[Form 3] Nextdoor Holdings, Inc. Initial Statement of Beneficial Ownership

Rhea-AI Filing Summary

Nextdoor Holdings, Inc. (NXDR) reported an initial Form 3 filing for Craig Lisowski showing direct ownership and equity awards tied to his officer role. The filing lists 1,237,435 shares of Class A common stock held directly and a portfolio of stock options and restricted stock units (RSUs) that convert to Class A or Class B shares. Several option tranches are exercisable between 2025 and 2033 and RSUs vest quarterly over one, two and three years starting April 15, 2025.

Positive

• Significant direct ownership: Reporting person holds 1,237,435 Class A shares, indicating alignment with shareholders.
• Substantial incentive awards: Stock options and RSUs aggregate into multi-year vested/effected holdings, linking compensation to long-term service through 2033.

Negative

• None.

Insights

Financial Analyst

TL;DR: Officer holds meaningful equity and multi-year incentive awards; disclosure is routine but signals alignment with shareholders.

The Form 3 documents Craig Lisowski's direct holding of 1,237,435 Class A shares plus options totaling approx. 1.9 million underlying shares across multiple grants and RSUs aggregating over 1.8 million Class A shares. These awards span vesting schedules through 2033 and include both Class A and Class B conversion profiles. For investors this confirms management ownership and multi-year incentive structure, but does not present new operational or financial data.

Corporate Governance Expert

TL;DR: Disclosure meets Section 16 requirements and shows standard executive compensation vesting schedules tied to service.

The filing is an initial beneficial ownership statement that properly itemizes direct holdings, vested options, and time-vesting RSUs with explicit quarterly vesting start dates on April 15, 2025. The mix of immediate vested options and multi-year RSUs is consistent with retention and incentive practices. No delegation, pledging, or derivative hedging arrangements are disclosed.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Lisowski Craig

(Last) (First) (Middle)

C/O NEXTDOOR HOLDINGS, INC.

420 TAYLOR STREET

(Street)

SAN FRANCISCO CA 94102

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
08/07/2025

3. Issuer Name and Ticker or Trading Symbol
Nextdoor Holdings, Inc. [ NXDR ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President of Products

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Common Stock	1,237,435	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (Right to Buy)	(1)	02/13/2029	Class B Common Stock	797,281	$1.49	D
Stock Option (Right to Buy)	(1)	03/23/2031	Class B Common Stock	414,489	$2.41	D
Stock Option (Right to Buy)	(1)	03/24/2032	Class A Common Stock	405,386	$6.06	D
Stock Option (Right to Buy)	(1)	03/01/2033	Class A Common Stock	81,049	$1.91	D
Stock Option (Right to Buy)	(1)	04/02/2033	Class A Common Stock	27,013	$2.11	D
Stock Option (Right to Buy)	(1)	04/30/2033	Class A Common Stock	27,013	$2.04	D
Stock Option (Right to Buy)	(1)	05/31/2033	Class A Common Stock	27,013	$2.73	D
Stock Option (Right to Buy)	(1)	07/02/2033	Class A Common Stock	27,013	$3.31	D
Stock Option (Right to Buy)	(1)	07/31/2033	Class A Common Stock	7,718	$3.1	D
Stock Option (Right to Buy)	09/01/2025	07/31/2033	Class A Common Stock	19,295	$3.1	D
Stock Option (Right to Buy)	(1)	08/31/2033	Class A Common Stock	7,718	$2.18	D
Stock Option (Right to Buy)	10/01/2025	08/31/2033	Class A Common Stock	19,295	$2.18	D
Stock Option (Right to Buy)	(1)	10/01/2033	Class A Common Stock	7,718	$1.77	D
Stock Option (Right to Buy)	11/01/2025	10/01/2033	Class A Common Stock	19,295	$1.77	D
Stock Option (Right to Buy)	(1)	10/31/2033	Class A Common Stock	7,718	$1.76	D
Stock Option (Right to Buy)	12/01/2025	10/31/2033	Class A Common Stock	19,295	$1.76	D
Stock Option (Right to Buy)	(1)	11/30/2033	Class A Common Stock	7,718	$1.64	D
Stock Option (Right to Buy)	01/01/2026	11/30/2033	Class A Common Stock	19,295	$1.64	D
Restricted Stock Units (RSU)	(2)	(3)	Class A Common Stock	67,149	$0	D
Restricted Stock Units (RSU)	(4)	(3)	Class A Common Stock	1,071,429	$0	D
Restricted Stock Units (RSU)	(5)	(3)	Class A Common Stock	726,745	$0	D

Explanation of Responses:

1. The stock option award is fully vested and exercisable.

2. The restricted stock unit ("RSU") award vests in equal quarterly installments over one year on January 15, April 15, July 15, and October 15, 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.

3. These RSUs do not expire; they either vest or are cancelled prior to the vesting date.

4. The RSU award vests in equal quarterly installments over two years on January 15, April 15, July 15 and October 15 of each calendar year, with the first such vesting date on April 15, 2025, subject to the reporting person's continued service to the Issuer on each vesting date.

5. The RSU award vests in equal quarterly installments over three years on January 15, April 15, July 15 and October 15 of each calendar year, with the first such vesting date on April 15, 2025, subject to the reporting person's continued service to the Issuer on each vesting date.

Remarks:

Exhibit 24.1 - Power of Attorney.

	/s/ Sophia Contreras Schwartz, as Attorney-in-Fact for Reporting Person	08/18/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Craig Lisowski disclose on the Form 3 for NXDR?

The filing shows 1,237,435 Class A shares directly owned and multiple stock options and RSU awards that convert to Class A or Class B shares with vesting through 2033.

When do the RSUs and options start vesting for the reporting person?

Certain stock options are fully vested and exercisable now; many option tranches are exercisable between 09/01/2025 and 12/01/2025 with expirations to 2033. RSUs begin vesting in quarterly installments with the first vesting on 04/15/2025.

How many RSUs does the Form 3 report convert into Class A common stock?

The filing lists RSU awards totaling 1,865,323 Class A common stock units across three RSU awards of 67,149, 1,071,429, and 726,745 units.

Does the Form 3 indicate any indirect ownership or pledging for NXDR holdings?

No. All listed positions are reported as Direct (D) ownership; the filing does not disclose any indirect ownership, pledging, or hedging arrangements.

What is the reporting person's role at Nextdoor according to the filing?

Craig Lisowski is reported as an Officer with the title President of Products and is also identified as a Director on the form.