Pai Kathleen 4
Research Summary
AI-generated summary
N-able (NABL) EVP Kathleen Pai Withholds 2,669 Shares for Taxes
What Happened
- Kathleen Pai, Executive Vice President & Chief People Officer of N-able, had 2,669 shares withheld to satisfy tax withholding obligations tied to the vesting of restricted stock units (RSUs). The withholding was recorded as a disposition at $3.32 per share, totaling approximately $8,861. This is a tax-withholding/cashless settlement action, not an open-market sale.
Key Details
- Transaction date: 2026-05-15; Filing date (Form 4): 2026-05-19 (timely filed)
- Price: $3.32 per share; Shares involved: 2,669; Total value: ~$8,861
- Shares owned after transaction: not specified in this Form 4
- Footnote: F1 — shares were withheld to satisfy tax withholding obligations in connection with vesting of RSUs
- Transaction type code: F (tax withholding / payment of tax liability)
Context
- This is a routine tax-withholding event that occurs when RSUs vest and the company withholds a portion of shares to cover taxes. It should not be interpreted the same as a deliberate open-market sale or purchase and typically does not signal a change in insider sentiment.