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.

Insider Trade Summary

Net Seller: 703,627 shares ($1,528,983)

Net Sell 6 txns

Insider Corre Partners Management, LLC, Corre Partners Advisors LLC, Corre Opportunities Qualified Master Fund, LP

Role 10% Owner | 10% Owner | 10% Owner

Sold 703,627 shs ($1.53M)

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

Holdings After Transaction: Common Stock, par value $0.01 per share — 4,879,635 shares (Indirect, Footnote)

Footnotes (1)

1. 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 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. 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

Total shares sold: 703,627 shares April 17 sale size (fund 1): 255,039 shares April 17 sale size (fund 2): 93,122 shares +3 more

6 metrics

Total shares sold 703,627 shares Aggregate open-market sales over April 15–17, 2026

April 17 sale size (fund 1) 255,039 shares Common stock sold on April 17, 2026 at $2.2939

April 17 sale size (fund 2) 93,122 shares Common stock sold on April 17, 2026 at $2.2939

Holding after April 17 (fund 1) 4,879,635 shares Indirectly held following latest reported sale

Holding after April 17 (fund 2) 622,369 shares Indirectly held following latest reported sale

Weighted average sale price example $2.2939 per share Reported for April 17, 2026 common stock sales

Key Terms

open-market sale, ten percent owner, weighted average price, beneficial ownership, +1 more

5 terms

open-market sale financial

"transaction_action":"open-market sale"

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.

ten percent owner regulatory

""is_ten_percent_owner": 1"

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.

beneficial ownership regulatory

"may be deemed beneficially owned by Corre Partners Management, LLC"

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.

indirect ownership regulatory

""ownership_type": "indirect""

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

Corre Partners Management, LLC

(Last) (First) (Middle)

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)

	Director	X	10% 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)

	Form filed by One Reporting Person
X	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)
			Code	V	Amount	(A) or (D)	Price
Common Stock, par value $0.01 per share	04/15/2026		S		231,067	D	$2.0563(1)	5,163,997	I	Footnote(4)
Common Stock, par value $0.01 per share	04/15/2026		S		84,369	D	$2.0563(1)	726,198	I	Footnote(5)
Common Stock, par value $0.01 per share	04/16/2026		S		29,323	D	$2.0411(2)	5,134,674	I	Footnote(4)
Common Stock, par value $0.01 per share	04/16/2026		S		10,707	D	$2.0411(2)	715,491	I	Footnote(5)
Common Stock, par value $0.01 per share	04/17/2026		S		255,039	D	$2.2939(3)	4,879,635	I	Footnote(4)
Common Stock, par value $0.01 per share	04/17/2026		S		93,122	D	$2.2939(3)	622,369	I	Footnote(5)

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person^*

Corre Partners Management, LLC

(Last) (First) (Middle)

12 EAST 49TH STREET 40TH FLOOR

(Street)

NEW YORK NEW YORK 10017

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Corre Partners Advisors LLC

(Last) (First) (Middle)

12 EAST 49TH STREET 40TH FLOOR

(Street)

NEW YORK NEW YORK 10017

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Corre Opportunities Qualified Master Fund, LP

(Last) (First) (Middle)

12 EAST 49TH STREET 40TH FLOOR

(Street)

NEW YORK NEW YORK 10017

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

Explanation of Responses:

1. 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.

2. 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.

3. 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.

4. 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.

5. 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.

Remarks:

John Barrett will be reported as a Reporting Person on a subsequent Form 4 made by Corre once CIK codes for John Barrett are received.

	Corre Partners Management, LLC, /s/ John Barrett, Managing Member	04/17/2026
	Corre Partners Advisors, LLC, /s/ John Barrett, Managing Member	04/17/2026
	Corre Opportunities Qualified Master Fund, LP, By: Corre Partners Advisors, LLC, its general partner, /s/ John Barrett, Managing Member	04/17/2026
	** Signature of Reporting Person	Date
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

What did Corre-related entities report in this NNBR Form 4 filing?

They reported open-market sales of NN Inc common stock. Affiliated funds sold 703,627 shares over April 15–17, 2026 at weighted average prices around $2.04–$2.29 per share, while continuing to hold substantial indirect positions afterward.

How many NN Inc (NNBR) shares were sold in these insider transactions?

Affiliated entities reported selling a total of 703,627 shares of NN Inc common stock. These disposals occurred over three trading days and are classified as open-market sales, according to the transaction code and transaction description provided.

At what prices were the NNBR shares sold by the Corre-related funds?

The reported weighted average sale prices were about $2.04 to $2.29 per share. Footnotes explain the shares were sold in multiple trades within price ranges such as $2.00–$2.17, $2.015–$2.105, and $2.04–$2.445 during the three trading days.

How many NN Inc shares remain held after these Form 4 sales?

After the reported sales, one affiliated fund held 4,879,635 shares and another held 622,369 shares of NN Inc common stock. These positions are reported as indirect holdings through the respective funds associated with the Corre investment entities.

Who actually owns the NNBR shares in this Form 4, and how is ownership described?

The shares are directly owned by Corre Opportunities Qualified Master Fund, LP and Corre Horizon Fund, LP. Corre Partners Management, LLC, Corre Partners Advisors LLC and John Barrett may be deemed beneficial owners but each disclaims beneficial ownership except to the extent of pecuniary interest.

Are the NNBR transactions by Corre entities considered open-market sales?

Yes. Each transaction is coded “S” and described as a sale in open market or private transaction. The provided data classifies the direction as “sell” and the action as “open-market sale” for all six reported trades in NN Inc common stock.