N-able (NYSE: NABL) EVP awarded 69,062 performance stock units and withholds shares for taxes
Filing Impact
Filing Sentiment
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.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Adler Michael I
Role
EVP, CTPO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.001 per share | 69,062 | $0.00 | -- |
| Tax Withholding | Common Stock, par value $0.001 per share | 7,976 | $5.59 | $45K |
Holdings After Transaction:
Common Stock, par value $0.001 per share — 531,516 shares (Direct)
Footnotes (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. Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of shares of performance stock units.
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.
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.