[Form 4] N-able, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Frank Colletti, EVP and Chief Revenue Officer of N-able, Inc. (NABL), reported a transaction on Form 4 showing a disposition of 7,088 shares of common stock on 08/15/2025 at a price of $7.64 per share. The filing states the shares were withheld to satisfy tax withholding obligations related to the vesting of restricted stock units. After the withholding, Colletti beneficially owns 489,080 shares directly. The Form 4 was signed by an attorney-in-fact on 08/19/2025.

Positive

• Reporting person retains direct beneficial ownership of 489,080 shares
• Transaction is explicitly identified as withholding to satisfy tax obligations on vested RSUs
• Form 4 was filed and signed (via attorney-in-fact), satisfying Section 16 reporting requirements

Negative

• 7,088 shares were disposed of (withheld) on 08/15/2025
• Disposal price of $7.64 per share reduces the reporting person's share count

Insights

Financial Analyst

TL;DR: Routine tax-withholding disposition; no material change to reported beneficial ownership.

The filing documents a common and administrative sale of 7,088 shares at $7.64 to cover tax withholding on vested restricted stock units. The transaction is coded as a disposition and follows standard practice when RSUs vest. Reported beneficial ownership after the transaction remains 489,080 shares, indicating the reporting person retains a substantial shareholding position on a nominal basis. There is no indication of additional open-market selling or an agreement to divest further holdings in this filing.

Corporate Governance Expert

TL;DR: Administrative share withholding for taxes; filing reflects typical insider reporting and no governance red flags.

The Form 4 records a withholding of 7,088 shares to satisfy tax obligations tied to RSU vesting, as explicitly stated in the explanation. The report names the reporting person as an officer (EVP, Chief Revenue Officer) and indicates direct ownership of 489,080 shares following the transaction. The form is signed by an attorney-in-fact, which is acceptable for filings of this type. No departures, new arrangements, or bespoke transfer mechanisms are disclosed in this filing.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Colletti Frank

(Last) (First) (Middle)

30 CORPORATE DR., SUITE 400

(Street)

BURLINGTON MA 01803

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
N-able, Inc. [ NABL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Chief Revenue Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/15/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, par value $0.001 per share	08/15/2025		F		7,088(1)	D	$7.64	489,080	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of shares of restricted stock units.

Remarks:

	/s/ Kate Salley, Attorney-in-Fact for Frank Colletti	08/19/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did Frank Colletti report on Form 4 for NABL?

He reported a disposition of 7,088 shares of common stock on 08/15/2025 at $7.64 per share to satisfy tax withholding obligations.

How many NABL shares does Frank Colletti beneficially own after the transaction?

He beneficially owns 489,080 shares directly following the reported transaction.

Why were the 7,088 NABL shares disposed of according to the filing?

The filing states the shares were withheld to satisfy tax withholding obligations in connection with the vesting of restricted stock units.

When was the Form 4 transaction dated and when was the form signed?

The transaction date is 08/15/2025 and the Form 4 was signed by an attorney-in-fact on 08/19/2025.

What is the reporting person's role at N-able as listed on the Form 4?

He is listed as an officer with the title EVP, Chief Revenue Officer, and also indicated as a director.