Nerdy Inc. (NRDY) COO sells shares to cover taxes from 50,000 RSUs
Rhea-AI Filing Summary
Nerdy Inc. Chief Operating Officer John Andrew Paszterko reported an open-market sale of 18,457 shares of Class A Common Stock on January 16, 2026 at $1.01 per share. According to the disclosure, these shares were automatically sold under the company’s sell-to-cover program to pay federal and state taxes triggered by the vesting and settlement of 50,000 restricted stock units (RSUs).
After this tax-related sale, Paszterko beneficially owns 581,543 shares, consisting of 31,543 shares of Class A Common Stock and 550,000 RSUs.
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FAQ
Who is the insider involved in this Nerdy Inc. (NRDY) Form 4 filing?
The filing reports transactions by John Andrew Paszterko, who serves as Chief Operating Officer of Nerdy Inc..
How many Nerdy Inc. (NRDY) shares did the COO sell and at what price?
The Chief Operating Officer sold 18,457 shares of Class A Common Stock at a price of $1.01 per share on January 16, 2026.
Why did the Nerdy Inc. (NRDY) COO sell 18,457 shares?
The sale was an open market transaction executed to cover taxes due from the vesting of 50,000 restricted stock units, under the issuer’s sell-to-cover program for tax withholding.
How many Nerdy Inc. (NRDY) shares does the COO own after this transaction?
Following the reported transaction, the COO beneficially owns 581,543 shares, made up of 31,543 shares of Class A Common Stock and 550,000 restricted stock units.
Is the Nerdy Inc. (NRDY) COO’s ownership direct or through another entity?
The Form 4 lists the ownership form as direct (D), with no separate entity or indirect ownership structure disclosed in the provided content.
What triggered the tax obligation leading to the Nerdy Inc. (NRDY) share sale?
The tax obligation arose from the vesting and settlement of 50,000 RSUs, and all shares sold were used to satisfy federal and state tax withholding requirements.