Paszterko John Andrew 4

What Happened
John Andrew Paszterko, COO of Nerdy Inc. (NRDY), reported an open-market sale of 31,788 shares of Class A common stock on 2026-04-16 at $0.93 per share, generating $29,563 in proceeds. The Form 4 filed 2026-04-20 shows these shares were disposed of under the issuer's sell-to-cover program tied to the vesting of restricted stock units.

Key Details

• Transaction date and price: 2026-04-16, sale of 31,788 shares at $0.93 each (total $29,563).
• Method: Open-market sale pursuant to the company's sell-to-cover program (reported as S = Sale).
• Reason per filing: Shares were automatically sold to satisfy federal and state tax withholding resulting from the vesting and settlement of 100,000 RSUs.
• Holdings after transaction: 99,755 shares of Class A common stock and 1,050,000 restricted stock units (per filing footnote).
• Filing: Form 4 dated 2026-04-20 reporting the 4/16 transaction.

Context
This was a routine sell-to-cover transaction to meet tax obligations from RSU vesting, not an independent discretionary sale. Such automatic tax-withholding sales are common after equity awards vest and are generally treated differently by investors than voluntary stock sales.