N-able, Inc.|4Feb 6, 4:07 PM ET

Adler Michael I 4

4 · N-able, Inc. · Filed Feb 6, 2026

AI-generated summary of this filing

Updated Feb 6, 2026

N-able EVP Michael Adler Receives 69,062-Share Award

What Happened

Michael I. Adler, Executive Vice President & Chief Technology Product Officer of N‑able, received 69,062 shares on Feb 4, 2026 as performance stock units that vested. The Form 4 records the award acquisition at $0.00 per share (code A).
To satisfy tax withholding obligations related to the vesting, 7,976 shares were surrendered/withheld (code F) at a reported per‑share price of $5.59, yielding $44,586 in withholding. Net shares delivered to Adler from this vesting event were 61,086 (69,062 granted minus 7,976 withheld).

Key Details

Transaction date: 2026-02-04; Form 4 filed 2026-02-06 (no late filing indicated).
Award: 69,062 performance stock units vested (recorded acquisition price $0.00).
Tax withholding: 7,976 shares withheld at $5.59/share for $44,586 (reported as disposal to satisfy tax obligations).
Shares owned after transaction: Not specified in the provided filing.
Footnotes:
- F1: These were performance stock units under the 2021 Equity Incentive Plan; vesting satisfied for the first tranche (vest schedule: Feb 4, 2026; Feb 15, 2027; Feb 15, 2028, subject to continued service).
- F2: Withheld shares were used to cover tax withholding on the vested PSUs.

Context

This was an award/vesting event (compensation), not an open‑market purchase or sale. The withholding of shares to cover taxes is a routine cashless settlement practice and does not necessarily signal a change in the insider’s view of the company.

Form 4

Period: 2026-02-04

EVP, CTPO

Transactions

Award
Common Stock, par value $0.001 per share
[F1]
2026-02-04+69,062→ 531,516 total
Tax Payment
Common Stock, par value $0.001 per share
[F2]
2026-02-04$5.59/sh−7,976$44,586→ 523,540 total

Footnotes (2)

[F1]Represents performance stock units awarded pursuant to the issuer's 2021 Equity Incentive Plan for which performance criteria has been satisfied that entitle the reporting person to receive one share of the issuer's common stock per performance stock unit upon vesting. The performance stock units vest in three equal installments on each of February 4, 2026, February 15, 2027 and February 15, 2028, subject to continued service through each applicable date.
[F2]Represents shares withheld to satisfy tax withholding obligations in connection with the vesting of shares of performance stock units.

Signature

/s/ Kate Salley, Attorney-in-Fact for Michael Adler|2026-02-06

1 file