N-able files amended 8-K detailing ex-CRO Colletti separation terms, including CAN$ 373,375 payment

Reuters2026/07/24 20:30

By:Reuters

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N-Able amended a July 13 Form 8-K to disclose separation terms for former Chief Revenue Officer Frank Colletti, effective July 9, 2026.
Agreement keeps him employed through Feb. 28, 2027, with base salary and benefits continuing through that date despite being relieved of duties.
Severance includes a CAN$ 373,375 lump sum post-employment, a CAN$ 304,500 target-bonus payment due by Oct. 31, 2026.
Health and dental benefits extend until Jan. 9, 2028, subject to earlier termination if he starts other employment or service.
Change-in-control protection applies for deals effective on or before Dec. 31, 2026, with benefits contingent on a release of claims.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. N-Able Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001834488-26-000040), on July 24, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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N-able files amended 8-K detailing ex-CRO Colletti separation terms, including CAN$ 373,375 payment

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