N-able (NABL) EVP Anastos awarded 72,500 restricted stock units as equity pay
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
N-able, Inc. reported that executive vice president, general counsel and secretary Peter C. Anastos acquired 72,500 shares of common stock through a grant of restricted stock units. These units were awarded at a price of $0.0000 per share and are part of his equity compensation.
The restricted stock units vest 25% on the anniversary of February 15, 2026 and then 6.25% each quarter over the next twelve quarters on May 15, August 15, November 15 and February 15, subject to continued service. Following this award, Anastos directly holds 464,462 shares of N-able common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Anastos Peter C
Role
EVP, GC, Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.001 per share | 72,500 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.001 per share — 464,462 shares (Direct)
Footnotes (1)
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FAQ
What did N-able (NABL) disclose about Peter C. Anastos in this Form 4?
N-able disclosed that executive Peter C. Anastos received a grant of 72,500 restricted stock units. Each unit represents one share of common stock upon vesting, awarded at $0.0000 per share as part of his equity compensation package.
What is the vesting schedule for Peter C. Anastos’s N-able (NABL) restricted stock units?
The restricted stock units vest 25% on the anniversary of February 15, 2026. The remaining 75% vests in 6.25% increments each quarter over twelve quarters on May 15, August 15, November 15 and February 15, assuming continued service.
What plan governs the restricted stock unit grant to Peter C. Anastos at N-able (NABL)?
The award to Peter C. Anastos was granted under N-able’s 2021 Equity Incentive Plan. Each restricted stock unit entitles him to receive one share of N-able common stock upon vesting, aligning his compensation with the company’s long-term performance.
Was the N-able (NABL) Form 4 transaction an open-market purchase or a compensation grant?
The Form 4 transaction was a compensation grant, not an open-market purchase. Peter C. Anastos received 72,500 restricted stock units at $0.0000 per share as an equity award under N-able’s 2021 Equity Incentive Plan.