Colletti Frank 4
4 · N-able, Inc. · Filed May 19, 2026
Research Summary
AI-generated summary of this filing
N-able (NABL) EVP Frank Colletti Withholds 7,521 Shares for Taxes
What Happened
Frank Colletti, Executive Vice President and Chief Revenue Officer of N‑able, had 7,521 shares withheld on May 15, 2026 to cover tax withholding obligations related to vested restricted stock units (RSUs). The withholding was reported at $3.32 per share for a total value of $24,970. This was an administrative disposal (tax withholding), not an open‑market sale.
Key Details
- Transaction date: 2026-05-15; Report filed: 2026-05-19.
- Withheld/disposed: 7,521 shares at $3.32 per share; total $24,970.
- Shares owned after transaction: not disclosed in the filing.
- Footnote: F1 — shares were withheld to satisfy tax withholding on RSU vesting.
- Transaction type: F (tax withholding on vested awards), an administrative disposition rather than a deliberate sale.
Context
Withholding shares to cover taxes on vesting RSUs is a routine administrative step and does not necessarily signal a change in insider sentiment. It reduces the insider’s share count by the withheld amount but is distinct from an open‑market sale.
Insider Transaction Report
- Tax Payment
Common Stock, par value $0.001 per share
[F1]2026-05-15$3.32/sh−7,521$24,970→ 553,402 total
Footnotes (1)
- [F1]Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of shares of restricted stock units.