Nextdoor revenue chief converts stock awards to shares
The two RSU awards follow separate quarterly vesting schedules, both conditioned on continued service.
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Rhea-AI Filing Summary
Michael Kiernan, Chief Revenue Officer of Nextdoor Holdings, Inc., reported the vesting and conversion on October 15, 2026, of 65,000 and 27,631 restricted stock units into corresponding amounts of Class A common stock; each RSU represents a contingent right to one share.
He also reported 30,036 and 15,280 Class A shares delivered or withheld for payment of exercise price or tax liability, each at $2.60 per share. Both awards are subject to continued service on their respective vesting dates.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units (RSU) F1, F2, F3 | 65,000 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units (RSU) F1, F4, F3 | 27,631 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 65,000 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 30,036 | $2.60 | $78K |
| Exercise | Class A Common Stock | 27,631 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 15,280 | $2.60 | $40K |
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 RSU award vests in eight equal quarterly installments on January 15, April 15, July 15 and October 15 of each calendar year, with the first such vesting event on April 15, 2025, subject to the reporting person's continued service to the Issuer on each vesting date.
- F3. These RSUs do not expire; they either vest or are cancelled prior to the vesting date.
- F4. The RSU award vests in equal quarterly installments over four years on January 15, April 15, July 15 and October 15 of each calendar year, with the first such vesting date on April 15, 2026, subject to the reporting person's continued service to the Issuer on each vesting date.
Key Figures
Key Terms
restricted stock unit (RSU) financial
contingent right financial
equal quarterly installments financial
FAQ
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How many NXDR RSUs vested for Michael Kiernan on October 15, 2026?
What are the vesting schedules for Michael Kiernan's NXDR RSU awards?
AI-generated analysis. How Rhea-AI works. Not financial advice.