Form 4: N-able Inc. Executive Tim James O'Brien Sells Shares

EVP and CFO of N-able, Inc., Tim James O'Brien, sold a portion of his holdings in two transactions on August 14 and 15, 2024.

Summary

• Tim James O'Brien, EVP and Chief Financial Officer of N-able, Inc., reported the sale of company stock.
• On August 14, 2024, O'Brien sold 7,508 shares of common stock at a weighted average price of $12.80.
• The shares were sold in multiple transactions at prices ranging from $12.80 to $12.84.
• On August 15, 2024, O'Brien sold 14,640 shares of common stock at a weighted average price of $12.82.
• These shares were sold in multiple transactions at prices ranging from $12.80 to $12.89.
• Following these transactions, O'Brien directly owns 565,222 shares of N-able, Inc.
• The sales were executed under transaction code 'S', indicating a sale on the open market.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing regarding stock sales by an executive, which is neutral in sentiment.

Industry Context

This filing is a routine disclosure of insider trading activity. It's common for executives to periodically sell shares for personal financial management.

Stakeholder Impact

• The sale of shares by an executive could be perceived negatively by some shareholders, but it is a common practice and doesn't necessarily indicate a negative outlook for the company.

Key Dates