Form 4: N-able Director Ann Johnson Sells $270,000 in Common Stock
SEC Form 4 Filing
Director Ann Johnson sold 21,200 shares of N-able, Inc. common stock at an average price of $12.79 on August 12, 2024.
Summary
- On August 12, 2024, Ann Johnson, a director of N-able, Inc., sold 21,200 shares of common stock.
- The sale was executed at a weighted average price of $12.79 per share.
- The total value of the shares sold is approximately $270,000.
- Following the transaction, Johnson directly owns 48,797 shares of N-able, Inc.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, reporting a stock sale by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
Sales of shares by company directors are a normal part of corporate governance. It is difficult to assess the impact of this sale without knowing the director's overall holdings and the context of the sale.
Stakeholder Impact
- The sale of shares by a director could have a minor impact on shareholder confidence, but is unlikely to be significant given the relatively small number of shares sold.
Key Dates
| Date | Description |
|---|---|
| 08/12/2024 | Date of stock sale transaction |
| 08/14/2024 | Date of Form 4 filing |
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