NXDR insider Form 4: RSU conversions and 10b5-1 sale disclosed
Rhea-AI Filing Summary
Nextdoor Holdings (NXDR) reported insider activity by its Chief Accounting Officer. On October 16, 2025, the officer sold 15,633 Class A shares at $2.0057 per share pursuant to a Rule 10b5-1 plan adopted on June 2, 2025.
On October 15, 2025, multiple RSU conversions to Class A common stock were reported (coded “M”), with share withholdings for taxes (coded “F”) at $2.09 per share. Following these transactions, direct beneficial ownership stood at 44,586 shares.
Positive
- None.
Negative
- None.
Insights
Routine RSU vesting, tax withholdings, and a planned sale.
The filing lists several RSU conversions (code M) on October 15, 2025, immediately paired with share withholdings for taxes (code F) priced at $2.09. This reflects standard equity compensation mechanics where vested units convert into shares and a portion is withheld to cover taxes.
The officer then executed a sale of 15,633 shares at $2.0057 on October 16, 2025 under a Rule 10b5-1 plan adopted on June 2, 2025. After the reported transactions, direct holdings are 44,586 shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 15,633 | $2.0057 | $31K |
| Exercise | Restricted Stock Units (RSU) | 6,568 | $0.00 | -- |
| Exercise | Restricted Stock Units (RSU) | 3,112 | $0.00 | -- |
| Exercise | Restricted Stock Units (RSU) | 7,346 | $0.00 | -- |
| Exercise | Restricted Stock Units (RSU) | 7,346 | $0.00 | -- |
| Exercise | Restricted Stock Units (RSU) | 9,478 | $0.00 | -- |
| Exercise | Class A Common Stock | 6,568 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 2,355 | $2.09 | $5K |
| Exercise | Class A Common Stock | 3,112 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 1,116 | $2.09 | $2K |
| Exercise | Class A Common Stock | 7,346 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 2,634 | $2.09 | $6K |
| Exercise | Class A Common Stock | 7,346 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 2,634 | $2.09 | $6K |
| Exercise | Class A Common Stock | 9,478 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 3,398 | $2.09 | $7K |
Footnotes (1)
- 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 June 2, 2025. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock. The RSU award vests in quarterly installments over two years, with 1/6th of the total shares vesting on July 15, 2024, followed by three additional quarterly vesting events of 1/6th of the total shares on October 15, 2024, January 15, 2025, and April 15, 2025, respectively, and four final quarterly vesting events of 1/12th of the total shares on July 15, 2025, October 15, 2025, January 15, 2026, and April 15, 2026, respectively, subject to the reporting person's continued service to the Issuer on each vesting date. These RSUs do not expire; they either vest or are cancelled prior to the vesting date. The RSU award vests in equal quarterly installments over one year on January 15, April 15, July 15, and October 15, with the first such vesting event on July 15, 2025, subject to the reporting person's continued service to the Issuer on each vesting date. The RSU award vests in equal quarterly installments over two years on January 15, April 15, July 15 and October 15 of each calendar year, with the first such vesting date on July 15, 2025, subject to the reporting person's continued service to the Issuer on each vesting date. The RSU award vests in equal quarterly installments over three years on January 15, April 15, July 15 and October 15 of each calendar year, with the first such vesting date on July 15, 2025, subject to the reporting person's continued service to the Issuer on each vesting date. The RSU award vests in equal quarterly installments over three years on January 15, April 15, July 15 and October 15 of each calendar year, with the first such vesting date on October 15, 2025, subject to the reporting person's continued service to the Issuer on each vesting date.
