Nextdoor (NXDR) grants CRO Michael Kiernan over 884,000 PSUs and RSUs

Rhea-AI Filing Summary

Kiernan Michael reported acquisition or exercise transactions in this Form 4 filing.

Nextdoor Holdings, Inc. granted Chief Revenue Officer Michael Kiernan two large equity awards. He received 442,086 Performance Stock Units (PSUs) and 442,086 Restricted Stock Units (RSUs), each tied to the company’s Class A common stock.

The PSUs can ultimately deliver between 0% and 200% of the 442,086-share reference amount, depending on achievement of four escalating stock price performance targets during a period from March 5, 2026 to January 15, 2030 and continued service. Eligible PSUs vest annually on January 15, starting in 2027, and any unearned units are forfeited on January 15, 2030.

Each RSU represents the right to receive one share, based solely on continued service. The RSUs vest in sixteen equal quarterly installments over four years on the 15th of April, July, October and January, beginning April 15, 2026, and either vest or are cancelled before their vesting dates.

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Kiernan Michael

(Last) (First) (Middle)

C/O NEXTDOOR HOLDINGS, INC.

420 TAYLOR STREET

(Street)

SAN FRANCISCO CALIFORNIA 94102

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Revenue Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026

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

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

4. If Amendment, Date of Original Filed (Month/Day/Year)
03/09/2026

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Performance Stock Units (PSU)	(1)	03/05/2026		A		442,086		(2)	01/15/2030(3)	Class A Common Stock	442,086	$0	442,086	D
Restricted Stock Units (RSU)	(4)	03/05/2026		A		442,086		(5)	(6)	Class A Common Stock	442,086	$0	442,086	D

Explanation of Responses:

1. The performance stock units ("PSUs") represent a contingent right to receive shares of the Issuer's Class A Common Stock, subject to the achievement of applicable performance criteria and the reporting person's continued service to the Issuer through the later of: (i) the date such achievement is certified. or (ii) the scheduled vesting date. The number of shares that will vest, if any, is contingent on achievement of the relevant Performance Targets (defined below), with the potential for the reporting person to earn a number of shares between 0% and 200% of the numbers reflected in the row above. The grant details reported in the row above represent the number of shares that may vest and be earned based on achievement of all Performance Targets at 100%.

2. The PSU award is subject to a service-based vesting schedule and performance criteria relating to the achievement of four escalating stock price targets (the "Performance Targets") during a performance period beginning on March 5, 2026 and ending January 15, 2030 (the "Performance Period"). Subject to achievement of the relevant Performance Target and the Reporting Person's continued service to the Issuer through the applicable vesting date, the award shall vest annually in four installments on the 15th calendar day of January, with the first tranche capable of vesting on January 15, 2027.

3. To the extent the relevant performance criteria are not achieved (i.e., achieved at 0%), the PSUs comprising this award will expire and be forfeited on January 15, 2030.

4. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock, subject only to continued service to the Issuer, as described in footnote 5 below.

5. The RSU award vests in sixteen ratable quarterly installments over four years on the 15th calendar day of April, July, October and January, with the first such vesting event on April 15, 2026, subject to the reporting person's continued service to the Issuer on each vesting date.

6. These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.

Remarks:

This Form 4 is being amended to correct the beginning of the performance period and the expiration date of the PSU grant. This amendment supersedes and replaces all prior amendments of this Form 4 previously filed.

	/s/ Sophia Contreras Schwartz, as Attorney-in-Fact for Reporting Person	03/20/2026
	** 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 4 (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.
* Form 4: SEC 1474 (03-26)

FAQ

What equity awards did Nextdoor (NXDR) grant to Chief Revenue Officer Michael Kiernan?

Nextdoor granted Michael Kiernan 442,086 Performance Stock Units and 442,086 Restricted Stock Units. Both awards are tied to Class A common stock and are subject to multi‑year vesting based on performance and continued service conditions.

How do the Performance Stock Units for Nextdoor (NXDR) executive Michael Kiernan work?

The PSUs reference 442,086 shares and can vest between 0% and 200% of that amount. Vesting depends on meeting four escalating stock price targets between March 5, 2026 and January 15, 2030, plus Kiernan’s continued service through each annual January 15 vesting date.

When do Michael Kiernan’s Nextdoor (NXDR) PSUs and RSUs start vesting?

The PSU award’s first potential vesting is on January 15, 2027, if a performance target is met and service continues. The RSU award begins vesting earlier, in sixteen equal quarterly installments, starting on April 15, 2026, subject to continued service on each vesting date.

What happens if Nextdoor (NXDR) fails to hit the PSU performance targets for Michael Kiernan?

If the relevant performance criteria are achieved at 0%, the PSUs do not vest. Any PSUs that have not vested by January 15, 2030 are forfeited, meaning Kiernan receives no shares from those unearned units at the end of the performance period.

Are Michael Kiernan’s Nextdoor (NXDR) RSUs subject to performance conditions?

The RSUs are based solely on continued service, not stock price performance. Each RSU converts into one share if Kiernan remains employed through the vesting dates. They vest quarterly over four years and either vest or are cancelled before vesting; they do not expire otherwise.

What is the overall scale of Michael Kiernan’s new equity grants at Nextdoor (NXDR)?

Kiernan received two large awards: 442,086 PSUs and 442,086 RSUs, each linked to Class A common stock. The ultimate number of PSU shares can range from zero up to 200% of 442,086, depending on performance, while RSUs can deliver up to 442,086 shares if fully vested.