{"schema_version":"secwatch.filing_event.v1","accession":"0001819404-26-000079","form_type":"8-K","ticker":"NRDY","cik":"0001819404","company_name":"Nerdy Inc.","filed_at":"2026-08-06T20:01:58+00:00","discovered_at":"2026-08-06T20:03:01.321603+00:00","generated_at":"2026-08-06T20:03:15.694837+00:00","sec_items":["2.05"],"event_type":"other_material","sentiment":"negative","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Nerdy winds down Varsity Tutors for Schools; expects $2M-$4M exit costs","bullets":["Exit costs estimated at $2M-$4M, substantially all recognized in Q3 2026.","Includes $0.3M-$0.5M severance, $0.5M-$1.3M contract termination, $1.4M-$1.6M asset impairment.","Future cash expenses $0.7M-$1.8M; non-cash expenses $1.6M-$1.8M.","Wind-down allows focus on core Consumer business; Varsity Tutors for Schools discontinued."],"urls":{"canonical":"https://secwatch.observer/filing/0001819404-26-000079","json":"https://secwatch.observer/filing/0001819404-26-000079.json","markdown":"https://secwatch.observer/filing/0001819404-26-000079.md","text":"https://secwatch.observer/filing/0001819404-26-000079.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1819404/000181940426000079/0001819404-26-000079-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1819404/000181940426000079/nrdy-20260731.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-08-06T20:03:15.694837+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}