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N-able (NABL) director receives 52,173 RSUs for Silver Lake

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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 Widmann Michael A.
Role null
Type Security Shares Price Value
Grant/Award Common Stock 52,173 $0.00 --
Holdings After Transaction: Common Stock — 0 shares (Direct, null)
Footnotes (1)
  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.
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
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.
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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
Estimated average burden
hours per response:0.5
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*
Widmann Michael A.
(Last)(First)(Middle)
C/O SILVER LAKE,
2775 SAND HILL ROAD, SUITE 100
(Street)
MENLO PARK CALIFORNIA 94025
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
N-able, Inc. [ NABL ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/28/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock05/28/2026A52,173(1)A(1)$00(2)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
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.
2. 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.
/s/ Michael A. Widmann06/01/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

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.

How many N-able (NABL) shares are reported following this RSU grant?

The Form 4 shows total shares following the transaction as 0.0000. The reported transaction involves restricted stock units awarded as compensation, which typically settle into shares upon vesting, rather than immediately increasing common stock holdings.