# NN INC (NNBR) — activist_campaign/cooperation_agreement [announced]
Source: SEC API (secapi.ai) · situation sit_ded7b1e33bf586365f9b · retrieved 2026-08-11T16:04:33.699Z

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

On July 29, 2026, NN Inc. and Legion Partners Asset Management, LLC (and its affiliates) entered into a letter agreement. The Company agreed to immediately accelerate the vesting of 49,079 shares of restricted stock awarded to Raymond T. White on March 18, 2026, in connection with his service as a director. In exchange, the Legion Parties irrevocably waived their replacement rights under Section 1(f) of the January 16, 2026 Cooperation Agreement, and acknowledged that the Company's obligations under Section 1 of that agreement are terminated.

## Terms
- Counterparty: Legion Partners Asset Management, LLC and its affiliates

## Key dates
- Announced 2026-07-31

## Timeline
- 2026-07-31 · 8-K (0000918541-26-000057): 8-K - NN INC — *NN Inc. is a metalworking machinery and equipment manufacturer.* On July 29, 2026, NN Inc. and Legion Partners Asset Management, LLC (and its affiliates) entered into a letter agreement. The Company agreed to immediately accelerate the vesting of 49,079 shares of restricted stock awarded to Raymond T. White on March 18, 2026, in connection with his service as a director. In exchange, the Legion Parties irrevocably waived their replacement rights under Section 1(f) of the January 16, 2026 Cooperation Agreement, and acknowledged that the Company's obligations under Section 1 of that agreement are terminated.
  https://www.sec.gov/Archives/edgar/data/918541/0000918541-26-000057.txt

## Citations
- 0000918541-26-000057 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000091854126000057