NN Inc. Files 8-K on Shareholder Votes & Financials

Ticker: NNBR · Form: 8-K · Filed: 2024-05-15T00:00:00.000Z

Sentiment: neutral

Topics: corporate-governance, financial-reporting, sec-filing

TL;DR

NN Inc. filed an 8-K on May 14th covering shareholder votes and financials.

AI Summary

NN, Inc. filed an 8-K on May 15, 2024, reporting on matters submitted to a vote of security holders and financial statements. The filing covers events up to May 14, 2024, and includes information about the company's corporate structure and financial reporting.

Why It Matters

This filing provides crucial updates on corporate governance and financial reporting for NN, Inc., impacting investor understanding of the company's recent activities and compliance.

Risk Assessment

Risk Level: low — This is a routine filing reporting on standard corporate events like shareholder votes and financial statements, not indicating any immediate operational or financial distress.

Key Numbers

Key Players & Entities

FAQ

What specific matters were submitted to a vote of security holders?

The filing indicates 'Submission of Matters to a Vote of Security Holders' as an item, but the specific details of these matters are not provided in the excerpt.

What financial statements are included in this filing?

The filing lists 'Financial Statements and Exhibits' as an item, but the specific financial statements are not detailed in the provided text.

When was the earliest event reported in this 8-K?

The earliest event reported is dated May 14, 2024.

What is NN, Inc.'s principal executive office address?

The principal executive offices are located at 6210 Ardrey Kell Road, Suite 120, Charlotte, North Carolina 28277.

What is the company's state of incorporation?

NN, Inc. is incorporated in Delaware.

Filing Stats: 793 words · 3 min read · ~3 pages · Grade level 10.4 · Accepted 2024-05-15 07:57:48

Key Financial Figures

Filing Documents

07 SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

ITEM 5.07 SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS. The Annual Meeting was held on May 14, 2024. As of March 20, 2024, the record date for the Annual Meeting, a total of 49,539,158 shares of the Company's common stock were outstanding and entitled to vote on all matters presented to the Company's stockholders at the Annual Meeting. At the Annual Meeting, the Company's stockholders considered the following proposals: (1) To elect seven directors to serve for a term of one year; (2) To approve the NN, Inc. Amended and Restated 2022 Omnibus Incentive Plan; (3) To cast an advisory (non-binding) vote to approve the compensation of the Company's named executive officers ; and (4) To cast an advisory (non-binding) vote to ratify the selection of Grant Thornton LLP as the Company's registered independent public accounting firm for the fiscal year ending December 31, 2024. The final voting results for each proposal are described below. For beneficial owners holding the Company's common stock at a bank or brokerage institution, a "broker non-vote" occurred if the owner failed to give voting instructions, and the bank or broker was otherwise restricted from voting on the owner's behalf. Proposal 1 Seven directors were elected to serve for a term of one year. The results were as follows: Name For Withheld Authority Broker Non-Votes Raynard D. Benvenuti 25,403,571 718,726 13,835,413 Harold C. Bevis 25,859,493 262,804 13,835,413 Christina E. Carroll 25,317,706 804,591 13,835,413 Joo Faria 23,791,491 2,330,806 13,835,413 Dr. Rajeev Gautam 25,277,307 844,990 13,835,413 Jeri J. Harman 24,990,854 1,131,443 13,835,413 Thomas H. Wilson, Jr. 25,518,162 604,135 13,835,413 Proposal 2 The adoption of the NN, Inc. Amended and Restated 2022 Omnibus Incentive Plan was ratified. The results were as follows: For Against Abstentions Broker Non-Votes 25,299,286 793,237 29,774 13,835,413 Proposal 3 The advisory (non-binding) vote on the executive compensation

01 FINANCIAL STATEMENTS AND EXHIBITS

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS (d) Exhibits. Exhibit No. Description of Exhibit 10.1 NN, Inc. Amended and Restated 2022 Omnibus Incentive Plan (incorporated by reference to Appendix A to the Company's Definitive Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission on April 4, 2024). 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: May 15, 2024 NN, INC. By: /s/ Michael C. Felcher Name: Michael C. Felcher Title: Senior Vice President and Chief Financial Officer

View on Read The Filing