Colletti Frank 4

What Happened

• Frank Colletti, EVP and Chief Revenue Officer of N‑able, was granted 70,000 restricted stock units (RSUs) on February 25, 2026. The grant was recorded as an award/acquisition (code A) at $0.00 per unit, so there was no immediate cash exchanged.

Key Details

• Transaction date and price: 2026-02-25; 70,000 RSUs @ $0.00 (total purchase price $0).
• Shares owned after transaction: Not specified in this Form 4 filing.
• Vesting/footnote: The RSUs convert to one share each upon vesting. Vesting schedule — 25% vests on the anniversary of February 15, 2026, then 6.25% per quarter over the following 12 quarters on May 15, Aug 15, Nov 15 and Feb 15, subject to continued service.
• Filing timeliness: Report filed 2026-02-27 for a 2026-02-25 grant, which is timely under normal Form 4 rules.

Context

• RSU grants are a form of compensation and do not represent an immediate market purchase or sale; they become shares only as they vest. Such awards are common for executive compensation and should be viewed as part of pay and retention practices rather than a direct insider buy/sell signal.