secwatch.observer — SEC 8-K summary
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Issuer:     Nerdy Inc. (NRDY)
CIK:        0001819404
Form:       8-K
Filed at:   2023-03-10T23:59:59+00:00
Accession:  0001819404-23-000019
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nerdy CPO Heidi Robinson departs, forfeits 855K RSUs, continues as consultant
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- Heidi Robinson no longer executive officer as of March 6, 2023; will provide consulting through Dec 31, 2023.
- Consulting fee equal to current base salary until Dec 31, 2023.
- Eligible for continued vesting of 32,375 unvested LLC units and 93,568 RSUs through May 15, 2023.
- Forfeits 855,043 restricted stock units and 101,908 unvested LLC units (Class B common stock).
- Consulting agreement includes customary release of claims with standard revocation period.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1819404/000181940423000019/0001819404-23-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1819404/000181940423000019/nrdy-20230306.htm
  HTML page:      https://secwatch.observer/filing/0001819404-23-000019

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer