O'Brien Tim James 4
4 · N-able, Inc. · Filed Feb 6, 2026
Research Summary
AI-generated summary of this filing
NABL CFO Tim O'Brien Receives Award; Shares Withheld for Taxes
What Happened
Tim O'Brien, Chief Financial Officer of N‑able, received 91,405 shares on February 4, 2026 upon the vesting of performance stock units (PSUs). The award is reported at $0 per share because these were vested PSUs rather than a market purchase. To cover tax withholding on the vested award, 10,346 shares were withheld (disposed) at an implied value of $5.59 per share, totaling about $57,834. Net shares delivered to O'Brien after withholding were 81,059 shares.
Key Details
- Transaction dates: February 4, 2026 (vested award and tax withholding). Filing date: February 6, 2026 (appears timely).
- Award: 91,405 shares acquired (code A) at $0.00 per share (vesting of PSUs).
- Withholding: 10,346 shares withheld to satisfy tax liability (code F) at $5.59 per share = $57,834.
- Net shares received after withholding: 81,059 shares.
- Footnotes: PSUs were awarded under the 2021 Equity Incentive Plan; performance criteria were met. Vesting is in three equal installments (Feb 4, 2026; Feb 15, 2027; Feb 15, 2028), subject to continued service.
- Filing timeliness: Form filed Feb 6, 2026 reporting Feb 4 transactions; no late filing flag noted in the provided filing.
Context
This was not an open‑market sale or insider purchase—it's compensation-related vesting of performance shares. The withholding of shares to cover taxes is a routine administrative action and does not by itself indicate a decision to sell shares for investment reasons. Remaining PSU installments will vest on the dates above only if performance and service conditions continue to be met.
Insider Transaction Report
- Award
Common Stock, par value $0.001 per share
[F1]2026-02-04+91,405→ 688,579 total - Tax Payment
Common Stock, par value $0.001 per share
[F2]2026-02-04$5.59/sh−10,346$57,834→ 678,233 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.