Adler Michael I 4

What Happened Michael I. Adler, Executive Vice President and Chief Technology & Product Officer of N-able (NABL), had 23,557 shares withheld to satisfy tax withholding obligations related to the vesting of equity awards. The filing shows two withholdings on Feb 15, 2026: 13,468 shares at $5.35 each ($72,054) and 10,089 shares at $5.35 each ($53,976), for a combined value of approximately $126,030. This was a withholding (tax-coverage) disposition tied to vesting of equity, not an open-market sale or purchase.

Key Details

• Transaction date: 2026-02-15; Form 4 filed: 2026-02-18.
• Withheld shares and values: 13,468 @ $5.35 = $72,054; 10,089 @ $5.35 = $53,976; total 23,557 shares, ~$126,030.
• Shares owned after transaction: Not reported in the supplied filing excerpt.
• Footnotes from the filing:
  • F1: Shares withheld to satisfy tax withholding for performance stock units (PSUs).
  • F2: Shares withheld to satisfy tax withholding for restricted stock units (RSUs).
• Transaction type: Tax withholding / share surrender (code F in Form 4); not indicated as a late filing in the provided data.

Context Withholding shares to cover taxes on vested RSUs/PSUs is a common, administrative corporate action and does not necessarily signal the insider's view of the company's stock. These transactions reduce the insider’s outstanding share count but are distinct from open-market sales or purchases.