NN Inc. Form 4: CFO Nets 178k Shares After Tax-Related Withholding
Rhea-AI Filing Summary
Key Form 4 take-aways
On 25-Jun-2025 NN Inc. (NNBR) reported insider activity by its Senior Vice President & Chief Financial Officer, Christopher H. Bohnert. The filing shows the vesting of 37,800 restricted stock units. To cover associated payroll taxes, the issuer withheld 10,981 common shares at an indicated value of $1.95 per share (Transaction Code F). After the automatic withholding, Bohnert directly owns 178,019 NNBR shares. No open-market sales, option exercises, or new derivative positions were reported.
The transaction is routine and driven by tax compliance rather than discretionary selling, so it carries minimal fundamental or signaling impact for investors.
Positive
- None.
Negative
- None.
Insights
TL;DR — Routine tax-withholding, no discretionary sale; neutral insider signal.
The sole transaction was Code F, meaning shares were surrendered solely to satisfy withholding taxes upon vesting of restricted stock. Because the shares never hit the open market and the executive still retains a sizable stake of 178,019 shares, the filing neither suggests bullish nor bearish sentiment. No derivatives, options, or opportunistic trades were disclosed, and there is no impact on NN Inc.’s capital structure or cash flows. Consequently, the event is administratively routine and unlikely to influence valuation or trading momentum.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 10,981 | $1.95 | $21K |
Footnotes (1)
- F1. NN, Inc. (the "Issuer") withheld 10,981 shares from the Reporting Person to cover taxes relating to the vesting of 37,800 shares of restricted stock.
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