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 May 15, 2024, Peter Anastos, EVP, GC, and Secretary of N-able, Inc., reported a transaction involving the disposition of 14,656 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 $12.82.
- Following the transaction, Anastos directly owns 367,361 shares of N-able, Inc.
Sentiment
Score: 5
Explanation: This is a routine filing related to tax obligations on vested stock, so it doesn't carry strong positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track executive compensation and ownership changes.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects a standard executive compensation practice.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of stock transaction (disposal of shares). |
| 05/17/2024 | Date of signature for the report. |
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