NN grants CEO, COO, CFO 500,000 performance share units under 2026-28 incentive plan
NNBR•Vesting and change-in-control terms
Vesting generally requires continued service through committee certification; death or disability triggers prorated vesting at target or actual performance.
Change in Control provisions shift vesting to prorated results based only on the relative TSR component.
Performance share unit grants under 2026-28 plan
NN granted performance share units on July 23, 2026 to CEO Harold Bevis (250,000 target), COO Tim French (140,000), and CFO Chris Bohnert (110,000).
Payout ranges from 0% to 200% of target, tied to 2026-2028 cumulative adjusted EBITDA, free cash flow, net sales, and relative TSR.
