---
schema_version: "secwatch.filing_event.v1"
accession: "0000918541-23-000126"
form_type: "8-K"
ticker: "NNBR"
cik: "0000918541"
company_name: "NN INC"
filed_at: "2023-08-10T23:59:59+00:00"
generated_at: "2026-06-11T21:03:46.452257+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# NN Inc. appoints Tim French as COO with base salary of $594K CAD and inducement equity grants

## Summary
- Tim French appointed SVP and COO effective August 10, 2023; reports to CEO Harold Bevis.
- Annual base salary of $594,000 CAD; one-time signing bonus of $37,000 CAD; target annual incentive of 50% of salary.
- Received inducement equity: 330,000 time-vesting RSUs (5-year ratable vest) and 560,000 performance-vesting PSUs tied to stock price milestones starting at $4.00.
- No further equity grants expected until 2028; PSUs cap at $11.00 stock price over five-year performance period.

## SEC filing metadata
- accession: 0000918541-23-000126
- form_type: 8-K
- ticker: NNBR
- cik: 0000918541
- company_name: NN INC
- filed_at: 2023-08-10T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/918541/000091854123000126/0000918541-23-000126-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/918541/000091854123000126/nnbr-20230808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000918541-23-000126
- JSON: https://secwatch.observer/filing/0000918541-23-000126.json
- Plain text: https://secwatch.observer/filing/0000918541-23-000126.txt

## Key facts
- Executive change
  Tim French was appointed as Chief Operating Officer at NN INC.
  - Action: appointed
  - Role: Chief Operating Officer
  source text: appointed Tim French as Chief Operating Officer, effective August 10, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/918541/000091854123000126/0000918541-23-000126-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.