Bagga Atul Madan Mohan 4

What Happened
Atul Bagga, Chief Financial Officer of Nerdy Inc. (NRDY), was granted 1,500,000 restricted stock units (RSUs) on April 15, 2026. The reported acquisition price is $0.00 (no cash purchase); the grant is recorded as an award (Form 4 code A). Each RSU represents the contingent right to receive one share of Nerdy’s Class A common stock upon vesting.

Key Details

• Transaction date: 2026-04-15; Form 4 filed: 2026-04-16 (timely filing).
• Grant: 1,500,000 RSUs at $0.00 per unit (recorded acquisition value $0).
• Vesting: RSUs vest in three equal tranches — one-third at various points during the months ending April 15, 2027; one-third during the 12 months ending April 15, 2028; one-third during the 12 months ending April 15, 2029. (See filing footnote F1.)
• Shares owned after transaction: not disclosed in the information provided.
• Nature: Award/compensation grant (not a market purchase or sale); no immediate proceeds or sale reported.

Context
RSU grants are a form of equity compensation and typically reflect long-term incentive pay rather than a direct buying/selling signal. Because these RSUs vest over multiple years, they do not represent immediately tradable shares; the economic benefit depends on future vesting and the stock price at settlement.