N-able (NABL) director receives 52,173 RSUs for Silver Lake
Rhea-AI Filing Summary
Widmann Michael A. reported acquisition or exercise transactions in this Form 4 filing.
N-able, Inc. reported a Form 4 showing a grant of 52,173 restricted stock units to director Michael Widmann as part of the company’s non-employee director compensation program. These RSUs vest in full on the day immediately preceding N-able’s next annual stockholder meeting, subject to his continued service. According to the filing, the securities are held for the benefit of Silver Lake Technology Management, L.L.C. and related entities, and any sale proceeds are expected to be remitted to Silver Lake and/or its limited partners. Widmann disclaims beneficial ownership of these securities.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Widmann Michael A.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 52,173 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 0 shares (Direct)
Footnotes (1)
- Represents restricted stock units awarded to Michael Widmann, a director of the Issuer and an executive of Silver Lake Group, L.L.C. as part of the Issuer's non-employee director compensation program. The restricted stock units vest in full on the day immediately preceding the Issuer's next annual meeting of stockholders following the grant date, subject to the director's continued service through such date. These securities are held by Mr. Widmann for the benefit of Silver Lake Technology Management, L.L.C. and/or certain of its affiliates or certain of the funds they manage ("Silver Lake"). Pursuant to Silver Lake's policies with respect to director compensation, upon the sale of these securities, the proceeds from each sale will be expected to be remitted to Silver Lake and/or its limited partners. Mr. Widmann disclaims beneficial ownership of these securities and the inclusion of the securities in this report shall not be deemed an admission of beneficial ownership for purposes of Section 16 or any other purpose.
Key Figures
RSU grant size: 52,173 restricted stock units
Grant price: $0.0000 per unit
Shares after transaction: 0.0000 shares
+1 more
4 metrics
RSU grant size
52,173 restricted stock units
Award to director Michael Widmann as part of non-employee director compensation
Grant price
$0.0000 per unit
Reported transaction price per restricted stock unit
Shares after transaction
0.0000 shares
Total common shares reported following the transaction
Vesting condition
Vests before next annual meeting
Full vesting the day immediately preceding next annual stockholder meeting, subject to continued service
Key Terms
restricted stock units, non-employee director compensation program, beneficial ownership, limited partners, +1 more
5 terms
restricted stock units financial
"Represents restricted stock units awarded to Michael Widmann, a director of the Issuer"
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
"as part of the Issuer's non-employee director compensation program"
beneficial ownership financial
"Mr. Widmann disclaims beneficial ownership of these securities"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
limited partners financial
"proceeds from each sale will be expected to be remitted to Silver Lake and/or its limited partners"
Limited partners are investors who provide most of the capital to an investment partnership but do not run its day-to-day business; they have liability only up to the amount they invested. Think of them as silent backers who hire a manager to make decisions and share in profits or losses; their importance to investors lies in shaping how much money a fund can deploy, the risk and return profile they receive, and the liquidity and fees associated with that investment.
Section 16 regulatory
"shall not be deemed an admission of beneficial ownership for purposes of Section 16"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did N-able (NABL) report in this Form 4?
N-able reported a grant of 52,173 restricted stock units to director Michael Widmann. The award is part of the non-employee director compensation program and represents an equity-based component of his board service compensation.
When do Michael Widmann’s N-able (NABL) restricted stock units vest?
The restricted stock units vest in full on the day immediately preceding N-able’s next annual meeting of stockholders. Vesting is conditioned on Widmann’s continued service as a director through that date, aligning the award with his board tenure.
What is the grant price of the N-able (NABL) restricted stock units?
The Form 4 lists a price of $0.0000 per share for the 52,173 restricted stock units. This reflects that the RSUs are a compensation grant rather than a purchase, providing equity exposure without an out-of-pocket cash payment by the director.
Who ultimately benefits from Michael Widmann’s N-able (NABL) RSU grant?
The securities are held by Widmann for the benefit of Silver Lake Technology Management, L.L.C. and affiliated funds. Under Silver Lake’s compensation policies, proceeds from any sale of these securities are expected to be remitted to Silver Lake and its limited partners.
Does Michael Widmann claim beneficial ownership of these N-able (NABL) securities?
No. The filing states that Widmann disclaims beneficial ownership of the securities. Their inclusion in the report is not an admission of beneficial ownership for purposes of Section 16 or for any other legal or regulatory purpose.