secwatch.observer — SEC 8-K summary
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Issuer:     NN INC (NNBR)
CIK:        0000918541
Form:       8-K
Filed at:   2026-07-24T20:13:11+00:00
Accession:  0000918541-26-000054
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NN, Inc. grants 500,000 PSUs to CEO, COO, and CFO under 2026-2028 performance metrics
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/918541/000091854126000054/0000918541-26-000054-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/918541/000091854126000054/nnbr-20260723.htm
  HTML page:      https://secwatch.observer/filing/0000918541-26-000054

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer