N-able (NABL) CEO John Pagliuca awarded 300,000 restricted stock units
Rhea-AI Filing Summary
Pagliuca John reported acquisition or exercise transactions in this Form 4 filing.
N-able, Inc. reported that its President and CEO, John Pagliuca, received an equity award of 300,000 restricted stock units (RSUs) of common stock. These RSUs were granted at no cash cost to him under the company’s 2021 Equity Incentive Plan.
Each RSU represents the right to receive one share of N-able common stock upon vesting. The award vests 25% on the anniversary of February 15, 2026, with the remaining 75% vesting in 6.25% increments each quarter over the following twelve quarters, subject to his continued service. After this grant, Pagliuca directly holds 1,991,810 shares or share-equivalents.
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Insights
CEO receives 300,000 time-vested RSUs, reinforcing long-term equity alignment.
The filing shows John Pagliuca, President and CEO of N-able, Inc., was granted 300,000 restricted stock units under the 2021 Equity Incentive Plan. RSUs are a common tool to link executive rewards to future stock performance without immediate cash outlay.
The vesting schedule is heavily time-based: 25% on the February 15, 2026 anniversary, then 6.25% per quarter for twelve quarters, conditioned on continued service. This structure encourages retention and long-term focus rather than short-term trading.
Following the grant, Pagliuca’s direct holdings total 1,991,810 shares or share-equivalents of common stock. Future company disclosures may provide more context on how this award compares to prior grants and the broader executive compensation framework.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.001 per share | 300,000 | $0.00 | -- |
Footnotes (1)
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