Blunt Abigail 4

What Happened Abigail Blunt, a director of Nerdy Inc. (NRDY), received equity awards on April 30, 2026. The Form 4 reports two derivative grants: 241,935 shares granted at $0.00 (derivative award) and 68,548 derivative shares/options with a $0.62 price (aggregate reported value $42,500). These are awards (code A) rather than open-market purchases or sales.

Key Details

• Transaction date: 2026-04-30; Form 4 filed 2026-05-04 (filed within the SEC two-business-day window).
• Grants reported:
  • 241,935 derivative shares @ $0.00 (no immediate cash cost reported).
  • 68,548 derivative shares/options @ $0.62, reported value $42,500.
• Shares owned after transaction: not specified in the provided filing details.
• Footnotes:
  • F1 — Vesting: these options/shares vest on the earlier of the one-year anniversary of grant or the next annual shareholders meeting.
  • F2 — The option count reflects Ms. Blunt electing to receive all or part of her annual cash retainer (and committee retainers) in equity instead of cash.

Context These are director compensation grants (derivative awards) and not open-market buys or sales, so they primarily reflect pay election rather than an independent market signal. The grants include a vesting condition and were issued in lieu of cash retainer per the footnote. No immediate exercise/sale or tax-withholding transaction is reported in this filing.