N-able (NABL) director receives 52,173 restricted stock units in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Pulvermueller Patrick Michael reported acquisition or exercise transactions in this Form 4 filing.
N-able, Inc. director Patrick Michael Pulvermueller received a grant of 52,173 restricted stock units of common stock as part of the company’s non-employee director compensation program. These units vest in full immediately before the next annual stockholders’ meeting, subject to continued board service, bringing his direct holdings to 99,666 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Pulvermueller Patrick Michael
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.001 per share | 52,173 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.001 per share — 99,666 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 52,173 units
Transaction price per share: $0.0000
Shares held after transaction: 99,666 shares
3 metrics
RSUs granted
52,173 units
Restricted stock units awarded to director on grant date
Transaction price per share
$0.0000
Reported price for the RSU grant
Shares held after transaction
99,666 shares
Director’s direct common stock holdings following the grant
Key Terms
restricted stock units, non-employee director compensation program, vesting, annual meeting of stockholders
4 terms
restricted stock units financial
"Represents restricted stock units awarded as part of the Issuer's non-employee director compensation program"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
non-employee director compensation program financial
"awarded as part of the Issuer's non-employee director compensation program"
vesting financial
"entitle the reporting person to receive one share ... upon vesting"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
annual meeting of stockholders financial
"vest in full on the day immediately preceding the Company's next annual meeting of stockholders"
FAQ
What did N-able (NABL) director Patrick Michael Pulvermueller report on this Form 4?
Patrick Michael Pulvermueller reported receiving 52,173 restricted stock units of N-able common stock. The grant is part of the company’s non-employee director compensation program and is reflected as an acquisition with no cash price per share listed.
What kind of equity did N-able (NABL) grant to its director in this filing?
N-able granted restricted stock units that each entitle the director to one share of common stock upon vesting. The award totals 52,173 units and is part of the standard non-employee director compensation structure described in the filing’s footnote.
When do the restricted stock units granted to the N-able (NABL) director vest?
The restricted stock units vest in full on the day immediately before N-able’s next annual meeting of stockholders following the grant date. Vesting is conditioned on the director’s continued service on the board through that vesting date.
Is this N-able (NABL) Form 4 transaction an open-market buy or sale?
This Form 4 reflects a grant or award acquisition, not an open-market trade. The transaction is coded “A” for grant or award, and it represents compensation-related restricted stock units rather than shares bought or sold on the open market.