Nextdoor director Gurley exercises awards, gains RSUs
Nextdoor Holdings director and ten percent owner J. William Gurley reported equity awards and an option exercise.
Rhea-AI Filing Summary
Nextdoor Holdings director and ten percent owner J. William Gurley reported equity awards and an option exercise. He exercised derivative securities to acquire 106,707 shares of Class A Common Stock, bringing his direct holdings to 181,869 shares after the transaction.
Gurley also received a grant of 85,365 restricted stock units, each representing one share of Class A Common Stock. According to the award terms, these RSUs will vest on the earlier of the 2027 annual meeting of stockholders or June 9, 2027, subject to his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
106,707 shares exercised/converted
Exercise
3 txns
Insider
GURLEY J WILLIAM
Role
Director, 10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units (RSU) | 106,707 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units (RSU) | 85,365 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 106,707 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units (RSU) — 85,365 contracts (Direct);
Class A Common Stock — 181,869 shares (Direct)
Footnotes (4)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- F2. 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.
- F3. These RSUs do not expire; they either vest or are cancelled prior to the vesting date.
- F4. The RSU award will vest on the earlier of (a) the date of the 2027 annual meeting of the Issuer's stockholders and (b) June 9, 2027, in each case, subject to the reporting person's continued service to the Issuer through the applicable vesting date.
Key Figures
Shares acquired via exercise: 106,707 shares
Shares held after transaction: 181,869 shares
New RSU grant size: 85,365 RSUs
+2 more
5 metrics
Shares acquired via exercise
106,707 shares
Class A Common Stock acquired through derivative exercise on June 9, 2026
Shares held after transaction
181,869 shares
Direct Class A Common Stock holdings following the exercise
New RSU grant size
85,365 RSUs
Restricted stock units granted on June 9, 2026
Underlying shares for new RSUs
85,365 shares
Each RSU represents one share of Class A Common Stock
Underlying shares for exercised RSUs
106,707 shares
RSUs converted into Class A Common Stock on exercise
Key Terms
Restricted Stock Unit ("RSU"), Class A Common Stock, derivative security, grant, award, or other acquisition, +1 more
5 terms
Restricted Stock Unit ("RSU") financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
Class A Common Stock financial
"Each 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.
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
ten percent owner financial
"reporting person is marked as a ten percent owner"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did J. William Gurley report at Nextdoor (NXDR)?
J. William Gurley reported acquiring 106,707 shares of Class A Common Stock through a derivative exercise and receiving 85,365 restricted stock units. These transactions increase his equity-based exposure without any reported open-market buying or selling activity.
What are the terms of Gurley’s new RSU grant at Nextdoor (NXDR)?
Gurley received 85,365 restricted stock units, each representing one Class A share. The award will vest on the earlier of the 2027 annual stockholder meeting or June 9, 2027, provided he continues serving the company through the applicable vesting date.
How do Gurley’s RSUs convert into Nextdoor (NXDR) common stock?
Each restricted stock unit represents a contingent right to receive one share of Nextdoor’s Class A Common Stock. The units either vest on their specified schedule, delivering shares, or are cancelled before vesting if the service-based conditions are not met.
When do Gurley’s existing and new RSU awards at Nextdoor (NXDR) vest?
One RSU award vests or vested on the earlier of the 2026 annual stockholder meeting or June 10, 2026, subject to continued service. The newer 85,365-unit award vests on the earlier of the 2027 annual meeting or June 9, 2027, under similar service conditions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
