John Andrew Paszterko, the chief operating officer at Nerdy Inc. (NASDAQ: NRDY), executed a disposition of company stock on April 16, 2026, selling 31,788 shares of Class A Common Stock at $0.93 per share for total proceeds of $29,562. The transaction was completed through the company’s sell-to-cover mechanism and was performed to satisfy tax obligations that arose when 100,000 restricted stock units vested.
Under the sell-to-cover arrangement, the necessary number of newly vested shares are automatically sold to meet federal and state tax withholding requirements. In this case, the automatic sale converted part of the vested award into cash to cover the tax liabilities associated with vesting.
After the sale, Mr. Paszterko’s reported direct holdings in Nerdy Inc. total 1,149,755 shares. That figure comprises 99,755 shares of Class A Common Stock plus 1,050,000 restricted stock units that remain recorded as such.
At the time of the disposition, Nerdy’s common stock was trading at $0.94, a level close to its 52-week low of $0.75. The company’s share price dynamics are noted by third-party analysis as volatile, and market observers have flagged the security’s low trading levels as a material consideration for investors.
According to InvestingPro analysis, NRDY appears undervalued at current levels. The platform also highlights stock price movements are quite volatile, listing that observation as one of more than 10 ProTips available. Investors may access a more detailed Pro Research Report for NRDY and more than 1,400 U.S. equities through the same service.
These insider selling details arrive against the backdrop of Nerdy’s recently reported quarterly results. For the fourth quarter of 2025, the company recorded revenue of $49.1 million. That figure exceeded analyst expectations of $45.83 million, representing a 7.14% revenue surprise and a 2% increase versus the same quarter a year earlier.
Despite the top-line beat, the company received formal notice from the New York Stock Exchange that it is not in compliance with listing standards because the average closing price of its Class A Common Stock fell below $1.00 over a consecutive 30 trading-day period. Nerdy has stated its intent to resolve the deficiency and has a six-month window in which to regain compliance. To cure the deficiency, the company must reach a closing price of at least $1.00 by the last trading day of any calendar month and maintain a 30 trading-day average at or above that threshold.
These developments underscore concurrent operational and market challenges for the company - an insider sell-to-cover tied to RSU vesting, an earnings beat on revenue, and an active NYSE compliance concern related to low share price.