EDGAR·FLOW

NN INC — Form SCHEDULE 13D/A

Filed August 14, 2026 · analyzed by the Ownership Agent
SCHEDULE 13D/A ▼ Likely negative significance 58/100
What the filing says
Three Legion Partners entities (Legion Partners L.P. I, Legion Partners L.P. II, and Legion Partners Special Opportunities L.P. XI) sold a combined 1,225,006 shares of NN Inc common stock on August 14, 2026, at prices between $3.90 and $3.98 per share (weighted average ~$3.91), generating approximately $4.8M in proceeds. This represents a material divestment by a significant shareholder, reducing their collective position.
Why this rating

Sale of ~1.2M shares (~6.5% of ~18.5M shares outstanding) generates $4.8M (6.5% of $74.4M market cap), meaningful but not transformational. Indicates shareholder confidence decline or portfolio rebalancing.

View original filing on SEC.gov ↗ NNBR · stock on Yahoo Finance ↗

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