Nextdoor (NYSE: NXDR) director exercises 6,535 RSUs, holds 376,529 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Nextdoor Holdings director Robert Hohman increased his equity stake through RSU vesting. On March 31, he exercised 6,535 Restricted Stock Units, receiving 6,535 shares of Class A Common Stock at no cash exercise price. Following the transaction, he directly owns 376,529 common shares and 19,608 RSUs. Each RSU represents a contingent right to one share, and the award is scheduled to vest in four equal installments on March 31, 2026, June 30, 2026, September 30, 2026, and December 31, 2026, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
6,535 shares exercised/converted
Mixed
2 txns
Insider
Hohman Robert
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units (RSU) | 6,535 | $0.00 | -- |
| Exercise | Class A Common Stock | 6,535 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units (RSU) — 19,608 shares (Direct);
Class A Common Stock — 376,529 shares (Direct)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock, subject only to continued service to the Issuer. The RSU Award will vest as to 1/4 of the shares subject to the award on each of March 31, 2026, June 30, 2026, September 30, 2026 and December 31, 2026, in each case, subject to the reporting person's continued service to the Issuer through each such date. These RSUs do not expire; they either vest or are cancelled prior to the vesting date.
Key Figures
RSUs exercised: 6,535 units
Shares received from RSUs: 6,535 shares
Shares held after transaction: 376,529 shares
+1 more
4 metrics
RSUs exercised
6,535 units
RSUs converted to Class A Common Stock on March 31, 2026
Shares received from RSUs
6,535 shares
Class A Common Stock acquired at $0.0000 per share
Shares held after transaction
376,529 shares
Direct Class A Common Stock ownership following March 31, 2026 transaction
RSUs outstanding after transaction
19,608 units
Restricted Stock Units remaining after 6,535 unit conversion
Key Terms
Restricted Stock Units (RSU), Class A Common Stock, derivative security, vesting, +1 more
5 terms
Restricted Stock Units (RSU) financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
Class A Common Stock financial
"one share of the Issuer's Class A Common Stock, subject only to continued service"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
vesting financial
"The RSU Award will vest as to 1/4 of the shares subject to the award"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
contingent right financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
FAQ
What did NXDR director Robert Hohman report in this Form 4?
Robert Hohman reported the vesting and exercise of 6,535 RSUs into 6,535 shares of Nextdoor Holdings Class A Common Stock. The transaction reflects an equity award conversion, not an open-market stock purchase or sale.
What are RSUs in the Nextdoor (NXDR) Form 4 for Robert Hohman?
The RSUs are equity awards where each unit represents a contingent right to receive one share of Nextdoor’s Class A Common Stock. They convert into shares only if the service-based vesting conditions described in the award’s schedule are met by the reporting person.
How will Robert Hohman’s remaining RSUs in NXDR vest over time?
The RSU award is scheduled to vest in four equal installments on March 31, 2026, June 30, 2026, September 30, 2026, and December 31, 2026. Vesting on each date requires the reporting person to continue providing service to Nextdoor through that date.