# EDGAR Filing Document

**Accession Number:** 0001819404
**File Stem:** 0001819404-25-000062
**Filing Date:** 2025-8
**Character Count:** 13200
**Document Hash:** 76c6ee5f78321fdd17970bc7f3a20b1c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001819404-25-000062.hdr.sgml**: 20250827

**ACCESSION NUMBER**: 0001819404-25-000062

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 14

**CONFORMED PERIOD OF REPORT**: 20250826

**ITEM INFORMATION**: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

**FILED AS OF DATE**: 20250827

**DATE AS OF CHANGE**: 20250826

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Nerdy Inc.
- **CENTRAL INDEX KEY:** 0001819404
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-EDUCATIONAL SERVICES [8200]
- **ORGANIZATION NAME:** 07 Trade & Services
- **EIN:** 981499860
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-39595
- **FILM NUMBER:** 251259185

**BUSINESS ADDRESS:**
- **STREET 1:** 8001 FORSYTH BLVD., SUITE 1050
- **CITY:** ST. LOUIS
- **STATE:** MO
- **ZIP:** 63105
- **BUSINESS PHONE:** (314) 412-1227

**MAIL ADDRESS:**
- **STREET 1:** 8001 FORSYTH BLVD., SUITE 1050
- **CITY:** ST. LOUIS
- **STATE:** MO
- **ZIP:** 63105

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TPG Pace Tech Opportunities Corp.
- **DATE OF NAME CHANGE:** 20200728

?xml version='1.0' encoding='ASCII'? nrdy-20250826

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**___________________________________**

**FORM 8-K**

**___________________________________**

**CURRENT REPORT** 

**PURSUANT TO SECTION 13 OR 15(D)**

**OF THE SECURITIES EXCHANGE ACT OF 1934**

**Date of Report (date of earliest event reported) August 26, 2025**

**___________________________________**

**NERDY INC.**

**(Exact name of registrant as specified in its charter)**

**___________________________________**

---

| | | |
|:---|:---|:---|
| **Delaware**<br>**(State or other jurisdiction of** <br>**incorporation)** | **001-39595**<br>**(Commission** <br>**File Number)** | **98-1499860**<br>**(I.R.S. Employer** <br>**Identification No.)** |
|  | **8001 Forsyth Blvd., Suite 1050**<br>**St. Louis, MO** | **63105** |
|  | **(address of principal executive offices)** | **(zip code)** |
| **(314) 412-1227** | **(314) 412-1227** | **(314) 412-1227** |
| **(Registrant's telephone number, including area code)** | **(Registrant's telephone number, including area code)** | **(Registrant's telephone number, including area code)** |

---

**___________________________________**

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| **Title of each class** | **Trading<br>Symbol(s)** | **Name of each exchange on which registered** |
| Class A common stock, par value $0.0001 per share | NRDY | New York Stock Exchange |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company&nbsp;&nbsp;&nbsp;&nbsp;☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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**Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.**

*Appointment of Chief Operating Officer*

On August 26, 2025, Nerdy Inc. (the "Company") announced that John A. Paszterko has been appointed Chief Operating Officer of Nerdy Inc. (the "Company"). A copy of the press release dated August 26, 2025, announcing Mr. Paszterko's appointment is attached as Exhibit 99.1 to this report.

Mr. Paszterko, age 42, was most recently Director, Amazon Customer Excellence Systems (ACES), North American Fulfillment, for Amazon.com, Inc. Mr. Paszterko joined Amazon in 2016, and worked in a variety of positions of increasing responsibility before being named Director, Outbound and Workflow Systems, ACES, in March 2022 and then to his most recent position in January 2024. Prior to his time at Amazon, Mr. Paszterko served in the U.S. Army for 10 years. Mr. Paszterko holds a Masters of Science in Global Business and Finance from Georgetown University, and is a graduate of the United States Military Academy at West Point.

Mr. Paszterko will receive the compensation described below:

**Base Salary**: $475,000

**2025 Cash Incentive**: Annual target cash bonus opportunity of $100,000, subject to pro-ration based upon the number of days employed in 2025

**Sign-On Bonus**: $112,000

**Equity Award**: 600,000 Restricted Stock Units, with a grant date of October 15, 2025, vesting quarterly pro-rata over three years

**Other**: Mr. Paszterko will be eligible to participate with other executives and/or employees of the Company in Company-provided insurance benefits, so long as he meets the applicable eligibility requirements, and in such fringe benefit plans as are provided to other executives and/or employees of the Company, including holidays, paid time off, and other benefits, and subject to the terms and conditions of those plans, policies, or practices.

There are no arrangements or understandings between Mr. Paszterko and any other persons pursuant to which he was appointed Chief Operating Officer, and there are no family relationships between Mr. Paszterko and any director or executive officer of the Company. Additionally, there are no related party transactions between Mr. Paszterko and the Company reportable under Item 404(a) of Regulation S-K.

**Item 9.01. Financial Statements and Exhibits.**

**(d) Exhibits.**

---

| | |
|:---|:---|
| Exhibit No. | Description |
| 99.1 | <u>[Press Release dated August](cooannouncement.htm)[2](cooannouncement.htm)[6](cooannouncement.htm)[, 2025.](cooannouncement.htm)</u> |
| 104 | Cover Page Interactive Data File (the cover page iXBRL tags are embedded within the Inline XBRL document). |

---

------

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | | |
|:---|:---|:---|
| | **Nerdy Inc.** | **Nerdy Inc.** |
| | (Registrant) | (Registrant) |
| Date: August 26, 2025 | By: | /s/ Christopher C. Swenson |
|  |  | Name: Christopher C. Swenson |
|  |  | Title: Chief Legal Officer and Corporate Secretary |

---

## Exhibit 99.1

**Exhibit 99.1**

**Nerdy Appoints John Paszterko as Chief Operating Officer** 

August 26, 2025 ST. LOUIS--(BUSINESS WIRE)-- Nerdy Inc. (NYSE: NRDY), the parent company of Varsity Tutors and creator of the Live + AI™ next-generation AI-enhanced tutoring platform that pairs expert human instruction with artificial intelligence, announced that it has appointed John Paszterko as its Chief Operating Officer.

"We're thrilled to welcome John Paszterko as Chief Operating Officer of Nerdy. John's expertise in scaling operations, driving efficiency, and integrating cutting-edge technology at Amazon makes him the ideal leader to accelerate our Live + AI™ platform. His focus on operational discipline and innovation will help us convert AI advantages into accelerated revenue growth, expanded margins, and profitability, creating long-term value for our shareholders," said Chuck Cohn, Founder, CEO, and Chairman of Nerdy Inc.

As Nerdy's Chief Operating Officer, Paszterko will lead Consumer Sales, Marketplace Operations, and Member Services.

"I'm joining Nerdy because the opportunity is clear: Live + AI™ - artificial intelligence applied to human interaction - is poised to scale high-impact learning and drive sustainable growth and profitability." - John Paszterko, Chief Operating Officer of Nerdy Inc.

Paszterko joins Nerdy from Amazon, where he spent more than 9 years, most recently as Head of North America Customer Fulfillment (NACF) operations efficiency and technology integration team, leading 180+ Product, Program, and Data Science managers responsible for process improvement and standardization across 200+ Fulfillment Centers and three business lines (Amazon Robotics Sortable, Inbound Cross-Dock, and Non-Sortable). Prior to Amazon, Paszterko spent 10 years in the U.S. Army. Paszterko is a graduate of the United States Military Academy at West Point and holds a Master of Science in Global Business and Finance from Georgetown University.

------

**About Nerdy Inc.**

Nerdy (NYSE: NRDY) is a leading platform for live online learning, with a mission to transform the way people learn through technology. The Company's purpose-built proprietary platform leverages technology, including AI, to connect learners of all ages to experts, delivering superior value on both sides of the network. Nerdy's comprehensive learning destination provides learning experiences across thousands of subjects and multiple formats—including Learning Memberships, one-on-one instruction, small group tutoring, large format classes, and adaptive assessments. Nerdy's flagship business, Varsity Tutors, is one of the nation's largest platforms for live online tutoring and classes. Its solutions are available directly to students and consumers, as well as through schools and other institutions. Learn more about Nerdy at https://www.nerdy.com.

***Forward-Looking Statements***

All statements contained herein that do not relate to matters of historical fact should be considered forward-looking statements, including, without limitation, statements regarding our strategic priorities, including those related to revenue growth; enhancing the Learning Membership experience; AI-enabled productivity and operating leverage; the growth of our Institutional business; the sufficiency of our cash to fund future operations; and our anticipated quarterly and full year 2025 outlook; as well as statements that include the words "expect," "plan," "believe," "project," "will" and "may," and similar statements of a future or forward-looking nature. The forward-looking statements made herein relate only to events as of the date on which the statements are made. We undertake no obligation to update any forward-looking statements to reflect events or circumstances after the date of this press release or to reflect new information or the occurrence of unanticipated events, except as required by law. We may not actually achieve the plans, intentions, or expectations disclosed in our forward-looking statements, and you should not place undue reliance on our forward-looking statements. There are a significant number of factors that could cause actual results to differ materially from statements made herein or in connection herewith, including but not limited to, our offerings continue to evolve, which makes it difficult to predict our future financial and operating results; our history of net losses and negative operating cash flows, which could require us to need other sources of liquidity; risks associated with our ability to acquire and retain customers, operate, and scale up our Consumer and Institutional businesses; risks associated with our intellectual property, including claims that we infringe on a third-party's intellectual property rights; risks associated with our classification of some individuals and entities we contract with as independent contractors; risks associated with the liquidity and trading of our securities; risks associated with payments that we may be required to make under the tax receivable agreement; litigation, regulatory and reputational risks arising from the fact that many of our Learners are minors; changes in applicable law or regulation; the possibility of cyber-related incidents and their related impacts on our business and results of operations; risks associated with the development and use of artificial intelligence and related regulatory uncertainty; the possibility that we may be adversely affected by other economic, business, and/or competitive factors; and risks associated with managing our growth. Our actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to, risks detailed in our filings with the SEC, including our Annual Report on Form 10-K filed on February 27, 2025, as well as other filings that we may make from time to time with the SEC.

Investor Relations:

investors@nerdy.com

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