Paszterko John Andrew 4
4 · Nerdy Inc. · Filed Jul 17, 2026
Research Summary
AI-generated summary of this filing
Nerdy (NRDY) COO John Paszterko Receives RSU Award 600K
What Happened John Andrew Paszterko, Chief Operating Officer of Nerdy Inc. (NRDY), received a grant of 600,000 restricted stock units (RSUs) on July 15, 2026. The RSUs are reported at an acquisition price of $0.00 on the Form 4. These RSUs represent the contingent right to receive one share of Class A common stock per RSU and will vest in three equal tranches over the next three years (one‑third vesting during the 12 months ending July 15, 2027; one‑third during the 12 months ending July 15, 2028; and one‑third during the 12 months ending July 15, 2029).
Key Details
- Transaction date and terms: July 15, 2026 — Grant of 600,000 RSUs @ $0.00 (award).
- Filing date: Form 4 filed July 17, 2026 (within the typical two‑business‑day reporting window).
- Holdings reported after transaction (footnote): 99,755 shares of Class A common stock and 1,650,000 RSUs.
- Notable footnotes: F1 describes the RSU vesting schedule (three one‑third tranches across 2027–2029). F2 details total reported holdings (shares + RSUs). No tax‑withholding or 10b5‑1 plan information was disclosed on the filing.
Context This was an equity compensation award (not an open‑market buy or sale). RSUs do not immediately transfer tradable shares; they convert to shares only as they vest per the stated schedule. Such grants are common for executive compensation and reflect long‑term incentive alignment rather than an immediate trading signal.
Insider Transaction Report
- Award
Class A Common Stock
[F1][F2]2026-07-15+600,000→ 1,749,755 total
Footnotes (2)
- [F1]Represents Restricted Stock Units ("RSUs") issued under the Nerdy Inc. 2021 Equity Incentive Plan, as amended. Each RSU represents the contingent right to receive one share of the Issuer's Class A Common Stock. The RSUs shall vest as follows: one-third at various points during the twelve months ending July 15, 2027, one-third at various points during the twelve months ending July 15, 2028, and one-third at various points during the twelve months ending July 15, 2029.
- [F2]Represents 99,755 shares of Class A Common Stock and 1,650,000 restricted stock units.