Pagliuca John 4

What Happened
John Pagliuca, President, CEO and a director of N‑able (NABL), had a total of 106,674 shares withheld to satisfy tax withholding obligations upon the vesting of equity awards. On 2026-02-15, 73,217 shares (performance stock units) were withheld at $5.35 each for $391,711, and 33,457 shares (restricted stock units) were withheld at $5.35 each for $178,995 — a combined value of approximately $570,706. These were disposals via tax withholding rather than open-market sales.

Key Details

• Transaction date: 2026-02-15; Form 4 filed: 2026-02-18 (appears timely).
• Share counts and values:
  • 73,217 shares withheld (PSUs) @ $5.35 = $391,711 (Footnote F1).
  • 33,457 shares withheld (RSUs) @ $5.35 = $178,995 (Footnote F2).
• Transaction code: F — payment of exercise price or tax liability (shares withheld).
• Shares owned after the transaction: not specified in the provided excerpt of the filing.
• These transactions are routine tax-withholding dispositions related to vesting, not open-market sales.

Context

• This was a cashless-like withholding of shares to cover taxes when equity awards vested (PSUs and RSUs). Such withholdings are common and do not necessarily indicate the insider’s view on the company’s stock.
• No purchases or option exercises for net new shares were reported in this filing — only shares surrendered/withheld to meet tax obligations.