NRDY Form 4: Director Abigail Blunt Adds 25,000 Shares at $1.35–$1.36
Rhea-AI Filing Summary
Abigail Blunt, a director of Nerdy Inc. (NRDY), reported purchasing 25,000 shares of Class A common stock on 08/29/2025 at a weighted-average price of $1.36 per share. After the transactions, she beneficially owned 226,000 shares. The filing indicates the purchases occurred in multiple trades at prices ranging from $1.35 to $1.36.
The Form 4 was submitted by an attorney-in-fact on behalf of the reporting person and includes an undertaking to provide details about the number of shares purchased at each distinct price upon request. No derivative transactions or other changes in beneficial ownership were reported on this form.
Positive
- Insider purchase of 25,000 shares, indicating director has added to personal stake in the company
- Disclosure of weighted-average price ($1.36) and price range ($1.35–$1.36), increasing transparency about transaction pricing
- Beneficial ownership increased to 226,000 shares, disclosed clearly on Form 4
Negative
- None.
Insights
TL;DR: Director purchased 25,000 NRDY shares at $1.35–$1.36, raising beneficial holdings to 226,000 shares.
The transaction is a straightforward open-market insider purchase reported on Form 4. The weighted-average price of $1.36 and the reporting of multiple trade prices are disclosed, with an explicit offer to provide per-trade details. For investors, this is a clear, routine disclosure of insider buying; it does not include additional corporate context such as timing relative to material events or scheduled trading plans.
TL;DR: Director-level insider buying was reported clearly and signed by attorney-in-fact; filing follows Section 16 disclosure norms.
The Form 4 indicates compliance with Section 16 reporting requirements and provides an explanation that purchases occurred at slightly varying prices. The filing shows no exercise of options, no sales, and no changes to derivative holdings. The signature by an attorney-in-fact is noted, which is acceptable when authorized; the filing contains the required undertaking to supply per-trade details if requested.