to $2.105. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $2.04 to $2.445. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $2.20 to $2.3066. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $2.17 to $2.29. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $2.2050 to $2.38. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $2.49 to $2.88. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $2.50 to $2.54. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $2.52 to $2.7099. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
Total shares sold 1,636,916 shares Open-market sales of NN Inc common stock in April 2026
Shares held after sales 4,568,715 shares Advisory clients of Corre Partners Management, LLC post-transaction
Highest reported sale price $2.6904 per share Single reported transaction price for NN Inc common stock
Lowest reported sale price $2.0411 per share Single reported transaction price for NN Inc common stock
Largest single-day sale 555,305 shares Open-market sale on April 23, 2026
Earliest transaction date April 15, 2026 First reported open-market sale in this sequence
Latest transaction date April 27, 2026 Final reported open-market sale in this sequence
open-market sale financial
"transaction_action: "open-market sale" for each common stock transaction"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
pecuniary interest financial
"except to the extent of its pecuniary interest therein"
beneficial ownership financial
"may be deemed beneficially owned by the Reporting Person"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Section 16 regulatory
"for purposes of Section 16 of the Securities Exchange Act of 1934"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Barrett John Frederick

(Last)(First)(Middle)
C/O CORRE PARTNERS MANAGEMENT, LLC
12 EAST 49TH STREET, 40TH FLOOR

(Street)
NEW YORK NEW YORK 10017

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
NN INC [ NNBR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
DirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock, par value $0.01 per share04/15/2026S315,436(1)D$2.0563(3)5,890,195IFootnote(2)
Common Stock, par value $0.01 per share04/16/2026S40,030(1)D$2.0411(4)5,850,165IFootnote(2)
Common Stock, par value $0.01 per share04/17/2026S348,161(1)D$2.2939(5)5,502,004IFootnote(2)
Common Stock, par value $0.01 per share04/20/2026S79,757(1)D$2.2423(6)5,422,247IFootnote(2)
Common Stock, par value $0.01 per share04/21/2026S55,483(1)D$2.2096(7)5,366,764IFootnote(2)
Common Stock, par value $0.01 per share04/22/2026S94,380(1)D$2.2978(8)5,272,384IFootnote(2)
Common Stock, par value $0.01 per share04/23/2026S555,305(1)D$2.6904(9)4,717,079IFootnote(2)
Common Stock, par value $0.01 per share04/24/2026S12,199(1)D$2.5138(10)4,704,880IFootnote(2)
Common Stock, par value $0.01 per share04/27/2026S136,165(1)D$2.6295(11)4,568,715IFootnote(2)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. All trades in this Form 4 were previously reported on Form 4 filings made by Corre Partners Management, LLC ("Corre") on April 17, 2026, April 22, 2026 and April 27, 2026. The Reporting Person is filing this Form 4 as a result of the Reporting Person subsequently receiving CIK codes.
2. The reported securities are directly owned by advisory clients of Corre. The reported securities may be deemed beneficially owned by the Reporting Person, the managing member of Corre. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein, and this report shall not be deemed to be an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $2.00 to $2.17. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $2.015 to $2.105. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $2.04 to $2.445. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $2.20 to $2.3066. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $2.17 to $2.29. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $2.2050 to $2.38. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
9. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $2.49 to $2.88. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
10. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $2.50 to $2.54. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
11. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions within the range of $2.52 to $2.7099. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
/s/ John Barrett04/29/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

How many NNBR shares were sold in this Form 4 filing?

The filing reports that advisory clients of Corre Partners Management, LLC sold 1,636,916 shares of NN Inc common stock. These sales occurred across nine open-market transactions during mid-to-late April 2026, reducing the clients’ holdings but leaving a substantial indirect position remaining.

Over what dates did the NNBR open-market sales occur?

The open-market sales tied to NN Inc common stock occurred from April 15, 2026 through April 27, 2026. During this period, advisory clients of Corre Partners Management, LLC executed nine separate transactions, all reported as sales of non-derivative common shares.

What NNBR share price range is indicated in the Form 4?

Reported transaction prices for NN Inc common stock cluster around $2.04–$2.69 per share. Footnotes explain that the listed prices are weighted averages for multiple trades executed within specified intraday ranges, with detailed breakdowns available on request from the reporting persons.

Who is treated as the beneficial owner in this NNBR Form 4?

The securities are directly owned by advisory clients of Corre Partners Management, LLC. They may be deemed beneficially owned by John Frederick Barrett, Corre’s managing member, but he expressly disclaims beneficial ownership except to the extent of his pecuniary interest in those client accounts.

Were these NNBR trades already reported before this Form 4?

Yes. A footnote explains that all trades in this Form 4 were previously reported on Form 4 filings made by Corre Partners Management, LLC on April 17, April 22, and April 27, 2026. Barrett filed this additional Form 4 after subsequently receiving CIK codes.