Nerdy CFO sells 2,355 shares to cover vesting taxes
The automatic sale covered tax withholding tied to the vesting of 8,334 restricted stock units.
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Rhea-AI Filing Summary
Atul Madan Mohan Bagga, Nerdy Inc.'s Chief Financial Officer, had 2,355 Class A common shares automatically sold on October 16, 2026, at $5.98 per share through the issuer's sell-to-cover program. The sale satisfied tax withholding tied to vesting of 8,334 restricted stock units. The reported post-transaction amount was 95,215, described as 11,883 Class A shares and 83,332 restricted stock units. No Rule 10b5-1 plan is reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2 | 2,355 | $5.98 | $14K |
Footnotes (2)
- F1. Open market sale of shares to cover taxes due as a result of the vesting of 8,334 restricted stock units. All of the shares reported as disposed of in this Form 4 were automatically sold pursuant to the Issuer's sell-to-cover program to satisfy tax withholding obligations of the Reporting Person resulting from the vesting and settlement of RSUs.
- F2. Represents 11,883 shares of Class A Common Stock and 83,332 restricted stock units. On August 19, 2026, the Issuer effected a 1-for-15 reverse stock split of its common stock. The number of shares reported reflects the reverse stock split
Key Figures
Key Terms
sell-to-cover program financial
restricted stock units financial
reverse stock split financial
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