Form 4: N-able Executive Sells Shares for Tax Obligations

N-able's EVP and CTPO, Michael I. Adler, disposed of 6,102 shares of common stock to cover tax withholding obligations.

Summary

• Michael I. Adler, Executive Vice President and Chief Technology and Product Officer (EVP, CTPO) of N-able, Inc. (NABL), disposed of 6,102 shares of common stock.
• The transaction occurred on August 15, 2025, at a price of $7.64 per share.
• This disposition was a 'F' transaction code, indicating shares were withheld to satisfy tax withholding obligations in connection with the vesting of restricted stock units.
• Following this transaction, Michael I. Adler beneficially owns 500,283 shares of N-able, Inc. common stock.

Sentiment

Score: 5

Explanation: The transaction is neutral as it represents a routine tax-related disposition of shares upon RSU vesting, not a discretionary sale or purchase indicating a change in sentiment towards the company's prospects.

Industry Context

This filing is a routine disclosure of an insider transaction, specifically related to tax obligations upon the vesting of equity awards. It does not provide broader insights into industry trends or competitive landscape.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction for tax purposes and does not reflect a change in the executive's investment thesis or company performance.
• Employees: No direct impact beyond the executive involved.

Key Dates

Keywords

N-able, NABL, SEC Form 4, Insider Transaction, Stock Sale, Tax Withholding, Restricted Stock Units, Executive Compensation