Anastos Peter C 4
Research Summary
AI-generated summary
N-able (NABL) EVP Peter Anastos Receives RSU Award
What Happened
- Peter C. Anastos, Executive VP, General Counsel and Secretary of N-able, was granted 72,500 restricted stock units (RSUs) on February 25, 2026 (transaction code A). The award is reported at $0.00 per share because RSUs are a form of equity compensation that convert to one share of common stock each upon vesting. This is an award (compensation), not an open‑market purchase or sale.
Key Details
- Transaction date: 2026-02-25; Form 4 filed: 2026-02-27 (filing appears timely).
- Transaction type/code: A (award/grant); price reported: $0.00.
- Shares granted: 72,500 RSUs. Shares owned after transaction: not disclosed in the filing.
- Vesting (per footnote): RSUs convert 1:1 to common stock. Vesting: 25% on the anniversary of Feb 15, 2026, then 6.25% each quarter over the following 12 quarters (vesting dates: May 15, Aug 15, Nov 15, Feb 15).
- No immediate cash received and no sale occurred; these RSUs only become stock if/when they vest and are not evidence of a market purchase.
Context
- RSU grants are routine executive compensation and do not necessarily signal insider buying or selling sentiment. They simply represent potential future shares if the reporting person remains in service through the vesting dates. If the executive departs before vesting, unvested RSUs are typically forfeited per plan terms.