Filing Analysis
Jami A. Statham has notified the company of her intention to step down as Senior Vice President, General Counsel, and Corporate Secretary, effective July 9, 2026. The company has entered into a Transition Agreement to ensure a smooth handover of duties.
📋 Key Facts
- Departure date is effective as of the close of business on July 9, 2026.
- The departure is not due to any disagreement with the company regarding operations, policies, or practices.
- The company will engage an external search firm to find a successor.
- A Transition Agreement dated June 11, 2026, provides for base salary, benefits, equity vesting, and a pro-rated 2026 bonus, contingent upon a release of claims.
NN, Inc. announced the voting results from its 2026 Annual Meeting of Stockholders held on May 20, 2026. Stockholders approved all proposals, including the election of eight directors, the ratification of Grant Thornton LLP as the independent auditor, and the Amended and Restated 2022 Omnibus Incentive Plan.
🚩 Red Flags
- Potential dilution of approximately 4% of outstanding shares resulting from the 2,000,000 share increase in the Amended 2022 Plan.
- Notably high levels of abstentions (exceeding 6.3 million shares) and broker non-votes (13.59 million shares) across several proposals.
📋 Key Facts
- Stockholders approved the Amended and Restated 2022 Omnibus Incentive Plan, which increases the common stock reserved for issuance by 2,000,000 shares.
- A total of 50,190,124 shares of common stock were outstanding and entitled to vote as of the March 23, 2026 record date.
- Eight directors were elected to serve one-year terms, with votes 'For' ranging from approximately 20.2 million to 26.5 million.
- Grant Thornton LLP was ratified as the independent registered public accounting firm for the fiscal year ending December 31, 2026, with 34,443,464 votes 'For'.
NN, Inc. released an updated investor presentation for use at the ROTH virtual roadshow on May 11, 2026. The presentation was made available on the company's investor relations website and included as an exhibit in the filing.
📋 Key Facts
- The filing was made on May 11, 2026, under Item 7.01 Regulation FD Disclosure.
- The company updated its investor presentation for a ROTH virtual roadshow scheduled for the same day.
- The presentation is included as Exhibit 99.1 to the Current Report.
- The disclosure is furnished and not deemed 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934.
NN, Inc. announced its financial results for the first quarter ended March 31, 2026, and provided a supplemental investor presentation. The company scheduled a conference call for May 7, 2026, to discuss these results with the investment community.
📋 Key Facts
- Financial results for the quarter ended March 31, 2026, were released on May 6, 2026.
- The company furnished a press release as Exhibit 99.1.
- A supplemental investor presentation was posted to the company's website and furnished as Exhibit 99.2.
- An investor conference call is scheduled for May 7, 2026, at 9:00 a.m. ET.
NN, Inc. announced preliminary financial results for the first quarter ended March 31, 2026, and raised its full-year 2026 guidance for new business wins. The company now expects new business wins to be in the range of $80 million to $90 million.
📋 Key Facts
- Preliminary net sales and new business wins reported for the quarter ended March 31, 2026.
- Increased 2026 new business wins guidance to a range of $80 to $90 million.
- The financial results for Q1 2026 are preliminary and subject to final closing procedures.
- The announcement was made via a press release on April 14, 2026.
NN, Inc. has updated its investor presentation for use at the 38th Annual ROTH Conference on March 23-24, 2026. The presentation was posted to the company's investor relations website and furnished as an exhibit to this filing.
📋 Key Facts
- The filing was made on March 23, 2026.
- The company is participating in the 38th Annual ROTH Conference.
- Exhibit 99.1 contains the updated Investor Presentation dated March 2026.
- The information is furnished under Item 7.01 and is not deemed 'filed' for Section 18 purposes.
NN, Inc. reported its financial results for the fourth quarter and full year ended December 31, 2025. The company also released a supplemental presentation for its upcoming investor conference call scheduled for March 5, 2026.
📋 Key Facts
- Financial results for the quarter and year ended December 31, 2025, were announced on March 4, 2026.
- A supplemental investor presentation was posted to the company's website and furnished as Exhibit 99.2.
- An investor conference call is scheduled for March 5, 2026, at 9:00 a.m. ET.
- The filing includes Item 2.02 (Results of Operations and Financial Condition) and Item 7.01 (Regulation FD Disclosure).