Nerdy Inc. (NRDY) Chief Legal Officer sells 19,204 shares to cover RSU taxes
Rhea-AI Filing Summary
Nerdy Inc.'s Chief Legal Officer reported an open market sale of 19,204 shares of Class A common stock on 12/16/2025 at $1.2 per share. The sale was made to cover taxes due from the vesting of 40,585 restricted stock units under the issuer's sell-to-cover program.
After this transaction, the officer beneficially owns 1,490,383 Nerdy equity interests, including 1,095,861 Class A shares and 394,522 restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 19,204 | $1.20 | $23K |
Footnotes (1)
- Open market sale of shares to cover taxes due as a result of the vesting of 40,585 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 1,095,861 shares of Class A Common Stock and 394,522 restricted stock units.
FAQ
What insider transaction did Nerdy Inc. (NRDY) disclose in this Form 4?
The filing reports that Nerdy Inc.'s Chief Legal Officer sold 19,204 shares of Class A common stock on 12/16/2025 in an open market transaction at $1.2 per share.
How many Nerdy Inc. (NRDY) securities does the officer own after the sale?
Following the reported transaction, the Chief Legal Officer beneficially owns 1,490,383 Nerdy securities, consisting of 1,095,861 shares of Class A common stock and 394,522 restricted stock units.
What equity awards were involved in this Nerdy Inc. (NRDY) transaction?
The explanation notes that the tax-related sale was triggered by the vesting of 40,585 restricted stock units (RSUs), and that the officer continues to hold 394,522 RSUs after the transaction.