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Nextdoor Holdings (NXDR) director acquires 6,535 shares via RSU vesting

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Nextdoor Holdings director David L. Sze acquired 6,535 shares of Class A Common Stock through the vesting of restricted stock units. The RSUs converted into shares at a price of $0.00 per share, reflecting equity compensation rather than an open-market purchase or sale.

After the conversion, Sze directly holds 75,162 shares of Class A Common Stock and 19,608 RSUs. Each RSU represents a right to receive one share, subject to continued service, and this award is scheduled to vest in four equal installments on March 31, June 30, September 30, and December 31, 2026, unless cancelled.

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Insider Sze David L
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 — 75,162 shares (Direct)
Footnotes (1)
  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.
RSUs converted 6,535 units RSUs converting into Class A Common Stock on March 31, 2026
Conversion price $0.00 per share RSU conversion price for underlying Class A Common Stock
Shares held after transaction 75,162 shares Direct Class A Common Stock holdings following RSU conversion
RSUs held after transaction 19,608 units Restricted Stock Units remaining after the reported conversion
RSU vesting dates March 31, June 30, September 30, December 31, 2026 Four scheduled vesting dates for the RSU award
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.
Exercise or conversion of derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security"
continued service to the Issuer financial
"subject only to continued service to the Issuer"
vest or are cancelled financial
"These RSUs do not expire; they either vest or are cancelled"
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
Sze David L
(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Common Stock03/31/2026M6,535A$075,162D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units (RSU)(1)03/31/2026M6,535 (2) (3)Class A Common Stock6,535$019,608D
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, subject only to continued service to the Issuer.
2. 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.
3. These RSUs do not expire; they either vest or are cancelled prior to the vesting date.
Remarks:
/s/ Sophia Contreras Schwartz, as Attorney-in-Fact for Reporting Person04/02/2026
** Signature of Reporting PersonDate
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 transaction did NXDR director David L. Sze report?

David L. Sze reported acquiring 6,535 shares of Nextdoor Holdings Class A Common Stock via the vesting and conversion of restricted stock units. The RSUs converted at $0.00 per share, indicating a compensation-related equity award rather than an open-market stock purchase.

How many Nextdoor Holdings (NXDR) shares does David L. Sze now hold?

Following the reported RSU conversion, David L. Sze directly holds 75,162 shares of Nextdoor Holdings Class A Common Stock. He also has 19,608 restricted stock units outstanding, each representing a contingent right to receive one additional share if service-based vesting conditions are satisfied.

What does each RSU represent for Nextdoor Holdings (NXDR)?

Each restricted stock unit represents a contingent right to receive one share of Nextdoor’s Class A Common Stock. That right depends solely on the reporting person’s continued service to the company through the applicable vesting dates defined in the award’s schedule.

What is the vesting schedule of David L. Sze’s RSU award at NXDR?

The RSU award will vest in four equal installments on March 31, June 30, September 30 and December 31, 2026. Each vesting date requires David L. Sze to remain in continued service to Nextdoor Holdings through that specific date to receive the related shares.

Do Nextdoor Holdings (NXDR) RSUs reported here have an expiration date?

The RSUs reported for David L. Sze do not have a traditional expiration date. They either vest into Class A Common Stock on the scheduled 2026 vesting dates, provided service conditions are met, or are cancelled before vesting if those conditions are not satisfied.

Was the NXDR insider transaction an open-market buy or sale?

The transaction was an exercise or conversion of derivative securities, not an open-market trade. RSUs converted into 6,535 shares at $0.00 per share, reflecting equity compensation. No open-market buying or selling activity was reported in this Form 4 filing.