Pagliuca John 4

What Happened
John Pagliuca, President & CEO and a director of N-able, had 21,323 shares withheld to satisfy tax withholding obligations tied to the vesting of restricted stock units. The shares were valued at $3.32 each, for a total of $70,792. This was a tax-withholding disposition (code F), not an open-market sale.

Key Details

• Transaction date: 2026-05-15; Filing date: 2026-05-19 (filed one business day after the 2‑business‑day Form 4 deadline).
• Price per share: $3.32; Shares withheld/disposed: 21,323; Total value: $70,792.
• Shares owned after transaction: not specified in the provided filing extract.
• Footnote: F1 — shares were withheld to satisfy tax withholding on RSU vesting.
• Transaction type: tax withholding on vesting (routine, code F), not a purchase or market sale.

Context
Withholding shares to cover taxes on vested RSUs is a common administrative action and does not necessarily indicate a change in the insider’s view of the company. This is a disposal for tax purposes rather than an intentional liquidity-driven sale.