Nextdoor (NXDR) CEO Nirav Tolia exercises RSUs and covers taxes with shares

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Nextdoor Holdings, Inc. CEO and President Nirav N. Tolia reported routine equity compensation activity involving restricted stock units that vested into Class A Common Stock. On April 15, 2026, he exercised RSUs covering 468,773 shares at an exercise price of $0.00 per share.

To cover tax obligations, the issuer withheld an aggregate of 184,464 shares of Class A Common Stock at $1.52 per share through tax-withholding dispositions coded "F." Following these transactions, Tolia directly held 1,816,042 shares of Class A Common Stock.

Insider Trade Summary

468,773 shares exercised/converted

Mixed 9 txns

Insider Tolia Nirav N

Role CEO and President

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units (RSU)	313,127	$0.00	--
Exercise	Restricted Stock Units (RSU)	45,125	$0.00	--
Exercise	Restricted Stock Units (RSU)	110,521	$0.00	--
Exercise	Class A Common Stock	313,127	$0.00	--
Tax Withholding	Class A Common Stock	123,216	$1.52	$187K
Exercise	Class A Common Stock	45,125	$0.00	--
Tax Withholding	Class A Common Stock	17,757	$1.52	$27K
Exercise	Class A Common Stock	110,521	$0.00	--
Tax Withholding	Class A Common Stock	43,491	$1.52	$66K

Holdings After Transaction: Restricted Stock Units (RSU) — 2,505,010 shares (Direct); Class A Common Stock — 1,844,860 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. The RSU award vests in equal quarterly installments over four years on January 15, April 15, July 15 and October 15 of each calendar year, with the first such vesting event on July 15, 2024, subject to the reporting person's continued service to the Issuer on each vesting date. These RSUs do not expire; they either vest or are cancelled prior to the vesting date. The RSU award vests in equal quarterly installments over four years on January 15, April 15, July 15 and October 15 of each calendar year, with the first such vesting event on April 15, 2025, subject to the reporting person's continued service to the Issuer on each vesting date. The RSU award vests in equal quarterly installments over four years on January 15, April 15, July 15 and October 15 of each calendar year, with the first such vesting event on April 15, 2026, subject to the reporting person's continued service to the Issuer on each vesting date.

Key Figures

RSU exercises: 468,773 shares Tax-withholding shares: 184,464 shares Tax-withholding price: $1.52 per share +4 more

7 metrics

RSU exercises 468,773 shares Underlying Class A Common Stock exercised via code M on April 15, 2026

Tax-withholding shares 184,464 shares Shares withheld for taxes via code F at $1.52 per share

Tax-withholding price $1.52 per share Reference price for code F tax-withholding dispositions

Post-transaction holdings 1,816,042 shares Direct Class A Common Stock held after April 15, 2026 transactions

Largest RSU tranche 313,127 units Restricted Stock Units exercised into Class A Common Stock

Second RSU tranche 110,521 units Restricted Stock Units exercised into Class A Common Stock

Third RSU tranche 45,125 units Restricted Stock Units exercised into Class A Common Stock

Key Terms

Restricted Stock Units (RSU), tax-withholding disposition, derivative security, Class A Common Stock, +1 more

5 terms

Restricted Stock Units (RSU) financial

"Each restricted stock unit ("RSU") represents a contingent right to receive one share"

tax-withholding disposition financial

"transaction_action": "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

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.

Class A Common Stock financial

"underlying_security_title": "Class A Common Stock""

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.

vests in equal quarterly installments financial

"The RSU award vests in equal quarterly installments over four years"

Form 4 Insider Transactions: What Each Field Means →

04/17/2026 - 04:02 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Tolia Nirav N

(Last)

(First)

(Middle)

C/O NEXTDOOR HOLDINGS, INC.

420 TAYLOR STREET

(Street)

SAN FRANCISCO

CALIFORNIA

94102

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Nextdoor Holdings, Inc. [ NXDR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	CEO and President

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	04/15/2026		M		313,127	A	$0	1,844,860	D
Class A Common Stock	04/15/2026		F		123,216	D	$1.52	1,721,644	D
Class A Common Stock	04/15/2026		M		45,125	A	$0	1,766,769	D
Class A Common Stock	04/15/2026		F		17,757	D	$1.52	1,749,012	D
Class A Common Stock	04/15/2026		M		110,521	A	$0	1,859,533	D
Class A Common Stock	04/15/2026		F		43,491	D	$1.52	1,816,042	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units (RSU)	⁽¹⁾	04/15/2026		M			313,127	⁽²⁾	⁽³⁾	Class A Common Stock	313,127	$0	2,505,010	D
Restricted Stock Units (RSU)	⁽¹⁾	04/15/2026		M			45,125	⁽⁴⁾	⁽³⁾	Class A Common Stock	45,125	$0	496,379	D
Restricted Stock Units (RSU)	⁽¹⁾	04/15/2026		M			110,521	⁽⁵⁾	⁽³⁾	Class A Common Stock	110,521	$0	1,657,825	D

Explanation of Responses:

1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.

2. The RSU award vests in equal quarterly installments over four years on January 15, April 15, July 15 and October 15 of each calendar year, with the first such vesting event on July 15, 2024, subject to the reporting person's continued service to the Issuer on each vesting date.

3. These RSUs do not expire; they either vest or are cancelled prior to the vesting date.

4. The RSU award vests in equal quarterly installments over four years on January 15, April 15, July 15 and October 15 of each calendar year, with the first such vesting event on April 15, 2025, subject to the reporting person's continued service to the Issuer on each vesting date.

5. The RSU award vests in equal quarterly installments over four years on January 15, April 15, July 15 and October 15 of each calendar year, with the first such vesting event on April 15, 2026, subject to the reporting person's continued service to the Issuer on each vesting date.

Remarks:

	/s/ Sophia Contreras Schwartz, as Attorney-in-Fact for Reporting Person	04/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did NXDR CEO Nirav Tolia report on April 15, 2026?

Nirav Tolia reported RSU vesting and related share issuances on April 15, 2026. He exercised restricted stock units into 468,773 shares of Class A Common Stock, with a portion of the resulting shares withheld to satisfy tax obligations through coded F tax-withholding dispositions.

How many Nextdoor (NXDR) shares did Nirav Tolia acquire through RSU exercises?

Tolia exercised restricted stock units representing 468,773 underlying shares of Class A Common Stock. These transactions were coded M as derivative exercises at a $0.00 exercise price per share, reflecting equity compensation vesting rather than open-market purchases of Nextdoor stock.

How many NXDR shares were withheld for Nirav Tolia’s taxes in this Form 4?

An aggregate of 184,464 shares of Class A Common Stock were withheld to cover tax obligations. These non-market dispositions were reported under code F at a reference price of $1.52 per share, indicating payment of tax liability by delivering shares back to the issuer.

What is Nirav Tolia’s direct Nextdoor (NXDR) shareholding after these transactions?

After the reported RSU exercises and tax-withholding dispositions, Tolia directly held 1,816,042 shares of Class A Common Stock. This post-transaction balance reflects his continuing equity stake following routine compensation-related vesting activity disclosed in the Form 4 filing.

Were Nirav Tolia’s NXDR transactions open-market buys or sales?

The reported activity consists of RSU exercises and tax-withholding dispositions, not open-market trades. Code M entries show derivative exercises at $0.00, while code F entries reflect shares withheld at $1.52 to satisfy tax obligations, rather than discretionary purchases or sales in the market.

How do the RSU awards for NXDR’s CEO vest over time?

The RSU awards vest in equal quarterly installments over four years on January 15, April 15, July 15, and October 15. Different awards begin vesting on specified start dates, and each vesting is contingent on Tolia’s continued service to Nextdoor on the applicable vesting dates.