Form 4: N-able Inc. CEO John Pagliuca Sells Shares
SEC Form 4 Filing
N-able Inc.'s CEO, John Pagliuca, sold 150,956 shares of common stock at an average price of $12.77 on August 12, 2024.
Summary
- On August 12, 2024, John Pagliuca, the President and CEO of N-able, Inc., sold 150,956 shares of the company's common stock.
- The shares were sold at a weighted average price of $12.77.
- The sales occurred in multiple transactions with prices ranging from $12.70 to $12.87.
- Following the transaction, Pagliuca directly owns 1,465,346 shares of N-able, Inc.
- The transaction was reported on a Form 4 filing with the Securities and Exchange Commission.
Sentiment
Score: 5
Explanation: The document itself is neutral, simply reporting a stock sale. The sentiment is neutral as it is a common practice for executives to sell shares.
Risks
- Executive stock sales can sometimes be perceived negatively by investors, potentially leading to short-term stock price volatility.
Industry Context
Executive stock sales are a common occurrence in publicly traded companies and are often related to personal financial planning. The impact on the stock price can vary depending on the size of the sale and the market's perception of the company's prospects.
Stakeholder Impact
- Shareholders may react to the stock sale, potentially influencing the stock price in the short term.
Key Dates
| Date | Description |
|---|---|
| 08/12/2024 | Date of the stock sale transaction. |
| 08/14/2024 | Date of the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.