Nextdoor (NXDR) CFO receives 1.55M performance stock units tied to 2030 targets

Rhea-AI Filing Summary

Ponnambalam Indrajit reported acquisition or exercise transactions in this Form 4 filing.

Nextdoor Holdings, Inc. reported that its CFO and Treasurer, Indrajit Ponnambalam, received a grant of 1,554,806 Performance Stock Units (PSUs) tied to the company’s Class A common stock. These PSUs are a contingent right to receive shares based on stock price performance and continued service.

The award’s performance period runs from March 5, 2026 through January 15, 2030, with four escalating stock price targets. Subject to meeting the relevant targets and continued employment, the PSUs can vest in four annual installments each January 15 starting in 2027.

Depending on performance, the CFO may ultimately earn between 0% and 200% of the 1,554,806-share reference amount. Any PSUs for which performance criteria are not achieved by January 15, 2030 will expire and be forfeited.

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^*

Ponnambalam Indrajit

(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)
	CFO and Treasurer

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		1,554,806		(2)	01/15/2030(3)	Class A Common Stock	1,554,806	$0	1,554,806	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.

Remarks:

This Form 4 is being amended to correct the beginning of the performance period 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 insider transaction did Nextdoor (NXDR) report for its CFO?

Nextdoor reported that CFO and Treasurer Indrajit Ponnambalam received a grant of 1,554,806 Performance Stock Units. These units give a contingent right to Class A common shares, depending on achieving stock price targets and maintaining continuous service through specified vesting dates.

How many Performance Stock Units were granted to Nextdoor (NXDR) CFO?

The CFO was granted 1,554,806 Performance Stock Units linked to Class A common stock. This figure represents the number of shares that may vest if all performance targets are achieved at 100%, before applying the possible 0% to 200% performance payout range.

How do the PSUs granted to the Nextdoor (NXDR) CFO vest?

The PSU award can vest in four annual installments on January 15 of each year, starting January 15, 2027. Vesting requires achievement of specified stock price performance targets and the CFO’s continued service through each applicable vesting date during the performance period.

What is the performance period for the Nextdoor (NXDR) CFO PSU award?

The performance period for the CFO’s Performance Stock Units begins on March 5, 2026 and ends on January 15, 2030. Stock price targets must be achieved during this window for PSUs to vest; otherwise, unearned units will expire at the end of the period.

What range of shares can the Nextdoor (NXDR) CFO ultimately earn from these PSUs?

Depending on performance against defined stock price targets, the CFO may earn between 0% and 200% of the 1,554,806-share reference amount. The 1,554,806 units reflect target-level vesting, with actual earned shares adjusted up or down within this range.

When do the unearned PSUs granted to the Nextdoor (NXDR) CFO expire?

Any Performance Stock Units for which the required performance criteria are not achieved will expire and be forfeited on January 15, 2030. This expiration date coincides with the end of the defined performance period for the PSU award.