Nextdoor (NYSE: NXDR) director receives 26,143 RSU equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Pressman Jason reported acquisition or exercise transactions in this Form 4 filing.
Nextdoor Holdings, Inc. director Jason Pressman received a grant of 26,143 restricted stock units tied to Class A common stock. Each RSU represents a right to one share.
The award vests in four equal installments on March 31, June 30, September 30 and December 31, 2026, subject to his continued service, and involves no open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Pressman Jason
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units (RSU) | 26,143 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units (RSU) — 26,143 shares (Direct)
Footnotes (1)
- 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. The RSU Award will vest as to 1/4 of the shares subject to the award on each of March 31, 2026, June 30, 2026, September 30, 2026 and December 31, 2026, in each case, subject to the reporting person's continued service to the Issuer through each such date. These RSUs do not expire; they either vest or are cancelled prior to the vesting date.
FAQ
What insider transaction did Nextdoor (NXDR) report for Jason Pressman?
Nextdoor reported that director Jason Pressman received 26,143 restricted stock units as an equity award. Each RSU corresponds to one share of Class A common stock, with future delivery contingent on vesting and his continued service to the company through specified dates in 2026.
What is the vesting schedule for Jason Pressman’s 26,143 RSUs at Nextdoor (NXDR)?
The RSUs vest in four equal tranches during 2026. One-quarter of the 26,143 units vests on March 31, June 30, September 30 and December 31, 2026. Each vesting date requires Jason Pressman to remain in continued service with Nextdoor through that specific date.
Does Jason Pressman’s Form 4 for Nextdoor (NXDR) show a stock purchase or sale?
The Form 4 shows an equity grant, not an open-market stock purchase or sale. Jason Pressman received 26,143 restricted stock units at no exercise price as compensation. The filing reflects an acquisition of derivative securities rather than trading Nextdoor Class A common stock in the market.
Do Jason Pressman’s RSUs at Nextdoor (NXDR) have an expiration date?
The RSUs do not have a traditional expiration date. According to the disclosure, they will either vest on the scheduled 2026 vesting dates or be cancelled beforehand. Vesting is conditioned on Jason Pressman’s continued service with Nextdoor through each applicable vesting date.
What conditions must be met for Jason Pressman’s Nextdoor (NXDR) RSUs to vest?
Vesting of Jason Pressman’s RSUs is subject only to continued service with Nextdoor. One-quarter of the award vests on each of March 31, June 30, September 30 and December 31, 2026, provided he remains in service through each respective date when the tranche is scheduled to vest.