N-able (NABL) director awarded 52,173 restricted stock units in Form 4 filing
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BOCK WILLIAM G reported acquisition or exercise transactions in this Form 4 filing.
N-able, Inc. reported that director William G. Bock received a grant of restricted stock units as part of the company’s non-employee director compensation program. The award covers 52,173 restricted stock units, each entitling him to one share of common stock upon vesting.
The restricted stock units vest in full on the day immediately preceding N-able’s next annual meeting of stockholders following the grant date, as long as Bock continues to serve as a director through that date. After this grant, he holds a total of 168,006 shares of common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BOCK WILLIAM G
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.001 per share | 52,173 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.001 per share — 168,006 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 52,173 units
Grant price per share: $0.0000 per share
Total shares after grant: 168,006 shares
+2 more
5 metrics
RSUs granted
52,173 units
Restricted stock unit award on May 28, 2026
Grant price per share
$0.0000 per share
Compensation grant, no cash payment
Total shares after grant
168,006 shares
Common stock held directly by William G. Bock
Security type
Common Stock, $0.001 par value
Underlying security for RSU award
Transaction code
A (grant/award acquisition)
Indicates compensation-related share acquisition
Key Terms
restricted stock units, non-employee director compensation program, vesting, annual meeting of stockholders, +1 more
5 terms
restricted stock units financial
"Represents restricted stock units awarded as part of the Issuer's non-employee director compensation program"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
non-employee director compensation program financial
"awarded as part of the Issuer's non-employee director compensation program"
vesting financial
"entitle the reporting person to receive one share of the Issuer's common stock per restricted stock unit upon vesting"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
annual meeting of stockholders financial
"vest in full on the day immediately preceding the Company's next annual meeting of stockholders"
beneficially owns financial
"After this grant, he holds a total of 168,006 shares of common stock directly"
Beneficially owns means a person or entity enjoys the economic benefits and control of a security even if the legal title or registration is held in another name. Think of it like having the keys and profits from a car that is registered to a friend: you use it, benefit from it, and make decisions about it even though the official paperwork lists someone else. For investors, this matters because it reveals who truly controls shares, affects voting power, potential conflicts of interest, and regulatory disclosure obligations.
FAQ
What insider transaction did N-able (NABL) disclose for William G. Bock?
N-able disclosed that director William G. Bock received 52,173 restricted stock units as a compensation grant. Each unit represents one share of common stock that will be issued when the award vests under the company’s non-employee director compensation program.
Is the N-able (NABL) transaction an open-market purchase or a grant?
The transaction is a grant of restricted stock units, not an open-market share purchase. It is categorized as a compensation-related award with a transaction code "A," meaning grant, award, or other acquisition rather than a discretionary buy in the market.
When do William G. Bock’s restricted stock units at N-able (NABL) vest?
The restricted stock units vest in full on the day immediately preceding N-able’s next annual meeting of stockholders. Vesting is conditioned on Bock’s continued service as a director through that date, according to the compensation program’s terms.
What does transaction code "A" mean in the N-able (NABL) Form 4 filing?
Transaction code "A" in this Form 4 indicates a grant, award, or other acquisition of securities rather than a market trade. In Bock’s case, it reflects restricted stock units granted under N-able’s non-employee director compensation program at no cash cost per share.