Nerdy Executives Sell Shares
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Reporter Name | Relationship | Type | Amount | SEC Filing |
---|---|---|---|---|
Swenson Christopher C. | Chief Legal Officer | Sell | $29,454 | Form 4 |
Pello Jason H. | Chief Financial Officer | Sell | $49,090 | Form 4 |
Christopher C. Swenson, Chief Legal Officer of Nerdy, and Pello Jason H., the company's Chief Financial Officer, have both sold shares of Class A Common Stock on March 17, 2025. Swenson sold 19,126 shares at a price of $1.54 per share, totaling $29,454, and now directly owns 1,665,902 shares, which includes 887,364 shares of Class A Common Stock and 778,538 restricted stock units.
Pello Jason H. sold 31,877 shares at the same price of $1.54 per share, totaling $49,090. This sale was part of a sell-to-cover program to satisfy tax withholdings upon the vesting of restricted stock units. Following this transaction, Pello directly owns 2,036,928 shares, comprising 806,443 shares of Class A Common Stock and 1,230,485 restricted stock units.