O'Brien Tim James 4

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.