Form 4: N-able CRO Colletti Reports Tax Withholding on RSU Vesting

N-able's EVP and Chief Revenue Officer, Frank Colletti, reported the disposition of 7,088 shares of common stock to cover tax obligations related to restricted stock unit vesting.

Summary

• Frank Colletti, EVP, Chief Revenue Officer of N-able, Inc. (NABL), reported a transaction on November 15, 2025.
• The transaction involved the disposition of 7,088 shares of N-able Common Stock.
• These shares were withheld to satisfy tax withholding obligations associated with the vesting of restricted stock units.
• The shares were disposed of at a price of $7.51 per share.
• Following this transaction, Mr. Colletti beneficially owns 481,992 shares directly.

Sentiment

Score: 5

Explanation: The filing reports a routine tax withholding transaction related to RSU vesting, which is a neutral event. It reflects standard executive compensation practices without indicating significant positive or negative operational or financial news.

Positives

• The vesting of restricted stock units indicates the executive is meeting performance or tenure requirements, which can be a positive sign of executive retention and alignment with shareholder interests.

Negatives

• The disposition of shares, even for tax purposes, slightly reduces the executive's direct ownership stake.

Future Outlook

No forward-looking statements or guidance are provided in this Form 4 filing.

Industry Context

This is a routine insider transaction related to executive compensation, common across all industries for publicly traded companies when restricted stock units vest. It does not reflect broader industry trends or competitive dynamics.

Comparison to Industry Standards

• This is a standard practice for executives receiving equity compensation. Companies like Microsoft, Apple, and Google also have similar tax withholding events when their executives' restricted stock units vest. The specific number of shares and value are unique to N-able and Mr. Colletti's compensation structure but the mechanism is standard.

Related Party Transactions

• This transaction is an executive compensation event, which is a form of related party transaction, but it is a standard, disclosed component of compensation.

Stakeholder Impact

• Shareholders: Minimal direct impact. It's a routine transaction and does not signal a change in company fundamentals or strategy.
• Employees: No direct impact.
• Customers/Suppliers/Creditors: No direct impact.

Key Dates

Keywords

N-able, NABL, Frank Colletti, Form 4, insider transaction, restricted stock units, RSU vesting, tax withholding, executive compensation, beneficial ownership