STOCK TITAN

N-able (NYSE: NABL) EVP awarded 69,062 performance stock units and withholds shares for taxes

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

Rhea-AI Filing Summary

N-able, Inc. executive vice president and chief technology product officer Michael I. Adler reported equity compensation and related tax withholding transactions in company common stock. On February 4, 2026, he was awarded 69,062 performance stock units at $0 per share under the 2021 Equity Incentive Plan after performance criteria were met.

Each performance stock unit entitles him to one share of common stock upon vesting, in three equal installments on February 4, 2026, February 15, 2027, and February 15, 2028, subject to continued service. On the same date, 7,976 shares were withheld at $5.59 per share to satisfy tax obligations tied to vesting. After these transactions, Adler directly owns 523,540 shares of N-able common stock.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED 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*
Adler Michael I

(Last) (First) (Middle)
30 CORPORATE DR., SUITE 400

(Street)
BURLINGTON MA 01803

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
N-able, Inc. [ NABL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, CTPO
3. Date of Earliest Transaction (Month/Day/Year)
02/04/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock, par value $0.001 per share 02/04/2026 A 69,062(1) A $0 531,516 D
Common Stock, par value $0.001 per share 02/04/2026 F 7,976(2) D $5.59 523,540 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents performance stock units awarded pursuant to the issuer's 2021 Equity Incentive Plan for which performance criteria has been satisfied that entitle the reporting person to receive one share of the issuer's common stock per performance stock unit upon vesting. The performance stock units vest in three equal installments on each of February 4, 2026, February 15, 2027 and February 15, 2028, subject to continued service through each applicable date.
2. Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of shares of performance stock units.
Remarks:
/s/ Kate Salley, Attorney-in-Fact for Michael Adler 02/06/2026
** Signature of Reporting Person Date
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.

FAQ

What insider transactions did N-able (NABL) report for Michael Adler?

N-able reported that EVP and CTPO Michael I. Adler received 69,062 performance stock units on February 4, 2026, and had 7,976 shares withheld at $5.59 per share for taxes. After these transactions, he directly owned 523,540 shares of N-able common stock.

How many performance stock units did N-able grant to Michael Adler?

Michael Adler was granted 69,062 performance stock units at $0 per share under N-able’s 2021 Equity Incentive Plan. Each unit corresponds to one share of common stock, subject to vesting in three equal installments in 2026, 2027, and 2028, assuming continued service.

What is the vesting schedule for Michael Adler’s N-able performance stock units?

Adler’s 69,062 performance stock units vest in three equal installments. Vesting dates are February 4, 2026, February 15, 2027, and February 15, 2028. Each vested unit converts into one share of N-able common stock, contingent on his continued service through each vesting date.

Why were 7,976 N-able shares withheld in Michael Adler’s Form 4?

The 7,976 N-able shares were withheld to cover tax withholding obligations related to the vesting of performance stock units. These shares were treated as disposed of at $5.59 per share, reducing the net shares delivered while satisfying Adler’s tax liabilities on the vested awards.

How many N-able shares does Michael Adler own after these transactions?

Following the reported grant and tax withholding transactions, Michael Adler directly owns 523,540 shares of N-able common stock. This figure reflects the new performance-based award, the shares withheld for taxes, and his resulting beneficial ownership after the February 4, 2026 transactions.

What equity plan governs Michael Adler’s new N-able performance stock units?

The performance stock units granted to Michael Adler were issued under N-able’s 2021 Equity Incentive Plan. The filing states that performance criteria have been satisfied, and the units will convert into common shares upon vesting, assuming he remains in service through each vesting date.
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