Nerdy legal chief Christopher C. Swenson sells 3,330 shares
The reported 3,330-share sale was an automatic tax-withholding transaction linked to vesting and settlement of 6,668 restricted stock units.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Nerdy Inc. Chief Legal Officer Christopher C. Swenson sold 3,330 shares of Class A common stock at $5.98 per share on October 16, 2026. The shares were automatically sold through the issuer’s sell-to-cover program to meet tax withholding obligations from the vesting and settlement of 6,668 restricted stock units; no Rule 10b5-1 plan is reported. After the transaction, his reported position comprised 89,524 shares of Class A common stock and 69,996 restricted stock units.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2 | 3,330 | $5.98 | $20K |
Footnotes (2)
- F1. Open market sale of shares to cover taxes due as a result of the vesting of 6,668 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 89,524 shares of Class A Common Stock and 69,996 restricted stock units.
Key Figures
Key Terms
sell-to-cover program financial
restricted stock units financial
tax withholding obligations financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Christopher C. Swenson hold after the NRDY sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.