Cohn Charles K. 4

What Happened Charles K. Cohn, CEO of Nerdy Inc. (NRDY), reported purchasing 250,007 shares on 2026-06-15. The filing reports a weighted-average price of $1.00 per share, for a total transaction value of approximately $250,007. This was reported as a purchase (Form 4 code P), which is often interpreted by investors as a bullish signal compared with outright sales.

Key Details

• Transaction date: 2026-06-15; filing date: 2026-06-16 (appears timely).
• Price: weighted average $1.00 per share; actual trade prices ranged $0.97–$1.01 (see footnote F1).
• Shares acquired: 250,007; total value ≈ $250,007.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Notable footnotes:
  • F1: Weighted-average price; multiple trades at $0.97–$1.01. Reporting person can provide per-trade detail on request.
  • F2: Describes RSUs under the 2021 Equity Incentive Plan that vest only if seven share-price targets ($18–$42, measured by a 90-day average) are met; unvested RSUs expire 9/20/2028.
  • F3: Notes Rarefied Air Capital LLC is owned by three family trusts (may relate to other holdings disclosed).

Context This is a straightforward open-market purchase by the CEO. Purchases by insiders can attract investor attention because they represent a direct personal investment in the company, but they do not on their own explain motivation or future performance. The RSU footnote describes separate equity awards with performance-based vesting and expiration terms; it does not change the nature of this cash purchase.