NN INC (NNBR): Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
NN INC (NNBR) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. nnbr-20260723 July 23, 2026 0000918541 false Charlotte North Carolina 0000918541 2026-07-23 2026-07-23 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934 Date of Re
How this was made
The 30-second read
Why it matters
The PSU structure ties vesting to cumulative adjusted EBITDA, free cash flow, net sales, and relative TSR over a 2026-2028 period, with a 0% to 200% payout range.
Market read
A routine executive compensation disclosure with multi-year performance targets; it is unlikely to drive near-term trading without accompanying operational or financial updates.
What to watch
Traders may watch for subsequent proxy disclosures (full plan and award agreement terms) and whether peer TSR comparator selection changes incentives, though this 8-K alone is not a catalyst.
Background
NN, Inc. filed an 8-K (Item 5.02) describing performance share unit grants approved by the board and compensation committee on July 23, 2026.
Ticker impact
NN, Inc. granted performance share units to CEO Harold Bevis, COO Tim French, and CFO Chris Bohnert, with payouts tied to 2026-2028 EBITDA, FCF, net sales, and TSR.
Limited immediate price impact; any effect is likely indirect via sentiment around incentive design rather than fundamentals.
The filing discloses PSU grant quantities and performance conditions (0% to 200% payout) but provides no new financial guidance, operational change, or transaction.
Market effects
No direct sector read-across; compensation plan details are company-specific.
None indicated.
None indicated.
Counterpoint
Because payouts depend on TSR versus peers, the plan could matter more to relative-performance expectations than to absolute operating metrics, but the filing still lacks any new performance signal.
Key entities
- issuerNN, Inc.
Nasdaq-listed company filing the 8-K describing executive PSU grants and performance conditions.
- executiveHarold Bevis
President and CEO, recipient of 250,000 target PSUs.
- executiveTim French
Chief Operating Officer, recipient of 140,000 target PSUs.
- executiveChris Bohnert
Senior Vice President and CFO, recipient of 110,000 target PSUs.
