NABL Form 4: Director Ann Johnson Sells 34,568 Shares at $7.70
Ann S. Johnson, a director of N-able, Inc. (NABL), reported the sale of company stock on 08/18/2025.
Rhea-AI Filing Summary
Ann S. Johnson, a director of N-able, Inc. (NABL), reported the sale of company stock on 08/18/2025. The Form 4 shows she disposed of 34,568 shares of common stock in multiple transactions at a weighted-average price of $7.70, with individual trade prices ranging from $7.70 to $7.72. After the reported sale she beneficially owned 37,424 shares, held directly. The Form 4 was signed on behalf of Ms. Johnson by an attorney-in-fact, Kate Salley, on 08/20/2025. The filer states they can provide a breakdown of shares sold at each price upon request.
Positive
- Transparent disclosure of insider transaction with price range and offer to provide per-trade breakdown on request
- Post-transaction ownership disclosed (37,424 shares), allowing investors to see remaining insider stake
Negative
- Insider sale of 34,568 shares could be viewed negatively by some investors as a director reducing holdings
- No indication in the Form 4 of a 10b5-1 plan or reason for the sale, so motive is not disclosed
Insights
TL;DR: A director executed a routine disclosure of a multi-trade sale totaling 34,568 shares at about $7.70 each.
The filing documents a clear, post-trade disclosure by a company director rather than a grant or purchase. The weighted-average sale price of $7.70 with a narrow $7.70–$7.72 range suggests the disposition occurred within a short time window. The remaining direct holding of 37,424 shares is disclosed, and the attorney-in-fact signature indicates an authorized filing. For investors, this is a compliance disclosure of insider selling; it does not on its own reveal motive, timing plan, or material company developments.
TL;DR: Form 4 shows compliant reporting of insider sales with documented price range and attorney-in-fact signature.
The report includes necessary elements: transaction date, transaction code 'S' for sale, number of shares sold, weighted-average price, post-transaction beneficial ownership, and an explanatory footnote on price ranges. The attorney-in-fact signature dated 08/20/2025 fulfills signature requirements. This filing is procedural and maintains transparency; it does not indicate corporate governance changes or leadership transitions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $0.001 per share | 34,568 | $7.70 | $266K |
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.70 to $7.72, inclusive. The reporting person undertakes to provide to N-able, Inc., any security holder of N-able, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (1) to this Form 4.
FAQ
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What did Ann S. Johnson report on Form 4 for NABL?
When was the Form 4 signed and by whom?
Does the Form 4 state if the sale was under a 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.
