Nextdoor (NYSE: NXDR) CAO sells 13,935 shares under 10b5-1 plan
Rhea-AI Filing Summary
Nextdoor Holdings, Inc. Chief Accounting Officer How Antoinette reported multiple stock transactions tied to restricted stock unit (RSU) vesting and a subsequent sale. On January 15, 2026, several RSU awards converted into Class A common stock at an exercise price of $0, with some of the newly issued shares withheld at $1.96 per share to cover taxes. On January 16, 2026, the reporting person sold 13,935 shares of Class A common stock at an average price of $1.9465 per share under a Rule 10b5-1 trading plan adopted on June 2, 2025. After these transactions, the reporting person directly owned 18,270 shares of Class A common stock and 94,787 RSUs representing rights to receive additional shares, subject to service-based vesting schedules.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 13,935 | $1.9465 | $27K |
| Exercise | Restricted Stock Units (RSU) | 6,568 | $0.00 | -- |
| Exercise | Restricted Stock Units (RSU) | 3,112 | $0.00 | -- |
| Exercise | Restricted Stock Units (RSU) | 7,347 | $0.00 | -- |
| Exercise | Restricted Stock Units (RSU) | 7,347 | $0.00 | -- |
| Exercise | Restricted Stock Units (RSU) | 9,479 | $0.00 | -- |
| Exercise | Class A Common Stock | 6,568 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 3,032 | $1.96 | $6K |
| Exercise | Class A Common Stock | 3,112 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 1,359 | $1.96 | $3K |
| Exercise | Class A Common Stock | 7,347 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 3,024 | $1.96 | $6K |
| Exercise | Class A Common Stock | 7,347 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 3,024 | $1.96 | $6K |
| Exercise | Class A Common Stock | 9,479 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 3,901 | $1.96 | $8K |
Footnotes (1)
- Sale of shares made pursuant to and in accordance with the requirements of Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, under a plan adopted by the reporting person on June 2, 2025. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock. The RSU award vests in quarterly installments over two years, with 1/6th of the total shares vesting on July 15, 2024, followed by three additional quarterly vesting events of 1/6th of the total shares on October 15, 2024, January 15, 2025, and April 15, 2025, respectively, and four final quarterly vesting events of 1/12th of the total shares on July 15, 2025, October 15, 2025, January 15, 2026, and April 15, 2026, respectively, subject to the reporting person's continued service to the Issuer on each vesting date. These RSUs do not expire; they either vest or are cancelled prior to the vesting date. The 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 July 15, 2025, subject to the reporting person's continued service to the Issuer on each vesting date. 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 July 15, 2025, subject to the reporting person's continued service to the Issuer on each vesting date. 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 July 15, 2025, subject to the reporting person's continued service to the Issuer on each vesting date. 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 October 15, 2025, subject to the reporting person's continued service to the Issuer on each vesting date.
FAQ
What insider transaction did Nextdoor (NXDR) report in this Form 4?
The filing reports that How Antoinette, Chief Accounting Officer of Nextdoor Holdings, Inc., sold 13,935 shares of Class A common stock on January 16, 2026 at an average price of $1.9465 per share, following RSU vesting transactions the prior day.
How many Nextdoor (NXDR) RSUs vested and were exercised in this Form 4?
On January 15, 2026, multiple RSU grants converted into Class A common stock, including tranches of 6,568, 3,112, 7,347, another 7,347, and 9,479 RSUs. Each RSU represents a contingent right to receive one share of Class A common stock, subject to the stated vesting schedules.
How were taxes handled on the vested RSUs for Nextdoor (NXDR)?
For each RSU vesting on January 15, 2026, a portion of the resulting shares was disposed of with transaction code "F" at a price of $1.96 per share. This indicates that shares were withheld to satisfy tax withholding obligations associated with the RSU vesting.
What are the vesting terms of the RSU awards reported by the Nextdoor (NXDR) insider?
The footnotes explain that the RSU awards vest in quarterly installments over one to three years, on January 15, April 15, July 15, and October 15 of specified years. Vesting is conditioned on the reporting person’s continued service to Nextdoor on each vesting date, and the RSUs do not expire but either vest or are cancelled before vesting.
What is the role of How Antoinette at Nextdoor (NXDR) in this Form 4?
The reporting person, How Antoinette, is identified as an officer of Nextdoor Holdings, Inc., serving as the company’s Chief Accounting Officer, and is not listed as a director or 10% owner in this filing.