O'Brien Tim James 4

What Happened

• Tim O'Brien, Chief Financial Officer of N-able, was granted 142,500 restricted stock units (RSUs) on 2026-02-25. The grant price recorded on the Form 4 is $0.00 (award), meaning no cash purchase; the filing shows an acquisition by award (code A).
• The RSUs do not immediately convert to shares or proceeds — they will convert to one share of common stock per RSU as they vest under the company plan. The Form 4 lists $0 as the transaction value because this was an equity award rather than a market purchase.

Key Details

• Transaction date: 2026-02-25; Form 4 filed: 2026-02-27 (filed two days after the transaction).
• Transaction type/code: Award/Grant (A); reported acquisition of 142,500 RSUs at $0.00.
• Shares owned after transaction: Not specified in the information provided on the summary (noted as not reported here).
• Footnote: These are RSUs under the issuer's 2021 Equity Incentive Plan. Vesting: 25% on the anniversary of February 15, 2026, then 6.25% per quarter over the following twelve quarters (May 15, Aug 15, Nov 15, Feb 15 dates), subject to continued service through each vesting date.
• Timeliness: Filing appears timely (filed 2 days after the grant).

Context

• RSU awards are common compensation for executives. They are not an open-market purchase or sale and therefore are not a direct buy/sell signal; they convert to shares only as they vest and are typically taxable as ordinary income at vesting.
• This grant increases Mr. O'Brien’s potential future share holdings if he remains with the company through the vesting schedule; it does not represent an immediate cash transaction or share sale.