NABL.NYSEN-able, INC

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

Sentiment:

SEC Form 4

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Executive VP and CFO of N-able, Inc., Tim James O'Brien, sold a significant number of shares in two transactions on August 12 and 13, 2024.

Summary

  • Tim James O'Brien, the Executive VP and CFO of N-able, Inc., reported the sale of company stock.
  • On August 12, 2024, O'Brien sold 11,195 shares of common stock at a weighted average price of $12.84.
  • The shares were sold in multiple transactions at prices ranging from $12.82 to $12.87.
  • Following this transaction, O'Brien directly owned 654,232 shares.
  • On August 13, 2024, O'Brien sold 66,862 shares of common stock at a weighted average price of $12.94.
  • The shares were sold in multiple transactions at prices ranging from $12.90 to $13.04.
  • Following this transaction, O'Brien directly owned 587,370 shares.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, reporting stock sales by an executive. It doesn't inherently convey positive or negative sentiment, but the market may react based on their interpretation of the sale.

Industry Context

Executive stock sales are a common occurrence and can be for various reasons, including diversification, tax planning, or personal financial needs. It's important to consider the overall context of the company's performance and industry trends when interpreting such transactions.

Stakeholder Impact

  • Shareholders may react to the news of the stock sale, potentially impacting the stock price.

Key Dates

DateDescription
08/12/2024Tim James O'Brien sold 11,195 shares of N-able, Inc. common stock.
08/13/2024Tim James O'Brien sold 66,862 shares of N-able, Inc. common stock.
08/14/2024Date of the signature of the report by Kate Salley, Attorney-in-Fact for Timothy O'Brien.

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