Callaway Kyle 4

What Happened
Kyle Callaway, Chief Accounting Officer of Nerdy Inc. (NRDY), received an award of 100,000 restricted stock units (RSUs) on July 15, 2026. The RSUs were granted at $0.00 per unit (no cash exchanged). Each RSU represents the contingent right to one share of the company’s Class A common stock; the grant value will depend on Nerdy’s stock price when the RSUs vest.

Key Details

• Transaction type/code: Award/Grant (A) — 100,000 RSUs granted on 2026-07-15 at $0.00.
• Filing: Form 4 filed 2026-07-17 (timely; within required reporting window).
• Shares/units reported after transaction: filing reports beneficial ownership of 241,014 shares of Class A common stock and 259,483 RSUs (per footnote F2).
• Vesting (footnote F1): RSUs vest in three equal tranches — one-third at various points through the month ending July 15, 2027; one-third across the 12 months ending July 15, 2028; and one-third across the 12 months ending July 15, 2029.
• No indication of sale or immediate disposition in this filing.

Context
This is a standard equity award to an executive (not a purchase or sale). Awards like RSUs are a form of compensation and typically vest over time; they do not by themselves signal immediate buying or selling of stock. The reported holdings combine currently owned shares and outstanding restricted units as noted in the filing.