NXDR Rule 144 Notice — 162,500 Common Shares Planned Sale on NYSE
Rhea-AI Filing Summary
Nextdoor Holdings, Inc. (NXDR) Form 144 notice reports a proposed sale of 162,500 common shares via Morgan Stanley Smith Barney on the NYSE with an aggregate market value of $326,625. The filing shows the seller acquired 2,500 shares on 08/14/2025 through an Employee Stock Purchase Plan (paid in cash) and 160,000 shares on 05/15/2022 as Restricted Stock Units. No securities were reported sold in the past three months and the filer certifies they are not aware of undisclosed material adverse information.
Positive
- Timely compliance with Rule 144 by filing a notice for the proposed sale
- Transparency on acquisition: securities were acquired through an Employee Stock Purchase Plan and Restricted Stock Units
Negative
- Proposed sale of 162,500 shares for an aggregate market value of $326,625
- Shares represent a portion of issued stock: filing shows 239,445,147 shares outstanding (sale is a small fraction)
Insights
TL;DR: Routine insider sale notice for a modest block of shares; limited direct impact on valuation.
The Form 144 documents a proposed sale of 162,500 common shares valued at $326,625, representing a small fraction of the 239,445,147 shares outstanding reported in the filing. The underlying holdings consist of ESPP purchases and RSU vesting, indicating the shares are from compensation rather than secondary strategic disposals. No prior sales in the past three months were reported, and the filer affirms no undisclosed material adverse information.
TL;DR: Filing appears to comply with Rule 144 disclosure requirements and includes acquisition details and broker information.
The notice lists the broker (Morgan Stanley Smith Barney LLC), broker address, approximate sale date (08/19/2025), and acquisition dates and methods (Employee Stock Purchase Plan and Restricted Stock Units). The filing includes the required certification regarding material adverse information and indicates no securities sold in the prior three months, aligning with typical Rule 144 procedural disclosures.