STOCK TITAN

Nextdoor (NXDR) CRO sells 111,559 shares under 10b5-1 plan

(Moderate)
(Negative)
Form Type
4

Rhea-AI Filing Summary

Nextdoor Holdings, Inc. (NXDR) reported that Chief Revenue Officer Michael Kiernan sold 111,559 shares of Class A Common Stock on August 21, 2026 at $2.3872 per share in an open-market or private transaction. The sale was made pursuant to a Rule 10b5-1 trading plan adopted on May 22, 2026. Following this transaction, he directly holds 508,602 shares of Class A Common Stock, including 2,500 shares acquired on August 14, 2026 under the Nextdoor Holdings, Inc. 2021 Employee Stock Purchase Plan in a transaction exempt under Rules 16b-3(c) and 16b-3(d).

Positive

  • None.

Negative

  • None.
Insider Kiernan Michael
Role Chief Revenue Officer
Sold 111,559 shs ($266K)
Type Security Shares Price Value
Sale Class A Common Stock F1, F2 111,559 $2.3872 $266K
Holdings After Transaction: Class A Common Stock — 508,602 shares (Direct)
Footnotes (2)
  1. 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.
  2. F2. Includes 2,500 shares of Class A Common Stock acquired pursuant to the Nextdoor Holdings, Inc. 2021 Employee Stock Purchase Plan on August 14, 2026 in a transaction that was exempt under Rules 16b-3(c) and 16b-3(d).
Shares sold 111,559 shares of Class A Common Stock Sale on August 21, 2026 by Chief Revenue Officer Michael Kiernan
Sale price per share $2.3872 per share Price for the 111,559 shares sold on August 21, 2026
Shares held after transaction 508,602 shares of Class A Common Stock Direct holdings reported following the August 21, 2026 sale
ESPP shares included in holdings 2,500 shares of Class A Common Stock Acquired August 14, 2026 under the 2021 Employee Stock Purchase Plan
Net shares sold in filing 111,559 shares Net-sell direction from transaction summary for this Form 4
Rule 10b5-1 regulatory
"Sale of shares made pursuant to and in accordance with 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.
Employee Stock Purchase Plan financial
"acquired pursuant to the Nextdoor Holdings, Inc. 2021 Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
Rules 16b-3(c) and 16b-3(d) regulatory
"in a transaction that was exempt under Rules 16b-3(c) and 16b-3(d)"

FAQ

What insider transaction did NXDR report for Michael Kiernan?

Nextdoor Holdings, Inc. reported that Chief Revenue Officer Michael Kiernan sold 111,559 shares of Class A Common Stock on August 21, 2026 at $2.3872 per share in an open-market or private transaction.

How many NXDR shares did Michael Kiernan sell and at what price?

Michael Kiernan sold 111,559 shares of Nextdoor Holdings, Inc. Class A Common Stock at a price of $2.3872 per share on August 21, 2026.

How many NXDR shares does Michael Kiernan hold after the reported transaction?

After the August 21, 2026 sale, Michael Kiernan directly holds 508,602 shares of Nextdoor Holdings, Inc. Class A Common Stock, as reported in the filing.

Was Michael Kiernan’s sale of NXDR shares under a Rule 10b5-1 plan?

Yes. The filing states the 111,559-share sale was made pursuant to and in accordance with a Rule 10b5-1 trading plan adopted by Michael Kiernan on May 22, 2026.

What ESPP shares are included in Michael Kiernan’s NXDR holdings?

Michael Kiernan’s post-transaction holdings of 508,602 shares include 2,500 shares of Class A Common Stock acquired on August 14, 2026 under the Nextdoor Holdings, Inc. 2021 Employee Stock Purchase Plan.

What exemption rules applied to Michael Kiernan’s ESPP acquisition of NXDR shares?

The 2,500 shares of Class A Common Stock acquired on August 14, 2026 under the 2021 Employee Stock Purchase Plan were reported as exempt under Rules 16b-3(c) and 16b-3(d).

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates
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).
X
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*
Kiernan Michael

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Revenue Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/21/2026
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 Stock08/21/2026S111,559(1)D$2.3872508,602(2)D
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
Explanation of Responses:
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 May 22, 2026.
2. Includes 2,500 shares of Class A Common Stock acquired pursuant to the Nextdoor Holdings, Inc. 2021 Employee Stock Purchase Plan on August 14, 2026 in a transaction that was exempt under Rules 16b-3(c) and 16b-3(d).
Remarks:
/s/ Sophia Contreras Schwartz, as Attorney-in-Fact for Reporting Person08/25/2026
** 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)