Key transactions disclosed
Nerdy Inc. (NASDAQ: NRDY) disclosed a pair of insider transactions involving its finance chief in mid-February 2026. According to a Form 4 filed with the U.S. Securities and Exchange Commission, Chief Financial Officer Jason H. Pello sold 49,814 shares of Class A common stock on February 17, 2026. The filing records the sale price as $0.97 per share, producing a gross value of $48,319 for the transaction.
Restricted awards recorded days earlier
The same regulatory filing shows Pello also received 1,000,000 shares of Class A common stock on February 15, 2026. Those shares were issued as restricted stock units under Nerdy’s 2021 Equity Incentive Plan and are reflected in the officer’s reported holdings.
Resulting ownership stake
Following the February transactions, Pello is reported to directly own a total of 2,646,235 shares of Nerdy Inc. Class A common stock. That total comprises 1,094,286 shares of Class A common stock plus 1,551,949 restricted stock units listed in the filing.
CEO buying in fourth quarter 2025
In an additional disclosure noted by the company, Chairman, Founder and Chief Executive Officer Chuck Cohn acquired 3.5 million shares of Nerdy common stock during the fourth quarter of 2025. The company confirmed those purchases were made in the open market, at an average cost of $1.24 per share, between November 19 and December 16, 2025, for a total consideration of $4.4 million. The purchases raised Cohn’s total ownership to 91.4 million shares as of the December 31, 2025 reporting date, according to the company statement.
Context and available disclosures
The filings and company confirmation set out the quantities, prices and dates of the transactions. The company did not, in these disclosures, pair the trades with any contemporaneous earnings or revenue updates. The company statement confirmed the CEO’s open-market purchases, while the Form 4 documents the CFO’s sale and restricted stock unit grant.
Investor note
Investors and observers tracking insider activity will find the filings provide the transactional facts and share counts reported as of the dates referenced, but the public disclosures did not include additional financial results tied to the timing of these trades.
This article reports the content of regulatory filings and a company statement as provided.