Nerdy COO awarded 600,000 RSUs
Paszterko John Andrew reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Paszterko John Andrew reported acquisition or exercise transactions in this Form 4 filing.
Nerdy Inc. reported that Chief Operating Officer John Andrew Paszterko received a grant of 600,000 restricted stock units (RSUs) tied to Class A Common Stock at a stated price of $0.0000 per unit. Each RSU represents the right to receive one share of Class A stock. The award vests in three equal portions at various points during the twelve months ending January 15, 2027, January 15, 2028, and January 15, 2029, aligning the grant with multi‑year service. Following this grant, Paszterko’s reported holdings consist of 31,543 Class A shares and 1,150,000 RSUs, totaling 1,181,543 share-based interests.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 600,000 | $0.00 | $0.00 |
Footnotes (2)
- F1. Represents Restricted Stock Units ("RSUs") issued under the Nerdy Inc. 2021 Equity Incentive Plan, as amended. Each RSU represents the contingent right to receive one share of the Issuer's Class A Common Stock. The RSUs shall vest as follows: one-third at various points during the twelve months ending January 15, 2027, one-third at various points during the twelve months ending January 15, 2028, and one-third at various points during the twelve months ending January 15, 2029.
- F2. Represents 31,543 shares of Class A Common Stock and 1,150,000 restricted stock units.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Nerdy (NRDY) disclose in this Form 4 for its COO?
How many Nerdy (NRDY) RSUs were granted to the COO in this filing?
What is the vesting schedule for the Nerdy (NRDY) COO’s 600,000 RSUs?
What does each RSU in the Nerdy (NRDY) COO award represent?
What are John Andrew Paszterko’s Nerdy (NRDY) holdings after this RSU grant?
Was this Nerdy (NRDY) Form 4 transaction a market purchase or sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.