Nerdy Inc’s CFO Pello sells $39,006 in stock

Published 18/09/2025, 22:48
Nerdy Inc’s CFO Pello sells $39,006 in stock

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.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.