Nextdoor (NXDR) director Evan L. Dana converts 106,707 RSUs into Class A shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Nextdoor Holdings director Evan L. Dana exercised restricted stock units into Class A common stock. On June 8, 2026, he converted 106,707 RSUs into 106,707 shares of Class A Common Stock at $0.00 per share and now directly holds 152,740 shares. Each RSU represented a right to receive one share of Class A Common Stock and, according to the terms, the RSU award vests on the earlier of the 2026 annual stockholder meeting or June 10, 2026, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
106,707 shares exercised/converted
Mixed
2 txns
Insider
EVAN DANA L
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units (RSU) | 106,707 | $0.00 | -- |
| Exercise | Class A Common Stock | 106,707 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units (RSU) — 0 shares (Direct, null);
Class A Common Stock — 152,740 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock. The entire RSU award vested or vests on the earlier of the (a) date of the 2026 annual meeting of the Issuer's stockholders or (b) June 10, 2026, in each case subject to the reporting person's continued service to Issuer through the applicable vesting date. These RSUs do not expire; they either vest or are cancelled prior to the vesting date.
Key Figures
RSUs exercised: 106,707 units
Shares received: 106,707 shares
Post-transaction holdings: 152,740 shares
+2 more
5 metrics
RSUs exercised
106,707 units
Converted into Class A Common Stock on June 8, 2026
Shares received
106,707 shares
Class A Common Stock from RSU conversion
Post-transaction holdings
152,740 shares
Class A Common Stock held directly after transaction
RSU price per share
$0.00 per share
Stated transaction price for RSU conversion
Vesting latest date
June 10, 2026
Latest possible vesting date for the RSU award
Key Terms
Restricted Stock Units (RSU), contingent right, Class A Common Stock, vested or vests, +1 more
5 terms
Restricted Stock Units (RSU) financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock."
contingent right financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share..."
Class A Common Stock financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
vested or vests financial
"The entire RSU award vested or vests on the earlier of the (a) date of the 2026 annual meeting..."
cancelled prior to the vesting date financial
"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 Evan L. Dana?
Nextdoor reported that director Evan L. Dana exercised 106,707 restricted stock units (RSUs) into 106,707 shares of Class A Common Stock. This compensation-related event increased his directly held stake to 152,740 shares following the transaction.
What was the size of the RSU exercise reported by Nextdoor (NXDR)?
The filing shows Evan L. Dana exercised 106,707 restricted stock units, each representing a right to receive one share of Class A Common Stock. These RSUs converted into 106,707 shares on June 8, 2026 at a stated price of $0.00 per share.
How do Evan L. Dana’s RSUs in Nextdoor (NXDR) work?
Each RSU represents a contingent right to receive one share of Nextdoor’s Class A Common Stock. The RSU award vests on the earlier of the 2026 annual stockholder meeting or June 10, 2026, assuming Evan L. Dana continues his service to the company.
Do Evan L. Dana’s RSUs in Nextdoor (NXDR) expire?
The Form 4 states these RSUs do not expire in the traditional sense. Instead, they either vest according to the specified schedule or are cancelled before the vesting date, depending on whether the vesting conditions, including continued service, are satisfied.