Form 4: N-able Inc. Executive Peter Anastos Sells 16,000 Shares

Peter Anastos, EVP, GC, and Secretary of N-able, Inc., sold 16,000 shares of common stock at an average price of $13.04 on August 29, 2024.

Summary

• On August 29, 2024, Peter Anastos, an executive at N-able, Inc., sold 16,000 shares of the company's common stock.
• The shares were sold at a weighted average price of $13.04.
• The sales occurred in multiple transactions with prices ranging from $12.99 to $13.13.
• Following the transaction, Anastos directly owns 322,774 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 is a standard SEC filing reporting a stock sale by an executive. It doesn't inherently convey positive or negative sentiment, but the market's reaction to such sales can vary.

Industry Context

Executive stock sales are a common occurrence and are often scrutinized by investors for insights into management's perspective on the company's valuation and future prospects. However, without additional context, it's difficult to determine the specific reasons behind this sale.

Stakeholder Impact

• The stock sale could have a minor impact on shareholders depending on how the market interprets the transaction.

Key Dates