Welcome to our dedicated page for Nerdy SEC filings (Ticker: NRDY), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Nerdy Inc. (NYSE: NRDY) SEC filings page provides access to the company’s official regulatory disclosures, including current reports on Form 8-K and other documents filed with the U.S. Securities and Exchange Commission. These filings offer detailed information on Nerdy’s financial condition, capital structure, and material corporate events related to its live online learning platform and Varsity Tutors business.
Among the filings, investors can find earnings-related Form 8-K reports in which Nerdy furnishes press releases announcing quarterly results. These documents describe revenue composition between Consumer and Institutional segments, Learning Membership trends, gross margin dynamics, non-GAAP adjusted EBITDA, and commentary on the company’s path to profitability and liquidity. Because these materials are incorporated into SEC submissions, they serve as an authoritative source for the company’s reported operating metrics and risk disclosures.
Nerdy has also filed Form 8-K disclosures on financing arrangements, such as the Loan and Security Agreement that provides for term loans with an aggregate principal amount of up to $50 million and a maturity date in 2029. The filing outlines key terms, including interest rate structure, collateral, covenants related to minimum cash and leverage, and potential events of default. Reviewing these documents helps investors understand Nerdy’s borrowing capacity, obligations, and financial flexibility.
On this page, Stock Titan surfaces Nerdy’s SEC filings as they are made available through EDGAR and pairs them with AI-powered summaries that explain the significance of each document in clear language. Users can quickly scan earnings 8-Ks, financing agreements, and other material event disclosures to identify changes in Nerdy’s financial position, capital resources, and risk profile without reading every line of the underlying forms.
For those researching NRDY, this consolidated view of Nerdy’s SEC history supports deeper analysis of its AI-enabled education business, its use of debt financing, and the evolution of its Consumer and Institutional operations as described in official filings.
Nerdy, Inc. (NRDY) received a Form 144 notice for a proposed sale of 50,000 shares of its Class A Common Stock. The filer plans to sell through Morgan Stanley Smith Barney LLC, with an approximate sale date of 11/13/2025 on the NYSE. The filing lists an aggregate market value of 43,500 for the proposed sale. These securities were acquired on 09/20/2021 as an award from the issuer. The notice also reports 122,938,639 shares outstanding.
Nerdy Inc. (NRDY) reported Q3 2025 results with revenue of
Key metrics showed mixed trends: Active Members were 34.3 thousand (down
Liquidity declined with cash and cash equivalents at
Nerdy Inc. (NRDY) furnished press releases announcing results for its third quarter ended September 30, 2025. The company made the materials available as exhibits to a current report.
The information in the attached press releases is expressly furnished and not deemed filed under the Exchange Act, limiting associated liabilities unless specifically incorporated by reference. Included exhibits: 99.1 (Earnings Release) and 99.2 (Press Release).
Nerdy Inc. entered a Loan and Security Agreement with Hercules Capital for up to $50.0 million in term loans across two tranches. The company drew $20.0 million on the closing date under the first tranche, which totals up to $30.0 million; the remaining $10.0 million from this tranche is available until December 31, 2026. The second tranche of up to $20.0 million may be made available subject to lender approval after the first tranche is fully drawn or after that date.
The loan matures on November 1, 2029 and bears interest at the greater of the Wall Street Journal prime rate plus 3.50% or 10.75%. Payments are interest‑only for 36 months, extendable by 12 months upon specified milestones, followed by amortization to maturity. Fees include a facility charge of $0.3 million at closing and $0.2 million at the first draw of the second tranche, plus an end‑of‑term charge equal to 7.50% of funded amounts and declining prepayment charges. The loan is secured by substantially all assets and includes covenants, including maintaining the greater of $15.0 million of Qualified Cash or at least six months of Remaining Months Liquidity.
Nerdy Inc. (NRDY) disclosed an insider equity award: the Chief Operating Officer acquired 600,000 shares of Class A Common Stock on 10/15/2025, reported as an "A" transaction at $1.11 per share. The filing notes these represent Restricted Stock Units (RSUs) granted under the 2021 Equity Incentive Plan, with each RSU delivering one share upon vesting.
The RSUs vest in three equal tranches: one‑third at various points during the twelve months ending October 15, 2026, one‑third during the twelve months ending October 15, 2027, and one‑third during the twelve months ending October 15, 2028. Following the reported transaction, the officer beneficially owned 600,000 shares, held directly.
Christopher C. Swenson, the reporting person and identified as the company's Chief Legal Officer, filed a Form 4 for Nerdy Inc. (NRDY) disclosing an open-market sale on 09/16/2025. The filing states 18,428 shares of Class A common stock were sold at $1.27 per share under the issuer's sell-to-cover program to satisfy tax withholding from the vesting and settlement of 40,584 restricted stock units. After the transaction, the filing reports beneficial ownership of 1,538,397 shares comprised of 1,039,937 Class A shares and 498,460 restricted stock units. The Form 4 was signed by an attorney-in-fact on 09/18/2025.
Nerdy Inc. (NRDY) insider Form 4: Chief Financial Officer Jason H. Pello reported an open-market sale of 30,714 shares of Class A Common Stock on 09/16/2025 at $1.27 per share. The filing states the sale was executed automatically under the issuer's sell-to-cover program to satisfy federal and state tax withholding obligations arising from the vesting and settlement of 67,640 restricted stock units. After the reported disposition, the reporting person beneficially owned 1,847,024 securities, consisting of 1,034,061 shares of Class A Common Stock and 812,963 restricted stock units. The Form 4 was signed by attorney-in-fact Thomas Lynn on 09/18/2025.
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.
Nerdy Inc. (NRDY) filed an initial Form 3 reporting that John Andrew Paszterko, listed as Chief Operating Officer and a director, filed the statement on
Nerdy Inc. insider Christopher C. Swenson, who serves as Chief Legal Officer and a director, reported a sale of 37,845 shares of Class A common stock at $1.27 per share executed on 08/18/2025. The disclosure states the sale was an open-market, sell-to-cover transaction to satisfy tax withholding obligations triggered by the vesting and settlement of 83,978 restricted stock units (RSUs). Following the transaction, the reporting person beneficially owned 1,556,825 shares, consisting of 1,017,781 Class A shares and 539,044 RSUs. The Form 4 was submitted by one reporting person and signed by an attorney-in-fact.