Form 4: N-able Executive Michael Adler Reports Stock Disposal to Cover Tax Obligations
SEC Form 4 Filing
EVP, CTPO of N-able, Inc., Michael Adler, disposed of 17,180 shares of common stock on May 15, 2025, to cover tax withholding obligations related to vesting restricted stock units.
Summary
- On May 15, 2025, Michael Adler, EVP, CTPO of N-able, Inc., disposed of 17,180 shares of common stock.
- The transaction was executed to satisfy tax withholding obligations associated with the vesting of restricted stock units.
- The shares were sold at a price of $8.08 per share.
- Following the transaction, Adler directly owns 506,385 shares of N-able, Inc. common stock.
Sentiment
Score: 5
Explanation: This is a neutral transaction related to tax obligations, not indicative of positive or negative sentiment towards the company's prospects.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions. This transaction is related to tax obligations from vesting equity, a common practice.
Key Dates
| Date | Description |
|---|---|
| 05/15/2025 | Date of stock disposal transaction. |
| 05/19/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, N-able, Stock Disposal, Tax Withholding, Michael Adler, Executive Compensation, Restricted Stock Units
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