Cohn Charles K. 4

What Happened
Charles K. Cohn, CEO of Nerdy Inc. (NRDY), purchased 219,019 shares on 2026-06-10 in open-market/private purchases (transaction code P) for a total reported cost of approximately $199,307. The filing reports a weighted-average price of $0.91 per share.

Key Details

• Transaction date: 2026-06-10; Form 4 filed: 2026-06-11 (timely; insiders must generally file within 2 business days).
• Shares purchased: 219,019; weighted-average price: $0.91; price range: $0.91–$0.92 (purchases occurred in multiple trades). Total reported value ≈ $199,307.
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• Footnotes of note:
  • F1: Price is a weighted average; seller will provide breakdown on request (separate prices ranged $0.91–$0.92).
  • F2: Filing also references RSUs under the 2021 Equity Incentive Plan that vest at performance share-price milestones ($18–$42 over a 90-day average); unvested RSUs expire 9/20/2028.
  • F3: Rarefied Air Capital LLC ownership structure is disclosed (three family trusts).

Context
This was a direct purchase (a buying transaction), which many investors view as a stronger signal than routine sales, though filings don’t state motive. There’s no indication of option exercises, gifts, or tax-withholding in this transaction. The weighted-average price and multiple trade prices are disclosed in a footnote; the filing appears timely.