Nerdy Inc.·4

Mar 12, 5:08 PM ET

Pello Jason H. 4

4 · Nerdy Inc. · Filed Mar 12, 2026

Research Summary

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Nerdy (NRDY) CFO Jason Pello Sells 75,000 Shares

What Happened

  • Jason H. Pello, Chief Financial Officer of Nerdy, sold 75,000 shares of the company's Class A common stock in an open-market sale on March 10, 2026. The weighted-average price was $0.92 per share, for gross proceeds of $69,000. This transaction is a sale (not a purchase or option exercise).

Key Details

  • Transaction date: March 10, 2026; Form 4 filed March 12, 2026 (appears timely).
  • Price(s): weighted average $0.92; individual sales ranged from $0.86 to $0.97 (per filing footnote).
  • Proceeds: approximately $69,000.
  • Reported holdings: the filing notes beneficial ownership/representation of 1,019,286 Class A common shares and 1,551,949 restricted stock units (per filing footnote).
  • Footnotes: The filing states the sale was not due to any disagreement with the company and Mr. Pello remains an officer. The reporting person can provide a transaction-by-transaction price breakdown on request.

Context

  • This was an open-market sale by an executive. Sales are often routine (e.g., for personal liquidity or tax reasons) and do not necessarily signal a change in company outlook; purchases are generally more indicative of insider confidence. The filing provides transparency on price ranges and available detailed breakdowns if requested.

Insider Transaction Report

Form 4
Period: 2026-03-10
Pello Jason H.
Chief Financial Officer
Transactions
  • Sale

    Class A Common Stock

    [F1][F2][F3]
    2026-03-10$0.92/sh75,000$69,0002,571,235 total
Footnotes (3)
  • [F1]The shares were not sold as a result of any disagreement with the Company, and Mr. Pello remains an officer of the Company.
  • [F2]The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $0.86 to $0.97, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price at which the transactions were effected.
  • [F3]Represents 1,019,286 shares of Class A Common Stock and 1,551,949 restricted stock units.
Signature
/s/ Thomas Lynn, Attorney-in-Fact|2026-03-12

Documents

1 file
  • 4
    wk-form4_1773349702.xmlPrimary

    FORM 4