Christopher C. Swenson - 04 Aug 2023 Form 4 Insider Report for Nerdy Inc. (NRDY)

Signature
/s/ Thomas Lynn, Attorney-in-Fact
Issuer symbol
NRDY
Transactions as of
04 Aug 2023
Net transactions value
-$15,750
Form type
4
Filing time
04 Aug 2023, 18:26:32 UTC
Previous filing
27 Jun 2023
Next filing
28 Sep 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NRDY Class A Common Stock Sale $15,750 -3,000 -0.23% $5.25 1,317,176 04 Aug 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.