NXDR Filing: Brokered Sale of 486,320 Class A Shares on NYSE

Rhea-AI Filing Summary

Nextdoor Holdings filed a Form 144 proposing the sale of 486,320 Class A shares through Raymond James, with an aggregate market value of $894,828.80. The sale is listed with an approximate date of 08/13/2025 and the securities exchange shown as NYSE.

The shares were acquired in two in-kind equity distributions from Shasta Ventures on 08/26/2024 (182,003 shares) and 11/07/2024 (304,317 shares); donor acquisition and payment dates are recorded as 09/18/2009 with payment noted as Cash. The filer reports no securities sold in the past three months and certifies not knowing material nonpublic information about the issuer.

Insights

Securities Analyst

TL;DR: Proposed sale equals 486,320 shares (~0.20% of outstanding); likely immaterial to market.

At an aggregate value of $894,828.80, the implied per-share price is $1.84. The proposed block represents approximately 0.20% of the reported 239,445,147 shares outstanding, indicating limited immediate dilution or market impact. The shares were acquired via in-kind equity distributions from Shasta Ventures in 2024 totaling the same amount being offered for sale. The filing also states there were no securities sold in the past three months by the seller.

Corporate Governance Expert

TL;DR: Disclosure follows Rule 144 format; filer affirms absence of undisclosed material information.

The Form 144 lists the broker as Raymond James and includes the standard seller representation that they do not know of any material adverse undisclosed information about the issuer. Acquisition details list transfers from Shasta Ventures with donor acquisition and payment dates recorded as 09/18/2009 and payment noted as Cash. These factual entries are presented in the filing and should be considered by compliance and legal teams when confirming Rule 144 eligibility and aggregation requirements.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Class A	Raymond James & Associates 880 Carillon Parkway St. Petersburg FL 33716	486320	894828.80	239445147	08/13/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Class A	08/26/2024	In-Kind Equity Distribution	Shasta Ventures			182003	09/18/2009	Cash
Class A	11/07/2024	In-Kind Equity Distribution	Shasta Ventures			304317	09/18/2009	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What did Nextdoor (NXDR) disclose in this Form 144 filing?

The filing proposes the sale of 486,320 Class A shares through a broker and includes acquisition details and the seller's standard certification about material information.

How many shares is the filer proposing to sell and what is the aggregate value?

The filer proposes to sell 486,320 shares with an aggregate market value of $894,828.80, implying a per-share figure of $1.84.

When is the proposed sale and on which exchange will it occur?

The approximate date of sale is listed as 08/13/2025 and the filing names the NYSE as the securities exchange.

Who is the broker handling the proposed sale for NXDR?

The broker named in the filing is Raymond James & Associates with an address shown as 880 Carillon Parkway, St. Petersburg, FL 33716.

How were the shares being sold acquired by the filer?

The shares were acquired via two in-kind equity distributions from Shasta Ventures: 182,003 shares on 08/26/2024 and 304,317 shares on 11/07/2024. Donor acquisition and payment dates are recorded as 09/18/2009 with payment noted as Cash.