Adler Michael I 4

What Happened

• Michael I. Adler, EVP & CTPO of N‑able, Inc. (NABL), was granted 110,000 restricted stock units (RSUs) on Feb 25, 2026. The Form 4 reports an acquisition at $0.00 per share (standard for RSU grants); these RSUs convert into common shares upon vesting rather than representing an immediate cash purchase or sale.

Key Details

• Transaction date: 2026-02-25; filing date (Form 4): 2026-02-27 (timely; Form 4s are typically due within two business days).
• Award size/price: 110,000 RSUs at $0.00 per share as reported.
• Shares owned after transaction: Not specified in the filing.
• Footnote (vesting): RSUs granted under the 2021 Equity Incentive Plan. Vesting: 25% on the Feb 15, 2026 anniversary, then 6.25% each quarter over the following 12 quarters (May 15, Aug 15, Nov 15, Feb 15), subject to continued service through each vesting date.
• Transaction code: A = Award/Grant.

Context

• RSUs represent a promise to deliver shares in the future as they vest; they are a form of compensation and do not indicate an immediate market purchase or sale. This is a routine equity grant to an executive and should be viewed as compensation-related rather than a direct bullish or bearish trading signal.