O'Brien Tim James 4
Research Summary
AI-generated summary
N-able (NABL) CFO Tim O’Brien Withholds 9,713 Shares for Taxes
What Happened
Tim O’Brien, Chief Financial Officer of N-able, had 9,713 shares withheld to satisfy tax withholding obligations tied to the vesting of restricted stock units. The withholding was reported as a disposition at $3.32 per share, equal to roughly $32,247 in value on May 15, 2026. This transaction is a routine tax-related withholding (not a discretionary sale or purchase).
Key Details
- Transaction date: 2026-05-15
- Report filed with SEC: 2026-05-19 (four days after the transaction)
- Price per share: $3.32
- Shares withheld/disposed: 9,713
- Total value: ~$32,247
- Shares owned after transaction: not specified in the filing
- Footnote: F1 — shares were withheld to satisfy tax withholding obligations associated with RSU vesting
- Filing timeliness: filing occurred 4 days after the transaction; typical Form 4 reporting window is two business days, so this appears later than usual
Context
Code F (tax withholding) transactions are routine and reflect the company withholding a portion of vested shares to cover payroll taxes; they generally do not signal executive buying or selling intent. The reported amount is modest in dollar terms (~$32k) relative to typical insider trades and should be viewed as administrative rather than a market sentiment indicator.