Form 4: N-able Inc. Executive O'Brien Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
EVP and CFO of N-able, Inc., Tim James O'Brien, disposed of 9,426 shares of common stock to cover tax obligations related to vesting restricted stock units.
Summary
- On May 15, 2025, Tim James O'Brien, the EVP and Chief Financial Officer of N-able, Inc., disposed of 9,426 shares of common stock.
- The transaction was executed to satisfy tax withholding obligations associated with the vesting of restricted stock units.
- The price per share was $8.08.
- Following the transaction, O'Brien directly owns 616,026 shares of N-able, Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a common transaction (disposal of shares for tax obligations). It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track executive compensation and ownership changes.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves a small percentage of the total outstanding shares.
- The transaction ensures the executive remains compliant with tax regulations.
Key Dates
| Date | Description |
|---|---|
| 05/15/2025 | Date of the stock disposal transaction. |
| 05/19/2025 | Date of signature on the Form 4 filing. |
Keywords
N-able, Inc., Tim James O'Brien, stock disposal, Form 4, tax obligations, restricted stock units, executive compensation, insider trading
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.