Nerdy Inc.·4

Jul 17, 4:26 PM ET

Paszterko John Andrew 4

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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.