Form 4: N-able Inc. Executive Kathleen Pai Reports Stock Transaction
SEC Form 4 Filing
Kathleen Pai, EVP and Chief People Officer of N-able, Inc., reports the disposition of 4,263 shares to cover tax obligations related to vesting restricted stock units.
Summary
- On May 15, 2024, Kathleen Pai, the EVP and Chief People Officer of N-able, Inc., disposed of 4,263 shares of common stock to satisfy tax withholding obligations.
- The transaction was executed at a price of $12.82 per share.
- Following the transaction, Pai directly owns 556,593 shares of N-able, Inc.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard reporting of stock transactions for tax purposes.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their stock transactions.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of stock transaction |
| 05/17/2024 | Date of signature on the report |
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