other material
confidence high
sentiment neutral
materiality 0.50
NN, Inc. grants 500,000 PSUs to CEO, COO, and CFO under 2026-2028 performance metrics
NN INC
- Harold Bevis (CEO) receives 250,000 PSUs; Tim French (COO) 140,000; Chris Bohnert (CFO) 110,000.
- PSUs vest based on four equally weighted metrics: cumulative adjusted EBITDA, free cash flow, net sales (2026-2028), and relative TSR vs. peers.
- Payout ranges from 0% to 200% of target; vesting requires continued service through certification date.
- Grant date July 23, 2026; performance period January 1, 2026 through July 22, 2029.