Form 4: N-able Inc. CEO John Pagliuca Reports Stock Transactions

John Pagliuca, President and CEO of N-able, Inc., reports acquisition and disposal of common stock and performance/restricted stock units.

Summary

• On February 20, 2025, John Pagliuca, the President and CEO of N-able, Inc., reported transactions involving N-able's common stock.
• Pagliuca acquired 144,086 performance stock units and 128,074 restricted stock units, both at a price of $0.
• He also disposed of 23,222 shares of common stock at $9.98 per share to cover tax withholding obligations.
• Following these transactions, Pagliuca beneficially owns 1,550,091 shares of N-able common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions, indicating a neutral sentiment.

Future Outlook

The performance stock units vest in three equal installments on each of February 20, 2025, February 15, 2026 and February 15, 2027, subject to continued service through each applicable date. The restricted stock units vest 25% on the anniversary of February 15, 2025 and 6.25% per quarter over the following twelve quarters on the respective quarterly vesting dates of May 15, August 15, November 15 and February 15, subject to continued service through each applicable date.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common in the tech industry where equity compensation is prevalent.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.

Key Dates

Keywords

N-able, John Pagliuca, Stock Units, Common Stock, Form 4, SEC Filing, Equity Incentive Plan, Restricted Stock Units, Performance Stock Units