Form 4: N-able Executive Peter Anastos Reports Stock Disposal to Cover Tax Obligations

EVP, GC, and Secretary of N-able, Inc., Peter Anastos, disposed of 14,334 shares of common stock on May 15, 2025, to cover tax withholding obligations related to vesting restricted stock units.

Summary

• Peter Anastos, EVP, GC, and Secretary of N-able, Inc., filed a Form 4 with the SEC.
• The filing reports a transaction that occurred on May 15, 2025.
• Anastos disposed of 14,334 shares of N-able common stock at a price of $8.08 per share.
• This disposal was to satisfy tax withholding obligations related to the vesting of restricted stock units.
• Following the transaction, Anastos directly owns 378,066 shares of N-able common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a routine transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This specific filing relates to the common practice of selling shares to cover tax obligations upon the vesting of restricted stock units.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it is a routine sale of shares to cover tax obligations.

Key Dates

Keywords

Form 4, N-able, Anastos, Stock Disposal, Tax Obligations, Beneficial Ownership, SEC Filing