Paszterko John Andrew 4
4 · Nerdy Inc. · Filed Feb 18, 2026
Research Summary
AI-generated summary of this filing
Nerdy (NRDY) COO John Paszterko Receives 600,000-Share Award
What Happened
John Paszterko, Chief Operating Officer of Nerdy Inc. (NRDY), received an award of 600,000 restricted stock units (RSUs) on 2026-02-15. The RSUs were granted at $0.00 per unit (i.e., no cash purchase) and represent the contingent right to receive one share of Class A common stock per RSU upon vesting. The grant is compensation rather than an open-market purchase and has no immediate cash value.
Key Details
- Transaction date: 2026-02-15; Form 4 filed 2026-02-18 (see note on timeliness below).
- Grant: 600,000 RSUs @ $0.00 (awarded).
- Shares/units owned after transaction (per filing footnote): 31,543 shares of Class A Common Stock and 1,150,000 restricted stock units.
- Vesting (per footnote): the 600,000 RSUs vest one-third during the 12 months ending Jan 15, 2027; one-third during the 12 months ending Jan 15, 2028; and one-third during the 12 months ending Jan 15, 2029.
- Plan: RSUs issued under the Nerdy Inc. 2021 Equity Incentive Plan (as amended).
- Filing timeliness: the Form 4 was filed three calendar days after the transaction (filed Feb 18 for a Feb 15 grant). Form 4s are generally due within two business days of the transaction, so this filing appears to have been submitted after that typical window.
Context
RSU grants are common executive compensation and become actual shares only as they vest; they do not represent an immediate purchase or sale. Such awards are routine for retention and incentive purposes and do not necessarily indicate an insider's near-term market view.
Insider Transaction Report
- Award
Class A Common Stock
[F1][F2]2026-02-15+600,000→ 1,181,543 total
Footnotes (2)
- [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 twelve months ending January 15, 2027, one-third at various points during the twelve months ending January 15, 2028, and one-third at various points during the twelve months ending January 15, 2029.
- [F2]Represents 31,543 shares of Class A Common Stock and 1,150,000 restricted stock units.