NRDY Nerdy Inc.

MIXED Impact: 6/10 8-K
Horizon weeks Filed Apr 6, 2026 Processed 2mo ago SEC 0001819404-26-000035
8-K context-dependent: Items 5.02
Latest settled — T+20d
NRDY ▲ +6.93% at T+20d
NEUTRAL call ✓ call won +6.93% · α vs SPY -2.06% · entry $0.8230 → $0.8800
Next anchor: T+60d in 21d
Currently $0.8860 · +7.65% from $0.8230 entry
Entry anchored
Apr 2, 03:59 PM ET
via Databento tick
T+1d
+2.07%
call +2.07% · α +2.00%
$0.8400
settled 2mo ago
T+5d
+10.45%
call +10.45% · α +6.31%
$0.9090
settled 8w ago
T+20d
+6.93%
call +6.93% · α -2.06%
$0.8800
settled 5w ago
T+60d
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call — · α —
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in 21d

Price Chart

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Executive Summary

Nerdy Inc. announced the departure of CFO Jason Pello and the appointment of Atul Bagga as the new CFO, effective April 6, 2026. The company also provided 2026 financial guidance, including revenue of $180–190 million and breakeven non-GAAP adjusted EBITDA. This leadership transition follows a recent proxy fight, suggesting strategic realignment.

Actionable Insight

Monitor for further strategic changes given the CFO departure shortly after a proxy fight. The new CFO's tech background (AWS, JLL) suggests continued focus on scaling and operational efficiency. The breakeven EBITDA guidance indicates tight cost management despite growth investments.

Key Facts

  • Jason Pello departed as CFO effective April 3, 2026, after being notified on March 31, 2026
  • Atul Bagga, former CFO of JLL Technologies and finance leader at AWS, was appointed as new CFO effective April 6, 2026
  • Bagga's compensation includes $500,000 base salary, 50% annual bonus target, and 1.5 million RSUs vesting over 3 years
  • 2026 revenue guidance is $180–190 million with breakeven non-GAAP adjusted EBITDA
  • Company expects to end 2026 with $40–45 million in cash
  • This board change follows a contested proxy fight (DEFA14A filing 27 days prior)

Financial Impact

New CFO receives $500,000 base salary, 50% bonus target, and 1.5 million RSUs; 2026 revenue guidance $180–190M with breakeven EBITDA

executive compensationrevenueebitdacash position

Risk Factors

  • Leadership transition risk during strategic inflection point
  • Execution risk in achieving guided revenue and EBITDA targets
  • Potential for additional management changes following proxy fight

Market Snapshot

Exchange
NYSE
Sector
Services-Educational Services

Documents Analyzed

This report is based on 6 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (Primary)0001819404-26-000035
Document: nrdy-20260403.htm0001819404-26-000035
Document: cfopressrelease.htm0001819404-26-000035
Document: 0001819404-26-000035-index-headers.html0001819404-26-000035
Document: 0001819404-26-000035-index.html0001819404-26-000035
Document: 0001819404-26-000035.txt0001819404-26-000035
3 reports for NRDY
Performance horizon
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Reports for NRDY — sortable, filterable
Type Now
May 22, 2026
18d ago
8-K
NEUTRAL ★ 2/10
$0.8310 $0.8100▼ −2.53%▼ −3.74%$0.8860 (+6.62%)
Apr 16, 2026
7w ago
Insider Cluster
NEUTRAL ★ 3/10
$0.9510 $0.9070▼ −4.63%▼ −5.61%$0.8860 (−6.83%)
Apr 6, 2026
9w ago
8-K
MIXED ★ 6/10
$0.8230 $0.9090▲ +10.45%▲ +6.31%$0.8860 (+7.65%)
Showing 3 of 3

US Market Status

Market Closed — Opens Thu (9h 47m)

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