Form 4: N-able Inc. CEO John Pagliuca Reports Stock Transaction
SEC Form 4 Filing
N-able Inc. CEO John Pagliuca reports disposition of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On August 15, 2024, John Pagliuca, the President and CEO of N-able, Inc., reported a transaction involving the company's common stock.
- Pagliuca disposed of 24,699 shares to satisfy tax withholding obligations related to the vesting of restricted stock units.
- The transaction was executed at a price of $12.8 per share.
- Following the transaction, Pagliuca directly owns 1,440,647 shares of N-able's common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
This is a routine disclosure related to executive compensation and tax obligations. It is common for executives to sell shares to cover taxes when restricted stock units vest.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 08/15/2024 | Date of stock transaction (disposal of shares). |
| 08/19/2024 | Date of signature on the Form 4 filing. |
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