Nextdoor (NXDR) Form 144: 37,495 Class A Shares to Be Sold on NYSE
Rhea-AI Filing Summary
Nextdoor Holdings, Inc. (NXDR) submitted a Form 144 reporting a proposed sale of 37,495 Class A shares through Raymond James & Associates on the NYSE, with an aggregate market value of $68,990.80. The filing records 239,445,147 shares outstanding and an approximate sale date of 08/13/2025. The shares were acquired on 08/26/2024 as an In-Kind Equity Distribution from Shasta Ventures; the table shows Cash as nature of payment and a payment date listed as 09/18/2009. The filing notes "Nothing to Report" for securities sold in the past three months and includes the seller's signed attestation regarding material information and criminal-penalty notice.
Positive
- Form 144 was filed to disclose the proposed sale of 37,495 Class A shares, meeting regulatory notice requirements
- No securities sold in past three months is recorded as "Nothing to Report", indicating no recent public dispositions by the seller
Negative
- Key filer identification fields (CIK/CCC and contact details) are not provided in the supplied content
- Payment date and acquisition date appear inconsistent in the table (payment date 09/18/2009 vs acquisition date 08/26/2024), which may require clarification in the official filing
Insights
TL;DR: Form 144 notifies a proposed sale of 37,495 NXDR Class A shares (about $68,991).
The filing supplies core transactional details: number of shares to be sold, aggregate market value, broker, exchange and an approximate sale date. The reported outstanding share count (239,445,147) allows readers to contextualize the position size. The filing also states there were no related sales in the past three months. This is a routine disclosure required when affiliates or restricted holders propose public sales.
TL;DR: Compliance paperwork appears complete, though some identifying details are not present in the provided text.
The document includes the required attestation language and broker information (Raymond James & Associates). In the supplied content, filer identification fields (CIK/CCC) and submission contact details are blank or not shown, which limits traceability. The acquisition line lists an in-kind distribution from Shasta Ventures and a payment date that predates the listed acquisition date; that discrepancy should be clarified in the official filing records.
FAQ
How many Class A shares of NXDR are proposed for sale in this Form 144?
What is the aggregate market value of the shares listed in the NXDR Form 144?
When is the approximate sale date reported in the NXDR Form 144?
Who is the broker named in the Form 144 for NXDR?
Where did the seller acquire the shares and when, according to the filing?
Does the Form 144 report any securities sold by the person in the past three months?