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Nextdoor (NYSE: NXDR) director exercises RSUs and receives new equity grant

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

Rhea-AI Filing Summary

Nextdoor Holdings director David L. Sze increased his equity stake through RSU activity. On June 9, 2026, he exercised 106,707 Restricted Stock Units into the same number of shares of Class A Common Stock, bringing his direct holdings to 181,869 shares.

On the same date, he also received a new grant of 85,365 RSUs, each representing one share of Class A Common Stock. According to the award terms, this new RSU grant will vest on the earlier of the company’s 2027 annual stockholder meeting or June 9, 2027, if he continues serving the company.

Positive

  • None.

Negative

  • None.
Insider Sze David L
Role null
Type Security Shares Price Value
Exercise Restricted Stock Units (RSU) 106,707 $0.00 --
Grant/Award Restricted Stock Units (RSU) 85,365 $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 — 181,869 shares (Direct, null)
Footnotes (1)
  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. 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.
RSUs Exercised 106,707 shares RSUs converted to Class A Common Stock on June 9, 2026
Shares Owned After 181,869 shares Direct Class A Common Stock holdings after June 9, 2026 transactions
New RSU Grant 85,365 RSUs Restricted Stock Units granted on June 9, 2026
New RSU Vesting Date Earlier of 2027 meeting or June 9, 2027 Vesting condition for 85,365 RSUs, subject to continued service
Restricted Stock Units (RSU) financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
Class A Common Stock financial
"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 financial
"The entire RSU award vested or vests on the earlier of the (a) date"
contingent right financial
"RSU represents a contingent right to receive one share of the Issuer's Class A"
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Form 4 Insider Transactions: What Each Field Means →
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*
Sze David L
(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)
06/09/2026		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 Stock06/09/2026M106,707A$0181,869D
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)06/09/2026M106,707 (2) (3)Class A Common Stock106,707$00D
Restricted Stock Units (RSU)(1)06/09/2026A85,365 (4) (3)Class A Common Stock85,365$085,365D
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.
2. 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.
3. These RSUs do not expire; they either vest or are cancelled prior to the vesting date.
4. 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.
Remarks:
/s/ Sophia Contreras Schwartz, as Attorney-in-Fact for Reporting Person06/11/2026
** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did David L. Sze report at Nextdoor (NXDR)?

Director David L. Sze exercised 106,707 Restricted Stock Units (RSUs) into Class A Common Stock and received a new grant of 85,365 RSUs. These actions increased his direct share ownership and added a fresh equity award tied to future vesting.

How many Nextdoor (NXDR) shares does David L. Sze own after these transactions?

After exercising 106,707 RSUs into Class A Common Stock, David L. Sze directly holds 181,869 shares. This total reflects his ownership following the June 9, 2026 equity transactions reported in the Form 4 filing.

What are the terms of David L. Sze’s new RSU grant at Nextdoor (NXDR)?

The new 85,365 RSU award vests on the earlier of the 2027 annual stockholder meeting or June 9, 2027. Vesting is conditioned on Sze’s continued service to Nextdoor through the applicable vesting date, according to the filing’s footnotes.

What did the exercised RSUs represent in David L. Sze’s Nextdoor (NXDR) filing?

Each Restricted Stock Unit represents a contingent right to receive one share of Nextdoor’s Class A Common Stock. Exercising 106,707 RSUs therefore delivered 106,707 Class A shares to Sze, converting a derivative equity claim into actual stock ownership.

Do David L. Sze’s RSUs at Nextdoor (NXDR) expire if not vested?

The filing states that the RSUs do not have a traditional expiration date. They either vest on the specified vesting date upon continued service or are cancelled beforehand if vesting conditions are not met by that time.