Business Context and Reporting Period
Company: NN, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: July 29, 2026
Reporting Period: Specific event date of July 29, 2026
This filing reports on a material definitive agreement amendment regarding a previously disclosed cooperation agreement with Legion Partners Asset Management, LLC and affiliates.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses on a corporate governance and contractual event rather than periodic financial performance.
Material Changes
- Acceleration of Equity Vesting: The Company agreed to accelerate the vesting of 49,079 shares of restricted stock awards granted to Raymond T. White, a director.
- Waiver of Replacement Rights: The Legion Parties irrevocably waived their replacement rights pursuant to Section 1(f) of the Cooperation Agreement dated January 16, 2026.
Guidance, Outlook, and Risks
The filing does not contain forward-looking guidance, management commentary on future operations, or specific risk factors beyond the context of the agreement amendment. The primary unusual item is the specific acceleration of director equity and the waiver of rights by the Legion Parties.
Investor Verification Checklist
- Verify the total number of shares of restricted stock awarded to Raymond T. White and the original vesting schedule prior to acceleration.
- Review the full text of the Cooperation Agreement (dated January 16, 2026) to understand the scope of the replacement rights waived by Legion Partners.
- Confirm the impact of the accelerated vesting on the Company's share count and potential dilution.
- Check for any related proxy statements or board resolutions approving the acceleration of the director's equity.