N-able CFO awarded 142,500 restricted stock units
O'Brien Tim James reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
O'Brien Tim James reported acquisition or exercise transactions in this Form 4 filing.
N-able, Inc. reported that EVP and Chief Financial Officer Tim James O'Brien received a grant of 142,500 shares of common stock in the form of restricted stock units under the company’s 2021 Equity Incentive Plan. The award was recorded at a price of $0.00 per share because it is an equity incentive grant, not an open-market purchase. After this award, O'Brien holds 784,999 shares of common stock in total. The restricted stock units vest 25% on the anniversary of February 15, 2026, with the remaining 75% vesting in equal 6.25% quarterly installments over the next twelve quarters on scheduled vesting dates of May 15, August 15, November 15 and February 15, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.001 per share | 142,500 | $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 did N-able (NABL) disclose in this Form 4 filing?
What is the vesting schedule for the 142,500 N-able (NABL) RSUs granted to the CFO?
Is the N-able (NABL) CFO’s RSU grant an open-market stock purchase?
What plan governs the N-able (NABL) RSU grant to the CFO?
AI-generated analysis. How Rhea-AI works. Not financial advice.