N-able grants 70,000 RSUs to revenue chief
N-able, Inc. disclosed that EVP and Chief Revenue Officer Frank Colletti acquired 70,000 shares of common stock in the form of restricted stock units under the company’s 2021 Equity Incentive Plan.
Rhea-AI Filing Summary
N-able, Inc. disclosed that EVP and Chief Revenue Officer Frank Colletti acquired 70,000 shares of common stock in the form of restricted stock units under the company’s 2021 Equity Incentive Plan. Each unit converts into one share upon vesting. The grant vests 25% on the anniversary of February 15, 2026 and then 6.25% per quarter over the next twelve quarters on May 15, August 15, November 15 and February 15 dates, subject to his continued service. Following this award, Colletti directly holds 560,923 shares of N-able common stock.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.001 per share | 70,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents restricted stock units awarded pursuant to the issuer's 2021 Equity Incentive Plan that entitle the reporting person to receive one share of the issuer's common stock per restricted stock unit upon vesting. The restricted stock units vest 25% on the anniversary of February 15, 2026 and 6.25% per quarter over the following twelve quarters on the respective quarterly vesting dates of May 15, August 15, November 15 and February 15, subject to continued service through each applicable date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did N-able (NABL) report for Frank Colletti?
How do the 70,000 N-able (NABL) restricted stock units vest?
What plan governs Frank Colletti’s new N-able (NABL) equity award?
Is Frank Colletti’s N-able (NABL) Form 4 transaction a purchase or a grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.