Nerdy (NRDY) chief legal officer sells 35,000 Class A shares
Rhea-AI Filing Summary
Nerdy Inc.'s Chief Legal Officer reported a sale of company stock. On 12/22/2025, the officer sold 35,000 shares of Nerdy Inc. Class A Common Stock in an open market transaction coded "S" (sale) at a weighted average price of $1.33 per share, with individual trade prices ranging from $1.21 to $1.37.
After this transaction, the officer beneficially owns a total of 1,455,383 shares, consisting of 1,060,861 shares of Class A Common Stock and 394,522 restricted stock units. The filing states that the shares were not sold as a result of any disagreement with the company and that the officer remains in his role at Nerdy Inc.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 35,000 | $1.33 | $47K |
Footnotes (1)
- The shares were not sold as a result of any disagreement with the Company, and Mr. Swenson remains an officer of the Company. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $1.21 to $1.37, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price at which the transactions were effected. Represents 1,060,861 shares of Class A Common Stock and 394,522 restricted stock units.
FAQ
What insider transaction did Nerdy (NRDY) report in this Form 4?
The Chief Legal Officer of Nerdy Inc. reported selling 35,000 shares of Class A Common Stock on 12/22/2025 in a transaction coded as a sale.
Did the insider sale at Nerdy (NRDY) relate to a dispute with the company?
No. The filing states that the shares were not sold as a result of any disagreement with the company, and the officer remains an officer of Nerdy Inc.
What is the role of the reporting person in Nerdy (NRDY)?
The reporting person is an officer of Nerdy Inc., serving as the company’s Chief Legal Officer.
Is the Nerdy (NRDY) Form 4 filed by a single reporting person?
Yes. The Form 4 indicates it is filed by one reporting person, not a group filing.