Monitor for the appointment of a new General Counsel, which could signal strategic priorities. No immediate trading catalyst — this is a routine C-suite transition with no financial surprises.
Price Chart
Executive Summary
NN Inc. disclosed that Jami Statham, SVP, General Counsel & Corporate Secretary, will step down effective July 9, 2026, under a mutual separation agreement. The departure is not due to any disagreement with the company, and an external search for a successor has been initiated. This is a routine senior officer transition with no financial or operational red flags.
Key Facts
- Jami Statham notified NN Inc. on June 10, 2026 of her intention to step down as SVP, General Counsel & Corporate Secretary.
- Her last day will be July 9, 2026 (the Separation Date).
- The decision was not the result of any disagreement with the company on matters relating to operations, policies, or practices.
- The company will retain an external search firm to identify a replacement.
- Statham will receive a pro-rated portion of her $175,000 annual target bonus for 2026 as a transition payment, contingent on signing a release.
- She will continue to vest in outstanding equity awards through the Separation Date.
Financial Impact
Pro-rated transition payment of up to ~$87,500 (half of $175,000 annual target bonus) for ~1 month of service; immaterial relative to $157M market cap.
Risk Factors
- Prolonged vacancy in General Counsel role could create legal or regulatory execution risk.
- No successor named yet — external search may take several months.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001104659-26-073458 |
| Document: tm2617739d1_8k.htm | 0001104659-26-073458 |
| Document: 0001104659-26-073458-index-headers.html | 0001104659-26-073458 |
| Document: 0001104659-26-073458-index.html | 0001104659-26-073458 |
| Document: 0001104659-26-073458.txt | 0001104659-26-073458 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 26, 2026 1d ago | EFFECT | $3.36 | awaiting T+60 | — | $3.36 (−0.00%) |
Oct 15, 2026 11d ago | Press Release | $3.41 | awaiting T+60 | — | $3.36 (−1.47%) |
Oct 13, 2026 13d ago | S-3 | $3.46 | awaiting T+60 | — | $3.36 (+2.75%) |
Oct 8, 2026 18d ago | 8-K | $4.01 | awaiting T+60 | — | $3.36 (−16.21%) |
Oct 5, 2026 21d ago | 8-K | $4.04 | awaiting T+60 | — | $3.36 (+16.83%) |
Sep 22, 2026 4w ago | Press Release | $3.86 | awaiting T+60 | — | $3.36 (−12.95%) |
Sep 22, 2026 4w ago | 8-K | $3.86 | awaiting T+60 | — | $3.36 (−12.95%) |
Aug 20, 2026 9w ago | 8-K | $3.81 | awaiting T+60 | — | $3.36 (−11.81%) |
Jul 31, 2026 12w ago | 8-K | $3.31 $3.36 | ▲ +1.51% | ▼ −0.94% | $3.36 (+1.51%) |
Jul 22, 2026 13w ago | EFFECT | $3.45 $3.49 | ▼ −1.16% | ▲ +2.10% | $3.36 (+2.61%) |
US Market Status
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