Stagno Christopher 4

What Happened

• Christopher Stagno, Chief Accounting Officer of N-able (NABL), received 20,311 shares on February 4, 2026 as the result of performance stock units vesting (code A — award/acquisition). No cash was paid for these shares (reported price $0.00).
• Simultaneously, 2,345 shares were disposed (code F) to satisfy tax withholding obligations at $5.59 per share, generating proceeds of $13,109. This withholding sale is a routine tax-related disposition and not a market sale for investment purposes.

Key Details

• Transaction date: February 4, 2026; Form 4 filed February 6, 2026 (appears timely).
• Award: 20,311 shares reported as acquired (A) at $0.00 per share.
• Tax withholding: 2,345 shares disposed (F) at $5.59 per share for $13,109 to cover taxes.
• Shares owned after transaction: Not disclosed in the provided filing details.
• Footnotes: F1 = these were performance stock units (PSUs) for which performance criteria were met; PSUs vest in three equal installments (Feb 4, 2026; Feb 15, 2027; Feb 15, 2028). F2 = the 2,345 shares were withheld to satisfy tax withholding on vesting.

Context

• This transaction reflects vested equity compensation (PSUs) rather than an open-market purchase or a discretionary sale; the withholding of shares for taxes is a common administrative step and does not necessarily signal a change in insider sentiment.
• Because these were PSU vesting events (not option exercises followed by sales), the key takeaway for investors is that compensation-based shares were issued and a portion was withheld for taxes per company policy.