N-able (NABL) CRO Colletti has 7,521 shares withheld for RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
N-able, Inc. executive Frank Colletti, EVP and Chief Revenue Officer, reported a routine tax-related share disposition. On May 15, 2026, 7,521 shares of common stock were withheld at $3.32 per share to cover tax obligations tied to vesting restricted stock units.
After this withholding, Colletti directly holds 553,402 shares of N-able common stock. This was not an open-market sale but a standard mechanism for satisfying tax liabilities upon equity award vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Colletti Frank
Role
EVP, Chief Revenue Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, par value $0.001 per share | 7,521 | $3.32 | $25K |
Holdings After Transaction:
Common Stock, par value $0.001 per share — 553,402 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 7,521 shares
Withholding price: $3.32 per share
Shares held after transaction: 553,402 shares
+1 more
4 metrics
Shares withheld for taxes
7,521 shares
Tax withholding on RSU vesting, May 15, 2026
Withholding price
$3.32 per share
Value used for tax-withholding disposition
Shares held after transaction
553,402 shares
Direct ownership following tax withholding
Tax-withholding transactions
1 transaction, 7,521 shares
Summary of tax-withholding activity in this filing
Key Terms
restricted stock units, tax-withholding disposition, Common Stock, par value $0.001 per share, Form 4
4 terms
restricted stock units financial
"Represents shares withheld to satisfy tax withholding obligations 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 disposition financial
"transaction_action: tax-withholding disposition related to equity award vesting."
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.
Form 4 regulatory
"Insider transaction is disclosed on Form 4 for N-able, Inc."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did N-able (NABL) executive Frank Colletti report in this Form 4 filing?
Frank Colletti reported a tax-related share disposition. N-able withheld 7,521 shares of common stock to satisfy tax obligations from vesting restricted stock units, rather than Colletti selling shares in the open market.
Is the N-able (NABL) Form 4 transaction an open-market sale by Frank Colletti?
The transaction is not an open-market sale. It is classified as a tax-withholding disposition, where shares are automatically withheld to pay taxes when restricted stock units vest for the executive.
What does transaction code F mean in the N-able (NABL) Form 4?
Transaction code F indicates shares used to pay an exercise price or tax liability. In this case, 7,521 N-able shares were withheld to cover tax obligations tied to vesting restricted stock units, not a discretionary market trade.
What role does Frank Colletti hold at N-able (NABL) in this Form 4?
Frank Colletti is identified as Executive Vice President and Chief Revenue Officer. The reported Form 4 transaction involves his equity compensation, specifically shares withheld for taxes upon vesting of restricted stock units.