Corre-affiliated funds trim NN Inc (NNBR) stake with 703,627-share sale
Rhea-AI Filing Summary
Entities affiliated with Corre Partners reported significant open-market sales of NN Inc (NNBR) common stock. Corre Opportunities Qualified Master Fund, LP and Corre Horizon Fund, LP, which are associated with Corre Partners Management, LLC and Corre Partners Advisors LLC, sold a total of 703,627 shares of common stock in open-market transactions on April 15–17, 2026.
The weighted average sale prices ranged from about $2.04 to $2.29 per share, with individual trades occurring within disclosed price ranges. After these sales, reported indirect holdings included 4,879,635 shares for one fund and 622,369 shares for the other, and the reporting persons disclaim beneficial ownership beyond their pecuniary interests.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $0.01 per share | 255,039 | $2.2939 | $585K |
| Sale | Common Stock, par value $0.01 per share | 93,122 | $2.2939 | $214K |
| Sale | Common Stock, par value $0.01 per share | 29,323 | $2.0411 | $60K |
| Sale | Common Stock, par value $0.01 per share | 10,707 | $2.0411 | $22K |
| Sale | Common Stock, par value $0.01 per share | 231,067 | $2.0563 | $475K |
| Sale | Common Stock, par value $0.01 per share | 84,369 | $2.0563 | $173K |
Footnotes (5)
- F1. 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.
- F2. 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.
- F3. 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.
- F4. The reported securities are directly owned by Corre Opportunities Qualified Master Fund, LP (the "Qualified Master Fund"). The reported securities may be deemed beneficially owned by Corre Partners Management, LLC ("Corre"), the investment manager of the Qualified Master Fund, Corre Partners Advisors, LLC ("Corre GP"), the general partner of the Qualified Master Fund, and John Barrett, the managing member of Corre and Corre GP, each a Reporting Person. Each 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 any 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.
- F5. The reported securities are directly owned by Corre Horizon Fund, LP (the "Partnership"). The reported securities may be deemed beneficially owned by Corre, the investment manager of the Partnership, Corre GP, the general partner of the Partnership, and John Barrett, the managing member of Corre and Corre GP, each a Reporting Person. Each 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 any 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.
Key Figures
Key Terms
open-market sale financial
ten percent owner regulatory
weighted average price financial
beneficial ownership regulatory
indirect ownership regulatory
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