Colletti Frank 4

What Happened
Frank Colletti, Executive Vice President and Chief Revenue Officer of N‑able, had a total of 44,127 shares withheld to satisfy tax withholding obligations connected with equity vesting. The filing shows 26,069 shares withheld at $5.35 each (value $139,469) and 18,058 shares withheld at $5.35 each (value $96,610), for a combined value of $236,079. These are dispositions (shares withheld), not open‑market sales or purchases.

Key Details

• Transaction date: 2026-02-15 (both withholding events); Reported (filed) on 2026-02-18.
• Price per share: $5.35 for both lots.
• Shares withheld/disposed: 26,069 (F) and 18,058 (F), total 44,127.
• Total value withheld: $139,469 and $96,610, combined ~$236,079.
• Shares owned after transaction: Not stated in the provided excerpt of the Form 4 — see full filing for post-transaction holdings.
• Footnotes: F1 = shares withheld to satisfy tax withholding for performance stock units (PSUs); F2 = shares withheld to satisfy tax withholding for restricted stock units (RSUs).
• Timeliness: Filing reports trades from 2/15 on 2/18; check the full Form 4 for any timeliness flag.

Context
This was a routine tax‑withholding disposition tied to the vesting of equity awards (PSUs and RSUs). Withholding or “cashless” share retention to cover taxes is common and does not necessarily signal the insider’s view on the company’s stock—unlike open‑market purchases, these transactions are administrative in nature.