Pai Kathleen 4

What Happened

• Kathleen Pai, EVP and Chief People Officer of N-able (NABL), received 50,780 shares on February 4, 2026 as the vesting of performance stock units (PSUs). The award is reported as an acquisition at $0.00 per share (these were granted/vested, not purchased).
• To satisfy tax withholding on the vesting, 5,018 of those shares were withheld (disposed) at $5.59 per share, a total withholding value of $28,051.

Key Details

• Transaction dates and prices:
  • Feb 4, 2026 — Award/acquisition: 50,780 shares @ $0.00 (code A).
  • Feb 4, 2026 — Tax withholding: 5,018 shares @ $5.59 (code F) = $28,051.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes:
  • F1: These were performance stock units under the 2021 Equity Incentive Plan; performance criteria were met and entitle one share per PSU upon vesting. The PSU award vests in three equal installments: Feb 4, 2026; Feb 15, 2027; Feb 15, 2028.
  • F2: The 5,018 shares were withheld to satisfy tax withholding obligations on the vested shares.
• Filing: Report filed Feb 6, 2026 for transactions on Feb 4, 2026 (no late filing flag noted in the information provided).

Context

• This was not an open-market purchase or a sale for investment reasons but the vesting of performance-based equity compensation; the $0 price for the award indicates receipt of vested units rather than an out-of-pocket purchase.
• The withheld shares to cover taxes are a routine administrative step (similar to a cashless withholding) and do not necessarily indicate a change in insider sentiment.