Pagliuca John 4

What Happened

• John Pagliuca, President & CEO and a director of N-able, received 203,124 shares on February 4, 2026 as the vesting of performance stock units (acquired at $0.00). Simultaneously, 21,209 shares were disposed (withheld) to satisfy tax withholding obligations at $5.59 per share, generating proceeds of $118,558.
• This was an award/vesting of performance stock units (a non‑purchase, generally neutral/compensation event) with a routine withholding sale to cover taxes — not an open‑market sell motivated by cashing out.

Key Details

• Transaction date: February 4, 2026; Form 4 filed February 6, 2026 (timely filing).
• Award: 203,124 shares granted/issued at $0.00 (performance stock units vesting).
• Withholding: 21,209 shares withheld/disposed at $5.59 for $118,558 to cover taxes.
• Footnotes: F1 = these are performance stock units under the 2021 Equity Incentive Plan that vest in three equal installments (first on Feb 4, 2026; next on Feb 15, 2027 and Feb 15, 2028) subject to continued service. F2 = the 21,209 shares were withheld to satisfy tax withholding.
• Shares owned after the transaction are not specified in the provided filing excerpt.

Context

• This was a compensation vesting event (PSUs) rather than an open‑market purchase or a discretionary sale — withholding shares to cover taxes is common and does not necessarily indicate management sentiment about the stock.
• Not an exercise of options for cash nor a 10% owner transaction; simply a scheduled vesting with standard tax withholding.