Form 4: N-able Inc. Executive O'Brien Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
EVP and Chief Financial Officer of N-able, Inc., Tim James O'Brien, disposed of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On February 15, 2025, Tim James O'Brien, the EVP and Chief Financial Officer of N-able, Inc., disposed of 43,104 shares of common stock to satisfy tax withholding obligations.
- The shares were sold at a price of $9.93 per share.
- Following the transaction, O'Brien directly owns 456,347 shares of N-able, Inc.
Sentiment
Score: 5
Explanation: This is a neutral transaction related to tax obligations, with no inherent positive or negative implications for the company's performance.
Industry Context
Executive stock sales for tax purposes are a common occurrence, especially around vesting events for equity compensation. This transaction is a routine part of executive compensation management.
Key Dates
| Date | Description |
|---|---|
| 02/15/2025 | Date of transaction: Sale of shares by Tim James O'Brien. |
| 02/19/2025 | Date of signature on the Form 4 filing. |
Keywords
N-able, Inc., Tim James O'Brien, executive compensation, Form 4, stock sale, tax obligations, restricted stock units, NABL
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