--- schema_version: "secwatch.filing_event.v1" accession: "0001628280-21-014062" form_type: "8-K" ticker: "NABL" cik: "0001834488" company_name: "N-able, Inc." filed_at: "2021-07-20T23:59:59+00:00" generated_at: "2026-06-30T04:14:30.469491+00:00" event_type: "other_material" sentiment: "neutral" materiality_score: 0.85 calibrated_materiality_score: 0.85 confidence: "high" source: SEC EDGAR --- # N-able completes spin-off from SolarWinds; begins trading as independent public company under NABL ## Summary - Spin-off completed July 19, 2021; N-able shares trade on NYSE under NABL; SolarWinds stockholders received 1 N-able share per 2 SWI shares. - Entered into $350M term loan and $60M revolver with JPMorgan; proceeds used to repay SolarWinds. - Private placement of 20.6M shares at $10.91/share raised ~$225M gross; ~$216M net proceeds distributed to SolarWinds along with ~$16.5M from term loan. - Board reconstituted: Mike Bingle, William Bock (Chairman), Michael Hoffmann, Daryl Lewis, Cam McMartin, Kristin Nimsger, John Pagliuca, Michael Widmann. - Executive officers: John Pagliuca (CEO), Tim O'Brien (CFO), Mike Adler (CTO/CPO), Peter Anastos (GC), Frank Colletti (Sales), Kathleen Pai (CPO). ## SEC filing metadata - accession: 0001628280-21-014062 - form_type: 8-K - ticker: NABL - cik: 0001834488 - company_name: N-able, Inc. - filed_at: 2021-07-20T23:59:59+00:00 - event_type: other_material - sentiment: neutral - materiality_score: 0.85 - calibrated_materiality_score: 0.85 - confidence: high - sec_items: 1.01, 2.01, 2.03, 5.01, 5.02, 5.03, 8.01, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1834488/000162828021014062/0001628280-21-014062-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1834488/000162828021014062/n-ableincxclosing8xkx07162.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001628280-21-014062 - JSON: https://secwatch.observer/filing/0001628280-21-014062.json - Plain text: https://secwatch.observer/filing/0001628280-21-014062.txt ## Key facts - Executive change Daryl Lewis was appointed as Director at N-able, Inc.. - Action: appointed - Role: Director source text: the Board of Directors of the Company (the “Board”) was expanded and re-constituted to consist of Mike Bingle, William Bock, Michael Hoffmann, Daryl Lewis, Cam McMartin, Kristin Nimsger, John Pagliuca and Michael Widmann. evidence_url: https://www.sec.gov/Archives/edgar/data/1834488/000162828021014062/0001628280-21-014062-index.htm - Executive change Michael Widmann was appointed as Director at N-able, Inc.. - Action: appointed - Role: Director source text: the Board of Directors of the Company (the “Board”) was expanded and re-constituted to consist of Mike Bingle, William Bock, Michael Hoffmann, Daryl Lewis, Cam McMartin, Kristin Nimsger, John Pagliuca and Michael Widmann. evidence_url: https://www.sec.gov/Archives/edgar/data/1834488/000162828021014062/0001628280-21-014062-index.htm - Executive change Cam McMartin was appointed as Director at N-able, Inc.. - Action: appointed - Role: Director source text: the Board of Directors of the Company (the “Board”) was expanded and re-constituted to consist of Mike Bingle, William Bock, Michael Hoffmann, Daryl Lewis, Cam McMartin, Kristin Nimsger, John Pagliuca and Michael Widmann. evidence_url: https://www.sec.gov/Archives/edgar/data/1834488/000162828021014062/0001628280-21-014062-index.htm - Executive change John Pagliuca was appointed as President, Chief Executive Officer and Director at N-able, Inc.. - Action: appointed - Role: President, Chief Executive Officer and Director source text: the officers of the Company are the following: Name Position John Pagliuca President, Chief Executive Officer and Director evidence_url: https://www.sec.gov/Archives/edgar/data/1834488/000162828021014062/0001628280-21-014062-index.htm - Executive change Michael Hoffmann was appointed as Director at N-able, Inc.. - Action: appointed - Role: Director source text: the Board of Directors of the Company (the “Board”) was expanded and re-constituted to consist of Mike Bingle, William Bock, Michael Hoffmann, Daryl Lewis, Cam McMartin, Kristin Nimsger, John Pagliuca and Michael Widmann. evidence_url: https://www.sec.gov/Archives/edgar/data/1834488/000162828021014062/0001628280-21-014062-index.htm - Executive change Kristin Nimsger was appointed as Director at N-able, Inc.. - Action: appointed - Role: Director source text: the Board of Directors of the Company (the “Board”) was expanded and re-constituted to consist of Mike Bingle, William Bock, Michael Hoffmann, Daryl Lewis, Cam McMartin, Kristin Nimsger, John Pagliuca and Michael Widmann. evidence_url: https://www.sec.gov/Archives/edgar/data/1834488/000162828021014062/0001628280-21-014062-index.htm - Executive change J. Barton Kalsu resigned as Director at N-able, Inc.. - Action: resigned - Role: Director source text: Jason Bliss and J. Barton Kalsu resigned from their positions as members of the Board. evidence_url: https://www.sec.gov/Archives/edgar/data/1834488/000162828021014062/0001628280-21-014062-index.htm - Executive change John Pagliuca was appointed as Director at N-able, Inc.. - Action: appointed - Role: Director source text: the Board of Directors of the Company (the “Board”) was expanded and re-constituted to consist of Mike Bingle, William Bock, Michael Hoffmann, Daryl Lewis, Cam McMartin, Kristin Nimsger, John Pagliuca and Michael Widmann. evidence_url: https://www.sec.gov/Archives/edgar/data/1834488/000162828021014062/0001628280-21-014062-index.htm - Executive change Jason Bliss resigned as Director at N-able, Inc.. - Action: resigned - Role: Director source text: Jason Bliss and J. Barton Kalsu resigned from their positions as members of the Board. evidence_url: https://www.sec.gov/Archives/edgar/data/1834488/000162828021014062/0001628280-21-014062-index.htm - Executive change William Bock was appointed as Chairman of the Board at N-able, Inc.. - Action: appointed - Role: Chairman of the Board source text: William Bock will serve as Chairman of the Board evidence_url: https://www.sec.gov/Archives/edgar/data/1834488/000162828021014062/0001628280-21-014062-index.htm - Executive change Mike Bingle was appointed as Director at N-able, Inc.. - Action: appointed - Role: Director source text: the Board of Directors of the Company (the “Board”) was expanded and re-constituted to consist of Mike Bingle, William Bock, Michael Hoffmann, Daryl Lewis, Cam McMartin, Kristin Nimsger, John Pagliuca and Michael Widmann. evidence_url: https://www.sec.gov/Archives/edgar/data/1834488/000162828021014062/0001628280-21-014062-index.htm - Executive change William Bock was appointed as Director at N-able, Inc.. - Action: appointed - Role: Director source text: the Board of Directors of the Company (the “Board”) was expanded and re-constituted to consist of Mike Bingle, William Bock, Michael Hoffmann, Daryl Lewis, Cam McMartin, Kristin Nimsger, John Pagliuca and Michael Widmann. evidence_url: https://www.sec.gov/Archives/edgar/data/1834488/000162828021014062/0001628280-21-014062-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.