[Form 4] Nerdy Inc. Insider Trading Activity
Bagga Atul Madan Mohan reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Bagga Atul Madan Mohan reported acquisition or exercise transactions in this Form 4 filing.
Nerdy Inc. reported that its Chief Financial Officer, Atul Madan Mohan Bagga, received a grant of 1,500,000 Restricted Stock Units (RSUs) tied to the company’s Class A Common Stock. Each RSU represents the right to receive one share, bringing his reported direct holdings to 1,500,000 shares.
The RSUs were issued under the Nerdy Inc. 2021 Equity Incentive Plan and vest over three years: one-third during the twelve months ending April 15, 2027, one-third during the twelve months ending April 15, 2028, and the final third during the twelve months ending April 15, 2029. The grant price is listed as $0.00 per share, consistent with compensation awards rather than an open‑market purchase.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 1,500,000 | $0.00 | $0.00 |
Footnotes (1)
- 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 months ending April 15, 2027, one-third at various points during the twelve months ending April 15, 2028, and one-third at various points during the twelve months ending April 15, 2029.
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