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Nerdy Inc. (NYSE:NRDY), an education technology company with a market capitalization of $236 million and impressive gross profit margins of 64%, saw its Chief Financial Officer Jason H. Pello sell 30,714 shares of Class A Common Stock on September 16, 2025, according to a Form 4 filing with the Securities and Exchange Commission. According to InvestingPro analysis, the stock is currently trading below its Fair Value. The shares were sold at a price of $1.27, for a total transaction value of $39,006.
The sale was executed to cover taxes due as a result of the vesting of 67,640 restricted stock units. The filing indicates that the shares were automatically sold pursuant to Nerdy Inc.’s sell-to-cover program to satisfy federal and state tax withholding obligations.
Following the transaction, Pello directly owns 1,847,024 shares of Class A Common Stock, which includes 1,034,061 shares of Class A Common Stock and 812,963 restricted stock units. The company maintains strong liquidity with a current ratio of 2.13, though InvestingPro analysis reveals 6 additional key insights about the company’s financial position available to subscribers.
In other recent news, Nerdy Inc. reported its Q2 2025 earnings, showing a mixed financial performance. The company achieved an earnings per share (EPS) of -$0.0414, surpassing the forecast of -$0.0574, which was a positive surprise of 27.87%. However, the revenue fell short of expectations, coming in at $45.3 million against a forecast of $46.59 million. In addition to the financial updates, Nerdy announced the appointment of John Paszterko as its new Chief Operating Officer. Paszterko brings extensive experience from Amazon, where he led North America Customer Fulfillment operations efficiency and technology integration. His leadership at Amazon involved overseeing a team of over 180 managers across more than 200 fulfillment centers. These developments are part of Nerdy’s ongoing efforts to strengthen its operational leadership and address financial challenges.
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