NN Inc HR executive gains stock via awards
NN Inc Senior VP of Human Resources Gail D. Nixon reported equity compensation transactions involving common stock and performance rights.
Rhea-AI Filing Summary
NN Inc Senior VP of Human Resources Gail D. Nixon reported equity compensation transactions involving common stock and performance rights. On March 18, 2026, Nixon was granted 53,726 shares of restricted stock that vest in three equal annual installments beginning on March 18, 2027. She also exercised performance rights to acquire 123,520 shares of common stock at a conversion price of $0.00 per share, reflecting previously granted PSUs tied to total shareholder return versus a custom S&P MicroCap Capital Goods Index for 2023-2025. To cover withholding taxes on the vesting of restricted stock and PSUs, the company withheld 42,427 shares at $1.23 per share on March 18 and 1,249 shares at $1.48 per share on March 19, 2026. After these compensation-related and tax-withholding entries, Nixon directly held 277,669 shares of NN Inc common stock.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,249 | $1.48 | $2K |
| Exercise | Performance Rights | 123,520 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 53,726 | $0.00 | $0.00 |
| Exercise | Common Stock | 123,520 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 42,427 | $1.23 | $52K |
Footnotes (4)
- F1. Represents restricted stock which vests in three equal annual installments beginning on March 18, 2027.
- F2. Each performance right ("PSU") represents a contingent right to receive one share of Common Stock of the Issuer.
- F3. Represents shares withheld to satisfy withholding tax obligations upon the vesting of restricted stock and PSUs.
- F4. For the PSUs granted in April 2023: Represents shares earned from a PSU award based on the Issuer's achievement of total TSR as compared to the TSR of a custom S&P "MicroCap" Capital Goods Index measured over 2023-2025.
FAQ
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What insider transactions did NNBR executive Gail D. Nixon report?
What are the terms of Gail D. Nixon’s new NNBR restricted stock grant?
How were NNBR performance rights (PSUs) used in Gail D. Nixon’s Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.