Christopher C. Swenson - Aug 4, 2023 Form 4 Insider Report for Nerdy Inc. (NRDY)

Signature
/s/ Thomas Lynn, Attorney-in-Fact
Stock symbol
NRDY
Transactions as of
Aug 4, 2023
Transactions value $
-$15,750
Form type
4
Date filed
8/4/2023, 06:26 PM
Previous filing
Jun 27, 2023
Next filing
Sep 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NRDY Class A Common Stock Sale -$15.8K -3K -0.23% $5.25 1.32M Aug 4, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Shares were not sold as a result of any disagreement with the Company, and Mr. Swenson remains an officer of the Company.