N-able (NYSE: NABL) CFO has 9,713 shares withheld for tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
N-able, Inc. reported that EVP and Chief Financial Officer Tim James O'Brien had 9,713 shares of common stock withheld on May 15, 2026 to cover tax obligations from vesting restricted stock units. These shares were valued at $3.32 per share. After this tax-withholding disposition, he directly holds 775,286 shares of N-able common stock. This is a routine, compensation-related event rather than an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
O'Brien Tim James
Role
EVP, Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, par value $0.001 per share | 9,713 | $3.32 | $32K |
Holdings After Transaction:
Common Stock, par value $0.001 per share — 775,286 shares (Direct, null)
Footnotes (1)
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Key Figures
Tax-withheld shares: 9,713 shares
Tax-withholding price: $3.32 per share
Post-transaction holdings: 775,286 shares
3 metrics
Tax-withheld shares
9,713 shares
Shares withheld for taxes on RSU vesting on May 15, 2026
Tax-withholding price
$3.32 per share
Value used for the tax-withholding disposition
Post-transaction holdings
775,286 shares
CFO direct ownership after tax withholding
Key Terms
restricted stock units, tax withholding obligations, tax-withholding disposition, Common Stock, par value $0.001 per share
4 terms
restricted stock units financial
"in connection with the vesting of shares of restricted stock units"
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.
tax withholding obligations financial
"shares withheld to satisfy tax withholding obligations in connection with the vesting"
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What insider transaction did N-able (NABL) disclose for its CFO?
N-able disclosed that CFO Tim James O'Brien had 9,713 common shares withheld to cover taxes on vesting restricted stock units. This was a tax-withholding disposition, not an open-market trade, and is a routine element of equity compensation.
Was the N-able (NABL) CFO’s Form 4 transaction an open-market sale?
No, the Form 4 describes a tax-withholding disposition, not an open-market sale. Shares were withheld by the company to satisfy tax obligations triggered when restricted stock units vested, a standard feature of stock-based compensation programs.