NN Inc (NASDAQ: NNBR) awards 6,600 restricted shares to division CTO
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Esch Robert James reported acquisition or exercise transactions in this Form 4 filing.
NN Inc. insider receives restricted stock grant
NN Inc. officer Robert James Esch, President & CTO of Machined Products, received a grant of 6,600 shares of common stock as reported on a Form 4. These are restricted shares that vest in three equal annual installments beginning on June 8, 2027.
After this award, Esch directly owns 74,578 shares of NN Inc. common stock. This is a compensation-related equity grant rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Esch Robert James
Role
Pres. & CTO, Machined Products
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,600 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 74,578 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock grant: 6,600 shares
Post-transaction holdings: 74,578 shares
Grant price: $0.00 per share
+1 more
4 metrics
Restricted stock grant
6,600 shares
Grant of common stock to officer Robert James Esch
Post-transaction holdings
74,578 shares
Total NN Inc common shares held directly after the grant
Grant price
$0.00 per share
Reported transaction price for the restricted stock award
Vesting start date
June 8, 2027
Restricted stock vests in three equal annual installments beginning on this date
Key Terms
restricted stock, vests in three equal annual installments, Grant, award, or other acquisition, Common Stock
4 terms
restricted stock financial
"Represents restricted stock which vests in three equal annual installments"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
vests in three equal annual installments financial
"restricted stock which vests in three equal annual installments beginning on June 8, 2027"
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
Common Stock financial
""security_title": "Common Stock""
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 insider transaction did NN Inc (NNBR) report for Robert James Esch?
NN Inc reported that officer Robert James Esch received a grant of 6,600 shares of common stock. The award is classified as a grant or other acquisition, not an open-market trade, and increases his directly held position in the company.
Was the NNBR insider transaction a market purchase or sale?
The NNBR insider transaction was not a market purchase or sale. It is coded as an acquisition by grant or award, with a reported price per share of $0.00, indicating compensation-related restricted stock instead of an open-market trade.
Who is the insider involved in the latest NNBR Form 4 filing?
The insider is Robert James Esch, an officer of NN Inc serving as President & CTO of Machined Products. The Form 4 shows he received a 6,600-share restricted stock grant that vests over three years starting June 8, 2027.