Form 4: N-able Executive Peter Anastos Reports Stock Transaction
SEC Form 4 Filing
EVP, GC, and Secretary of N-able, Inc., Peter Anastos, reports disposition of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On August 15, 2024, Peter Anastos, EVP, GC, and Secretary of N-able, Inc., reported a transaction involving the disposition of 3,577 shares of common stock.
- The shares were disposed of to satisfy tax withholding obligations related to the vesting of restricted stock units.
- The price per share was $12.8.
- Following the transaction, Anastos directly owns 338,774 shares of N-able, Inc.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine transaction related to tax obligations and doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This transaction is related to tax obligations from vesting of stock, which is a common occurrence.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 08/15/2024 | Date of stock transaction (disposition of shares). |
| 08/19/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.