[Form 4] Nerdy Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Nerdy Inc. Chief Operating Officer John Andrew Paszterko reported an open-market sale of 31,788 shares of Class A Common Stock at $0.93 per share. According to the footnotes, these shares were automatically sold under the company’s sell-to-cover program to pay federal and state taxes from the vesting of 100,000 restricted stock units. After this tax-related sale, he holds 99,755 shares of Class A Common Stock and 1,050,000 restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 31,788 shares ($29,563)
Net Sell
1 txn
Insider
Paszterko John Andrew
Role
Chief Operating Officer
Sold
31,788 shs ($30K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 31,788 | $0.93 | $30K |
Holdings After Transaction:
Class A Common Stock — 1,149,755 shares (Direct, null)
Footnotes (1)
- Open market sale of shares to cover taxes due as a result of the vesting of 100,000 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. Represents 99,755 shares of Class A Common Stock and 1,050,000 restricted stock units.
Key Figures
Shares sold: 31,788 shares
Sale price per share: $0.93 per share
Common shares after transaction: 99,755 shares
+2 more
5 metrics
Shares sold
31,788 shares
Open-market sale on April 16, 2026
Sale price per share
$0.93 per share
Class A Common Stock sale
Common shares after transaction
99,755 shares
Class A Common Stock held post-transaction
Restricted stock units held
1,050,000 RSUs
RSU holdings after vesting and sell-to-cover
RSUs vested triggering sale
100,000 RSUs
Vesting caused tax sell-to-cover transaction
Key Terms
restricted stock units, sell-to-cover program, tax withholding obligations, Class A Common Stock, +1 more
5 terms
restricted stock units financial
"vesting of 100,000 restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
sell-to-cover program financial
"automatically sold pursuant to the Issuer's sell-to-cover program"
tax withholding obligations financial
"to satisfy federal and state tax withholding obligations"
Class A Common Stock financial
"Represents 99,755 shares of Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
open-market sale financial
"Open market sale of shares to cover taxes"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider transaction did Nerdy Inc. (NRDY) disclose in this Form 4?
Nerdy Inc. disclosed that Chief Operating Officer John Andrew Paszterko sold 31,788 shares of Class A Common Stock at $0.93 per share. The filing classifies this as an open-market sale tied to tax obligations from vested restricted stock units.
Was the Nerdy Inc. (NRDY) insider sale a discretionary trade or automatic?
The sale was automatic under Nerdy Inc.’s sell-to-cover program. Shares were sold solely to satisfy federal and state tax withholding obligations arising from the vesting and settlement of 100,000 restricted stock units granted to the Chief Operating Officer.