NXDR Form 3: Chief Accounting Officer discloses shares, options and RSU vesting schedule
Rhea-AI Filing Summary
How Antoinette filed an initial Form 3 reporting beneficial ownership in Nextdoor Holdings, Inc. (NXDR) following a 09/01/2025 event. The reporting person is identified as a Director and the Chief Accounting Officer and filed the form individually.
The filing shows 51,990 shares of Class A common stock held directly and multiple stock options and restricted stock units. Option awards include rights to purchase Class B and Class A shares totaling 548,415 underlying shares across listed grants with exercise prices from $1.49 to $6.06 and exercisable dates from 02/13/2029 through 10/04/2032. Several RSU awards totaling 378,... shares (specific RSU quantities listed) vest on scheduled quarterly dates between July 15, 2024 and April 15, 2026, subject to continued service.
Positive
- Direct ownership of 51,990 Class A common shares is explicitly reported
- Multiple option grants are listed with exercise prices and exercisability dates, including fully vested awards
- RSU vesting schedules are detailed with specific quarterly vesting dates and service conditions, improving transparency
Negative
- None.
Insights
TL;DR: Routine Form 3 shows meaningful equity and multi-year option/RSU grants for a director/officer, aligning compensation with shareholder outcomes.
The filing documents direct ownership of 51,990 Class A shares and multiple option grants convertible into Class A and Class B shares with explicit exercise prices and long-dated exercisability. Numerous RSU awards with detailed quarterly vesting schedules are disclosed, some vesting beginning July 15, 2024 and continuing through April 15, 2026. For investors, this confirms executive equity exposure and the timing of potential share issuance on vesting or exercise.
TL;DR: Disclosure is standard for an officer/director; it clearly lists vested options and phased RSU vesting tied to continued service.
The report identifies the reporting person as an officer (Chief Accounting Officer) and director and supplies granular vesting schedules for multiple RSU awards plus fully vested stock options. The explicit vesting dates and service conditions are important for governance transparency and for assessing executive incentives and retention mechanisms.