# Legion Partners Asset Management, LLC — activist_campaign/cooperation_agreement [announced]
Source: SEC API (secapi.ai) · situation sit_acf3a1de283a40a1c72a · retrieved 2026-08-11T16:12:48.061Z

## Overview
NN Inc is a metalworking machinery and equipment manufacturer incorporated in Delaware.

On July 29, 2026, Legion Partners Asset Management and related reporting persons entered into a letter agreement with NN Inc whereby the company agreed to immediately accelerate the vesting of 49,079 shares of restricted stock that had been awarded to Raymond T. White on March 18, 2026 in connection with his service as a director. In exchange, the reporting persons irrevocably waived their replacement rights under Section 1(f) of the Cooperation Agreement and acknowledged that the Issuer's obligations under Section 1 of the Cooperation Agreement have been terminated. This settlement effectively ends the activist engagement between Legion Partners and NN Inc.

## Terms
- Counterparty: NN Inc · Stake: 6.5%

## Key dates
- Announced 2026-07-31

## Timeline
- 2026-07-31 · SCHEDULE 13D/A (0000921895-26-001915): SCHEDULE 13D/A - Legion Partners Asset Management, LLC — *NN Inc is a metalworking machinery and equipment manufacturer incorporated in Delaware.* On July 29, 2026, Legion Partners Asset Management and related reporting persons entered into a letter agreement with NN Inc whereby the company agreed to immediately accelerate the vesting of 49,079 shares of restricted stock that had been awarded to Raymond T. White on March 18, 2026 in connection with his service as a director. In exchange, the reporting persons irrevocably waived their replacement rights under Section 1(f) of the Cooperation Agreement and acknowledged that the Issuer's obligations under Section 1 of the Cooperation Agreement have been terminated. This settlement effectively ends the activist engagement between Legion Partners and NN Inc.
  https://www.sec.gov/Archives/edgar/data/1560207/0000921895-26-001915.txt

## Citations
- 0000921895-26-001915 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000092189526001915