STOCK TITAN

NN Inc (NASDAQ: NNBR) CEO reports tax-withholding share disposition on vested stock

(High)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

NN, Inc. President and CEO Harold C. Bevis reported a routine tax-related share disposition. On the vesting of restricted stock, the issuer withheld 130,312 shares of common stock at $2.45 per share to cover tax obligations, classified as a tax-withholding disposition rather than an open-market sale. After this withholding, Bevis directly holds 1,201,738 shares of NN, Inc. common stock.

Positive

  • None.

Negative

  • None.

Insights

CEO’s Form 4 shows routine tax withholding on vested stock, not an open-market sale.

The filing reports that 130,312 shares of NN, Inc. common stock were withheld at $2.45 per share to cover taxes on restricted stock vesting. This is coded as an F-transaction, meaning it is a tax-withholding disposition, not a discretionary trade.

After the transaction, President and CEO Harold C. Bevis directly holds 1,201,738 shares, indicating a substantial remaining equity position. Because this event arises from equity compensation mechanics, it typically carries limited signaling value about management’s view of the stock.

Insider Bevis Harold C
Role President and CEO
Type Security Shares Price Value
Exercise Price or Tax Liability Common Stock 130,312 $2.45 $319K
Holdings After Transaction: Common Stock — 1,201,738 shares (Direct)
Footnotes (1)
  1. F1. Represents the number of shares withheld by the Issuer to cover taxes relating to the vesting of restricted stock.
Shares withheld for taxes 130,312 shares Tax-withholding disposition on restricted stock vesting
Withholding price per share $2.45 per share Value applied to shares withheld for tax liability
Shares held after transaction 1,201,738 shares Direct NN, Inc. common stock ownership by CEO after withholding
tax-withholding disposition financial
"classified as a tax-withholding disposition rather than an open-market sale"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
restricted stock financial
"to cover taxes relating to the vesting of restricted stock"
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.
Form 4 regulatory
"Harold C. Bevis reported on this Form 4"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
F-transaction regulatory
"This is coded as an F-transaction, meaning it is a tax-withholding disposition"

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

FAQ

What insider transaction did NNBR CEO Harold C. Bevis report on this Form 4?

Harold C. Bevis reported a tax-withholding disposition related to restricted stock vesting. The issuer withheld 130,312 NNBR common shares at $2.45 per share to cover tax obligations, rather than Bevis selling shares in the open market.

How many NNBR shares were withheld for taxes in the CEO’s latest Form 4?

The Form 4 shows 130,312 NNBR common shares were withheld to satisfy tax liabilities on vesting restricted stock. This F-coded transaction reflects payment of tax using shares, not a market sale initiated by the CEO on an exchange.

What is Harold C. Bevis’s NNBR shareholding after this tax-withholding transaction?

Following the tax-withholding disposition, Harold C. Bevis directly holds 1,201,738 shares of NN, Inc. common stock. This figure represents his remaining direct ownership after the issuer withheld shares to cover taxes on vested restricted stock awards.

Was the NNBR CEO’s Form 4 transaction a sale of shares on the open market?

No. The Form 4 describes a tax-withholding disposition, not an open-market sale. Shares were withheld by the issuer to pay taxes on restricted stock vesting, a common equity compensation practice that does not involve selling shares to public market buyers.

What price per share was used for the NNBR CEO’s tax-withholding shares?

The tax-withholding disposition used a price of $2.45 per share for 130,312 NNBR common shares. This price is used to determine the value of shares withheld to satisfy the tax liability arising from the vesting of restricted stock.
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*
Bevis Harold C

(Last)(First)(Middle)
6210 ARDREY KELL ROAD

(Street)
CHARLOTTE NORTH CAROLINA 28277

(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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
President and CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/22/2026
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 Stock05/22/2026F130,312(1)D$2.451,201,738D
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. Represents the number of shares withheld by the Issuer to cover taxes relating to the vesting of restricted stock.
/s/ Stacy Naessens, Attorney-in-Fact05/27/2026
** 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)