NN Inc (NNBR) investor reports 6.4% stake as director resigns from board
Rhea-AI Filing Summary
Investment entities and individuals associated with Legion Partners report beneficial ownership of 4,998,147 shares of NN Inc common stock, representing 6.4% of the class. The group reports only shared voting and shared dispositive power over these shares, with no sole authority.
The amendment also reports that on July 20, 2026, Raymond T. White resigned as a member of NN Inc’s board of directors, effective immediately. White, along with other Legion-related reporting persons, is listed as beneficially owning 4,998,147 shares with shared voting and dispositive power.
Positive
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Negative
- None.
Key Figures
Beneficial ownership (Legion-related group): 4,998,147 shares
Percent of class (Legion-related group): 6.4%
Legion Partners, L.P. I holdings: 3,733,515 shares
+4 more
7 metrics
Beneficial ownership (Legion-related group)
4,998,147 shares
Shares of NN Inc common stock beneficially owned; percent of class 6.4%
Percent of class (Legion-related group)
6.4%
Percent of NN Inc common stock class represented by 4,998,147 shares
Legion Partners, L.P. I holdings
3,733,515 shares
Beneficially owned NN Inc shares; 4.8% of common stock class
Legion Partners, L.P. holdings
406,049 shares
Beneficially owned NN Inc shares; 0.5% of common stock class
Legion Partners Special Opportunities holdings
858,283 shares
Beneficially owned NN Inc shares; 1.1% of common stock class
Par value per share
$0.01 per share
Par value of NN Inc common stock covered by the report
Event date
July 20, 2026
Date Raymond T. White resigned from NN Inc’s board, effective immediately
Key Terms
Schedule 13D, beneficially owned, shared voting power, shared dispositive power, +2 more
6 terms
Schedule 13D regulatory
"If the filing person has previously filed a statement on Schedule 13G"
A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.
beneficially owned financial
"Aggregate amount beneficially owned by each reporting person 4,998,147.00"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
par value financial
"Common Stock, par value $0.01 per share"
Par value is the fixed amount printed on a bond or stock that represents its original value when issued. It’s like the face value of a coin or bill—what the issuer promises to pay back or the starting price of a stock—though it often doesn’t change with market prices. It matters because it helps determine certain financial details, like how much the company will pay back at maturity.
investment advisor financial
"Managing Director of Legion Partners Asset Management, LLC, its Investment Advisor"
An investment advisor is a person or firm that provides personalized guidance on buying, selling and managing investments and often oversees client portfolios for a fee. For investors this matters because the advisor shapes risk, costs and long-term returns, and is typically required by law to act in the client’s best interests — think of them as a financial coach or GPS that helps navigate choices and avoid costly detours.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What ownership stake in NNBR does Legion Partners report in this Schedule 13D/A?
Legion-related reporting persons collectively report beneficial ownership of 4,998,147 NN Inc shares, representing 6.4% of the outstanding common stock. This stake is held with shared voting and shared dispositive power, and no sole authority is reported.
Which NNBR board change is disclosed in this Schedule 13D/A amendment?
The amendment reports that Raymond T. White resigned from NN Inc’s board on July 20, 2026, effective immediately. His resignation is noted under the purpose of transaction section, alongside the updated Legion-related ownership information.
What are the reported holdings of Legion Partners Special Opportunities, L.P. in NNBR?
Legion Partners Special Opportunities, L.P. reports 858,283 NN Inc shares beneficially owned, representing 1.1% of the common stock. These shares are reported with shared voting power and shared dispositive power, and no sole voting or dispositive power is listed.
What class of NNBR securities is covered and what is its par value?
The report covers NN Inc’s common stock with a par value of $0.01 per share. All reported ownership percentages and share amounts relate specifically to this class of common stock issued by NN Inc.