N-able Insider Peter Anastos Withholds 5,047 Shares for Taxes

Rhea-AI Filing Summary

The Form 4 shows that Peter C. Anastos, EVP, General Counsel and Secretary of N-able, Inc. (NABL), disposed of 5,047 shares of N-able common stock on 08/15/2025 at a reported price of $7.64 per share. The filing states these shares were withheld to satisfy tax withholding obligations related to the vesting of restricted stock units. After the withholding, Mr. Anastos beneficially owns 373,019 shares directly. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person.

Insights

Financial Analyst

TL;DR: Routine tax-withholding sale of vested RSUs by an insider; modest share reduction that is not likely material to valuation.

The transaction is disclosed as a disposition of 5,047 shares at $7.64 to satisfy tax withholding on vested restricted stock units. This is a non-cash compensation-related event rather than a voluntary open-market sale for liquidity. The remaining direct beneficial ownership of 373,019 shares should be considered in the context of outstanding shares when assessing potential insider alignment, but the Form 4 itself shows no new pattern of opportunistic selling.

Corporate Governance Expert

TL;DR: Administrative withholding action tied to compensation; governance disclosure appears complete and timely in form.

The filing identifies the reporting person’s role and the nature of the transaction (shares withheld for tax obligations on RSU vesting). The statement was executed by an attorney-in-fact, and the explanation clarifies the withholding purpose. There are no indications of additional related-party transactions or programmatic trading under Rule 10b5-1 disclosed in this Form 4.

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^*

Anastos Peter C

(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, GC, Secretary

3. Date of Earliest Transaction (Month/Day/Year)
08/15/2025

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	08/15/2025		F		5,047(1)	D	$7.64	373,019	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 restricted stock units.

Remarks:

	/s/ Kate Salley, Attorney-in-Fact for Peter Anastos	08/19/2025
	** 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 did Peter C. Anastos report on Form 4 for NABL?

The Form 4 reports a disposition of 5,047 shares on 08/15/2025 at $7.64 per share, withheld to satisfy tax obligations from RSU vesting.

How many NABL shares does Peter C. Anastos own after the transaction?

Following the reported withholding, Mr. Anastos beneficially owns 373,019 shares directly.

Was the Form 4 transaction a market sale or tax withholding?

The filing explicitly states the shares were withheld to satisfy tax withholding obligations related to restricted stock unit vesting.

Does the Form 4 indicate a trading plan (Rule 10b5-1)?

The Form 4 does not indicate that this transaction was made pursuant to a Rule 10b5-1 trading plan.

Who signed the Form 4 for Peter C. Anastos?

The signature block shows the form was signed by Kate Salley, Attorney-in-Fact for Peter Anastos on 08/19/2025.