Nn Inc (NNBR) — Who Owns This Stock? 13F Breakdown (Q2 2026)

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NN, Inc. (NNBR) reported on July 29 that it signed a letter agreement with Legion Partners Asset Management and related parties, modifying the cooperation agreement originally dated January 16, 2026. Under the letter agreement, the company will accelerate the vesting of 49,079 restricted shares awarded to director Raymond T. White, and Legion has irrevocably waived its replacement rights under Section 1(f) of the cooperation agreement. This 8-K is a routine disclosure of a material agreement.

On July 23, 2026, NN, Inc. (ticker NNBR) granted performance share units (PSUs) to three top executives under its amended stock incentive plan. CEO Harold Bevis received 250,000 PSUs, COO Tim French got 140,000, and CFO Chris Bohnert got 110,000. Vesting depends on the company's cumulative adjusted EBITDA, free cash flow, net sales (each weighted 25%) and total shareholder return versus peers over the three years from 2026 through 2028. Payouts can range from 0% to 200% of the target number based on actual performance.

On July 20, 2026, Raymond T. White resigned from the board of directors of NN, Inc., effective immediately. His resignation was not due to any disagreement with the company over its operations, policies, or practices.

NN, Inc. (NNBR) entered into a securities purchase agreement on June 30, 2026, to sell about 24.5 million shares of common stock at $3.06 each in a private placement, raising $75 million. The deal is expected to close on July 2, 2026. The company also signed a registration rights agreement, committing to file a resale registration statement with the SEC within 45 days.