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

N-able's EVP, GC, and Secretary, Peter C. Anastos, disposed of 5,047 shares of common stock to cover tax withholding obligations related to restricted stock unit vesting.

Summary

• Peter C. Anastos, EVP, GC, and Secretary of N-able, Inc., reported a transaction involving N-able common stock.
• On November 15, 2025, Anastos disposed of 5,047 shares of common stock.
• The shares were disposed of at a price of $7.51 per share.
• This disposition was specifically to satisfy tax withholding obligations associated with the vesting of restricted stock units.
• Following this transaction, Anastos directly beneficially owns 367,972 shares of N-able common stock.

Sentiment

Score: 5

Explanation: Neutral. This is a routine, non-discretionary transaction for tax purposes related to RSU vesting, which is a standard compensation event. It does not reflect a change in management's view of the company's prospects.

Positives

• Vesting of restricted stock units indicates employee retention and long-term incentive alignment with company performance.

Future Outlook

No specific future outlook or guidance is provided in this Form 4 filing, as it primarily reports an insider transaction.

Industry Context

This is a routine insider transaction disclosure, common across all industries for executives receiving equity compensation. It does not provide broader industry-specific context or trends.

Related Party Transactions

• Disposition of 5,047 shares of common stock by Peter C. Anastos to N-able, Inc. to satisfy tax withholding obligations upon the vesting of restricted stock units.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine tax-related transaction, not a discretionary sale indicating a lack of confidence. It slightly reduces the number of shares held by an insider.
• Employees: The vesting of restricted stock units is part of employee compensation plans, which can positively impact employee retention and motivation.

Key Dates

Recommendation

This Form 4 reports a routine, non-discretionary disposition of shares by an executive to cover tax obligations upon the vesting of restricted stock units. Such transactions are common and do not typically signal a change in the company's fundamentals or management's outlook, thus maintaining a 'hold' recommendation.

Keywords

N-able Inc., NABL, Form 4, Insider Transaction, Stock Sale, Restricted Stock Units, Tax Withholding, Peter C. Anastos, Corporate Governance