STOCK TITAN

Nextdoor (NYSE: NXDR) director converts 6,535 RSUs to stock

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Nextdoor Holdings director Jason Pressman exercised restricted stock units into common shares as part of his equity compensation. On March 31, 2026, 6,535 RSUs converted into 6,535 shares of Class A Common Stock at a stated price of $0.00 per share, reflecting vesting rather than an open-market purchase. Following the transactions, he held 75,162 shares of Class A Common Stock directly and 19,608 RSUs, which remain subject to future vesting and his continued service, with the award scheduled to vest in four equal installments on March 31, June 30, September 30, and December 31, 2026.

Positive

  • None.

Negative

  • None.
Insider Pressman Jason
Role Director
Type Security Shares Price Value
Exercise Restricted Stock Units (RSU) 6,535 $0.00 --
Exercise Class A Common Stock 6,535 $0.00 --
Holdings After Transaction: Restricted Stock Units (RSU) — 19,608 shares (Direct); Class A Common Stock — 75,162 shares (Direct)
Footnotes (1)
  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.
RSUs exercised 6,535 units Restricted Stock Units converted on March 31, 2026
Shares received 6,535 shares Class A Common Stock delivered from RSU conversion
Shares held after 75,162 shares Class A Common Stock directly owned after transaction
RSUs remaining 19,608 units Restricted Stock Units outstanding after March 31, 2026 vesting
RSU conversion price $0.00 per share Stated price per share for RSU conversion
Restricted Stock Units (RSU) financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
Class A Common Stock financial
"one share of the Issuer's Class A Common Stock, subject only to continued service"
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.
continued service financial
"subject only to continued service to the Issuer"
vest financial
"will vest as to 1/4 of the shares subject to the award on each of March 31, 2026, June 30, 2026"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
cancelled prior to the vesting date financial
"These RSUs do not expire; they either vest or are cancelled prior to the vesting date."
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Pressman Jason

(Last)(First)(Middle)
C/O NEXTDOOR HOLDINGS, INC.
420 TAYLOR STREET

(Street)
SAN FRANCISCO CALIFORNIA 94102

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Nextdoor Holdings, Inc. [ NXDR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Stock03/31/2026M6,535A$075,162D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units (RSU)(1)03/31/2026M6,535 (2) (3)Class A Common Stock6,535$019,608D
Explanation of Responses:
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.
2. 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.
3. These RSUs do not expire; they either vest or are cancelled prior to the vesting date.
Remarks:
/s/ Sophia Contreras Schwartz, as Attorney-in-Fact for Reporting Person04/02/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Nextdoor (NXDR) director Jason Pressman report in this Form 4?

Jason Pressman reported the vesting and conversion of 6,535 restricted stock units into 6,535 shares of Nextdoor Class A Common Stock. This reflects equity compensation vesting, not an open-market stock purchase or sale, and increases his directly held share count.

How many Nextdoor (NXDR) shares does Jason Pressman hold after this transaction?

After the March 31, 2026 transaction, Jason Pressman directly holds 75,162 shares of Nextdoor Class A Common Stock. He also has 19,608 restricted stock units outstanding, which represent additional shares that may be delivered as they vest over time.

Was this Nextdoor (NXDR) Form 4 a stock purchase or sale by Jason Pressman?

The Form 4 shows an exercise of restricted stock units, not an open-market buy or sell. 6,535 RSUs converted into 6,535 Class A shares at a stated price of $0.00 per share as part of his equity compensation vesting schedule.

What is the vesting schedule for Jason Pressman’s Nextdoor (NXDR) RSU award?

The RSU award is scheduled to vest in four equal installments on March 31, June 30, September 30, and December 31, 2026. Each vesting tranche is subject to Jason Pressman’s continued service with Nextdoor through the applicable vesting date.

Do Jason Pressman’s Nextdoor (NXDR) RSUs expire if they do not vest?

The RSUs do not have an expiration date in the typical option sense. According to the disclosure, they either vest into Class A Common Stock or are cancelled before their scheduled vesting dates if vesting conditions, such as continued service, are not satisfied.

How many RSUs did Jason Pressman have after the March 31, 2026 vesting at Nextdoor (NXDR)?

Following the March 31, 2026 vesting and conversion of 6,535 RSUs, Jason Pressman had 19,608 restricted stock units remaining. These RSUs each represent a contingent right to receive one share of Nextdoor’s Class A Common Stock, subject to continued service.