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.
Positive
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 18,457 | $1.01 | $19K |
Footnotes (2)
- F1. Open market sale of shares to cover taxes due as a result of the vesting of 50,000 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 federal and state tax withholding obligations of the Reporting Person resulting from the vesting and settlement of RSUs.
- F2. Represents 31,543 shares of Class A Common Stock and 550,000 restricted stock units.
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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..
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.