Nextdoor revenue chief sells 50,000 shares
The Chief Revenue Officer's reported sale was made under a Rule 10b5-1 plan adopted May 22, 2026.
Rhea-AI Filing Summary
Nextdoor Holdings, Inc. Chief Revenue Officer Kiernan Michael sold 50,000 shares of Class A Common Stock on September 22, 2026, at a weighted-average price of $2.5401 per share. The shares were sold in multiple transactions priced from $2.48 to $2.65 per share under a Rule 10b5-1 plan adopted May 22, 2026. Direct holdings following the sale were 458,602 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 50,000 shares
Net Sell
1 txn
Insider
Kiernan Michael
Role
Chief Revenue Officer
Sold
50,000 shs ($127K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2 | 50,000 | $2.5401 | $127K |
Holdings After Transaction:
Class A Common Stock — 458,602 shares (Direct)
Footnotes (2)
- F1. 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 May 22, 2026.
- F2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.48 to $2.65 per share, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
Key Figures
Shares sold: 50,000 shares
Weighted-average sale price: $2.5401 per share
Transaction price range: $2.48 to $2.65 per share
+1 more
4 metrics
Shares sold
50,000 shares
September 22, 2026
Weighted-average sale price
$2.5401 per share
September 22, 2026
Transaction price range
$2.48 to $2.65 per share
Multiple transactions
Direct shares held after sale
458,602 shares
Following the September 22, 2026 sale
Key Terms
Rule 10b5-1, weighted average price, Class A Common Stock
3 terms
Rule 10b5-1 regulatory
"under the requirements of Rule 10b5-1"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
weighted average price financial
"reported price in Column 4 is a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Class A Common Stock financial
"50,000 shares of 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
AI-generated analysis. How Rhea-AI works. Not financial advice.