N-able (NABL) EVP withholds shares to cover equity award taxes

Rhea-AI Filing Summary

N-able, Inc. executive Michael I. Adler reported two tax-related share dispositions tied to equity vesting. On February 15, 2026, a total of 23,557 common shares were withheld at $5.35 per share to satisfy tax obligations from vesting performance stock units and restricted stock units. After these transactions, Adler directly owned 499,983 common shares of N-able.

Insights

Equity Compensation Analyst

Routine tax withholding from vested equity; no open‑market selling.

Executive Michael I. Adler, EVP and CTPO of N-able, Inc., reported two Form 4 transactions coded "F" on February 15, 2026. In total, 23,557 common shares at $5.35 per share were withheld to cover tax liabilities from vesting stock awards.

Footnotes clarify these were shares withheld in connection with vesting of performance stock units and restricted stock units, not discretionary market sales. Following the dispositions, Adler directly held 499,983 common shares. These transactions are typical for equity compensation and do not, by themselves, signal a change in sentiment.

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

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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)
02/15/2026

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	02/15/2026		F		13,468(1)	D	$5.35	510,072	D
Common Stock, par value $0.001 per share	02/15/2026		F		10,089(2)	D	$5.35	499,983	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 shares withheld to satisfy tax withholding obligations in connection with the vesting of shares of performance stock units.

2. Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of shares of restricted stock units.

Remarks:

	/s/ Kate Salley, Attorney-in-Fact for Michael Adler	02/18/2026
	** 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 had 23,557 common shares withheld on February 15, 2026. These shares satisfied tax obligations from vesting performance stock units and restricted stock units, rather than representing open-market stock sales.

Was the N-able (NABL) Form 4 a stock sale by the executive?

No, the Form 4 shows tax-withholding dispositions, not open-market sales. Shares were automatically withheld at vesting of performance stock units and restricted stock units to pay tax liabilities, which is a common administrative feature of equity compensation plans.

How many N-able (NABL) shares were involved in the tax withholding?

The filing reports 13,468 shares and 10,089 shares withheld, totaling 23,557 common shares. Both transactions were priced at $5.35 per share and were coded “F” for payment of tax liabilities by delivering securities.

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

After the reported tax-withholding dispositions, Michael I. Adler directly owns 499,983 shares of N-able common stock. This figure reflects his remaining direct holdings following the automatic share withholdings for equity award tax obligations.

What do the Form 4 footnotes say about the N-able (NABL) transactions?

Footnotes explain that one transaction represents shares withheld for tax obligations on vesting performance stock units, and the other represents shares withheld for tax obligations on vesting restricted stock units. Both clarify the non-discretionary, tax-related nature of the dispositions.

What does transaction code F mean in the N-able (NABL) Form 4?

Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this case, it reflects N-able common shares withheld from Michael Adler’s vested stock awards to satisfy tax withholding requirements, rather than shares sold in the open market.