N-able files amended 8-K detailing ex-CRO Colletti separation terms, including CAN$ 373,375 payment
NABL•Amended filing discloses Colletti separation terms
- N-able amended a July 13 Form 8-K to disclose separation terms for former Chief Revenue Officer Frank Colletti, effective July 9, 2026.
- The 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 payment and 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.
