4/A: N-able Inc. Executive Kathleen Pai Corrects Stock Disposal Amount in Amended SEC Filing
SEC Filing (Form 4/A)
Kathleen Pai, EVP and Chief People Officer of N-able, Inc., files an amended Form 4 to correct the number of shares disposed of on February 15, 2022.
Summary
- Kathleen Pai, the EVP and Chief People Officer of N-able, Inc., filed an amended Form 4 with the SEC.
- The amendment corrects the number of shares disposed of on February 15, 2022.
- The original filing incorrectly reported the amount as 19,548 shares, while the corrected amount is 19,458 shares.
- The shares were withheld to satisfy tax withholding obligations related to the vesting of restricted stock units.
- Following the transaction, Pai directly owns 210,572 shares of N-able common stock.
Sentiment
Score: 7
Explanation: The document is a routine correction of a previous filing, indicating standard corporate governance practices. There is no indication of positive or negative sentiment, but the correction itself is a positive sign of transparency.
Industry Context
This filing is a routine disclosure related to executive stock transactions and is typical for publicly traded companies. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The correction ensures accurate information is available to shareholders and the public.
Key Dates
| Date | Description |
|---|---|
| 02/15/2022 | Date of the stock disposal transaction. |
| 02/17/2022 | Date of the original Form 4 filing with the incorrect information. |
| 08/09/2024 | Date of signature on the amended Form 4/A. |
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