In a recent move, Charles K. Cohn, the Chief Executive Officer of Nerdy Inc. (NYSE:NRDY), an educational services provider, has increased his stake in the company through the purchase of additional shares. The transaction, which occurred on June 13, 2024, involved Cohn acquiring 347,275 shares of Class A Common Stock at a weighted average price of $1.88 per share, totaling over $652,877.
This acquisition was executed in multiple transactions with prices ranging from $1.83 to $1.95 per share. Cohn, who also serves as a director and a ten-percent owner of Nerdy Inc., has shown a strong commitment to the company through this substantial investment. Following the purchase, the total number of shares owned by Cohn in Nerdy Inc. has reached 1,770,251 shares, held indirectly through the Cohn Family Trust U/A/D 3/16/2017.
