[Form 4/A] Nextdoor Holdings, Inc. Amended Insider Trading Activity
Rhea-AI Filing Summary
Lisowski Craig reported acquisition or exercise transactions in this Form 4 filing.
Nextdoor Holdings reported that its President of Products, Craig Lisowski, received new equity awards in the form of performance stock units (PSUs) and restricted stock units (RSUs). The filing shows grants covering 663,129 PSUs and 663,129 RSUs, each tied to the company’s Class A common stock.
The PSUs are a contingent right to shares, vesting only if specified stock price performance targets are met during a performance period from March 5, 2026 to January 15, 2030, and if Lisowski remains employed. Depending on performance, between 0% and 200% of the 663,129 target shares may ultimately vest, with potential annual vesting on January 15 starting in 2027 and any unearned PSUs forfeiting on January 15, 2030.
The RSUs represent a right to receive one share of Class A common stock per unit, subject solely to continued service. They vest in sixteen equal quarterly installments over four years on January 15, April 15, July 15 and October 15 of each year, beginning April 15, 2026. Any RSUs that do not vest are cancelled rather than expiring on a set date.
Positive
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