Nerdy (NRDY) CFO Atul Bagga Sells 36,426 Shares

What Happened
Atul Bagga, Chief Financial Officer of Nerdy Inc. (NRDY), reported an open‑market sale of 36,426 shares on 2026-07-16 at $0.83 per share, totaling $30,234. The sale was a disposal (code S) executed automatically under the issuer's sell‑to‑cover program to satisfy tax withholding arising from the vesting of restricted stock units (RSUs).

Key Details

• Transaction date: 2026-07-16; Price: $0.83 per share; Proceeds: $30,234.
• Reason: Shares automatically sold to cover taxes on the vesting/settlement of 125,000 RSUs (footnote F1).
• Shares owned after transaction: 88,574 shares of Class A common stock and 1,375,000 RSUs (footnote F2).
• Filing: Form 4 filed 2026-07-20 (four days after the reported transaction), which is later than the usual two-business-day filing requirement for Form 4.

Context
This was a routine sell‑to‑cover tax withholding related to RSU vesting, not an opportunistic open‑market sale signaling a change in sentiment. Such automatic disposals are common after equity awards vest and do not necessarily indicate management views on the company’s prospects.