No new material information — this filing merely documents the previously disclosed CFO departure terms. Monitor for the next CFO appointment and any associated strategic changes. The stock is unlikely to react to this administrative filing.
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Executive Summary
Nerdy Inc. filed the formal departure agreement with former CFO Jason Pello, who ceased employment on April 3, 2026. Pello will serve as a consultant through October 3, 2026, receiving $223,125 in aggregate consulting payments and continued vesting of 333,333 RSUs. This is a routine administrative step formalizing a previously announced CFO departure with no new financial or operational information.
Key Facts
- Former CFO Jason Pello's departure effective April 3, 2026 was previously announced on April 6, 2026
- Consulting agreement signed May 21, 2026 runs through October 3, 2026
- Aggregate consulting payments total $223,125
- Continued vesting of 333,333 RSUs scheduled to vest on April 15, 2026 and May 15, 2026
- All other unvested equity forfeited as of departure date
- Pello subject to non-disparagement, confidentiality, and non-compete covenants through the Executive Services Agreement
Financial Impact
Total cash consideration of $223,125 in consulting payments plus continued vesting of 333,333 RSUs
Risk Factors
- No permanent CFO replacement has been named, creating leadership uncertainty
- Potential for further executive departures if restructuring continues
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001819404-26-000055 |
| Document: nrdy-20260521.htm | 0001819404-26-000055 |
| Document: 0001819404-26-000055-index-headers.html | 0001819404-26-000055 |
| Document: 0001819404-26-000055-index.html | 0001819404-26-000055 |
| Document: 0001819404-26-000055.txt | 0001819404-26-000055 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 22, 2026 5w ago | Institutional Cluster | $8.71 | awaiting T+60 | — | $5.68 (−34.79%) |
Aug 6, 2026 11w ago | 8-K | $11.34 | awaiting T+60 | — | $5.68 (−49.91%) |
Jun 11, 2026 19w ago | Institutional Cluster | $0.9590 $0.5980 | ▲ +37.64% | ▲ +41.47% | $5.68 (−492.28%) |
May 22, 2026 22w ago | 8-K | $12.47 $10.10 | ▼ −18.97% | ▼ −21.70% | $5.68 (−54.43%) |
Apr 16, 2026 27w ago | Insider Cluster | $0.9510 $0.9044 | ▼ −4.90% | ▼ −11.95% | $5.68 (+497.27%) |
Apr 6, 2026 29w ago | 8-K | $0.8230 $0.9644 | ▲ +17.18% | ▲ +3.71% | $5.68 (+590.16%) |
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