Nextdoor Holdings (NXDR) GC sells 43K shares, exercises RSUs
Rhea-AI Filing Summary
Nextdoor Holdings General Counsel and Secretary Sophia Schwartz reported a mix of equity transactions in Class A Common Stock. She exercised restricted stock units to acquire 165,070 shares of stock at a conversion price of $0.0000 per share, reflecting multiple RSU vesting events.
To cover tax obligations from these vestings, a total of 72,269 shares were disposed of through tax-withholding transactions at $1.52 per share. In a separate move, she completed an open-market sale of 43,015 shares at an average price of $1.5349 per share.
The sale was carried out under a pre-arranged Rule 10b5-1 trading plan adopted on September 4, 2025, indicating the timing was scheduled in advance. After all transactions, Schwartz directly holds 336,373 shares of Nextdoor Holdings Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 43,015 | $1.5349 | $66K |
| Exercise | Restricted Stock Units (RSU) | 19,707 | $0.00 | -- |
| Exercise | Restricted Stock Units (RSU) | 91,667 | $0.00 | -- |
| Exercise | Restricted Stock Units (RSU) | 24,224 | $0.00 | -- |
| Exercise | Restricted Stock Units (RSU) | 29,472 | $0.00 | -- |
| Exercise | Class A Common Stock | 19,707 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 8,628 | $1.52 | $13K |
| Exercise | Class A Common Stock | 91,667 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 40,132 | $1.52 | $61K |
| Exercise | Class A Common Stock | 24,224 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 10,606 | $1.52 | $16K |
| Exercise | Class A Common Stock | 29,472 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 12,903 | $1.52 | $20K |
Footnotes (1)
- Sale of shares made pursuant to and in accordance with the requirements of Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, under a plan adopted by the Reporting Person on September 4, 2025. 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 eight equal quarterly installments 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 eight equal quarterly installments 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 four equal quarterly installments 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. 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 date on April 15, 2026, subject to the reporting person's continued service to the Issuer on each vesting date.