Nerdy Inc.: CFO Atul Bagga sold 2,355 shares

What happened

• Atul Bagga, CFO, reported an open market sale of 2,355 shares at $5.98 per share on Oct 16, 2026, totaling $14,083. The sale was to cover taxes from the vesting of restricted stock units.

Key details

• Transaction date and price: Oct 16, 2026 — sale of 2,355 shares at $5.98.
• Shares owned after the transaction: 11,883 shares of Class A common stock and 83,332 restricted stock units (reported after a 1-for-15 reverse stock split effected on Aug 19, 2026).
• Footnotes: sale was an automatic sell-to-cover to satisfy tax withholding obligations from the vesting/settlement of 8,334 restricted stock units (sell-to-cover program).
• Filing: Form 4 filed on Oct 20, 2026; the filing is not indicated as late.

Why it may matter

• The sale was a sell-to-cover transaction to satisfy tax withholding on vested RSUs, not a voluntary market sale for other cash proceeds.
• This filing does not show why the insider traded or why the company acted.