Nextdoor Holdings (NXDR) CFO exercises 103,248 RSUs, shares withheld for taxes

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Nextdoor Holdings, Inc. CFO and Treasurer Indrajit Ponnambalam exercised restricted stock units and had shares withheld for taxes. On April 15, 2026, 103,248 RSUs were converted into an equal number of shares of Class A Common Stock at a conversion price of $0.00 per share, bringing his direct Class A share holdings to 1,548,734 shares.

On the same date, 34,233 shares were disposed of at $1.52 per share to cover tax obligations, a non-market tax-withholding transaction, leaving 69,015 RSUs directly held. Each RSU represents a contingent right to receive one share, vesting in equal quarterly installments over four years beginning April 15, 2026, subject to continued service.

Insider Trade Summary

103,248 shares exercised/converted

Mixed 3 txns

Insider Ponnambalam Indrajit

Role CFO and Treasurer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units (RSU)	103,248	$0.00	--
Exercise	Restricted Stock Units (RSU)	103,248	$0.00	--
Tax Withholding	Restricted Stock Units (RSU)	34,233	$1.52	$52K

Holdings After Transaction: Restricted Stock Units (RSU) — 1,548,734 shares (Direct)

Footnotes (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 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 event on April 15, 2026, 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.

Key Figures

RSUs exercised: 103,248 units Shares withheld for taxes: 34,233 shares at $1.52 Common shares held after transaction: 1,548,734 shares +3 more

6 metrics

RSUs exercised 103,248 units Converted into Class A Common Stock on April 15, 2026

Shares withheld for taxes 34,233 shares at $1.52 Tax-withholding disposition on April 15, 2026

Common shares held after transaction 1,548,734 shares Direct Class A Common Stock holdings following exercise

RSUs remaining after tax withholding 69,015 units Direct RSU holdings following April 15, 2026 disposition

RSU vesting start date April 15, 2026 First quarterly vesting of four-year RSU schedule

RSU vesting frequency Quarterly January 15, April 15, July 15, October 15 each year

Key Terms

Restricted Stock Units (RSU), derivative exercise/conversion, tax-withholding disposition, vests in equal quarterly installments, +1 more

5 terms

Restricted Stock Units (RSU) financial

"Each restricted stock unit ("RSU") represents a contingent right to receive one share"

derivative exercise/conversion financial

"transaction_action": "derivative exercise/conversion""

tax-withholding disposition financial

"transaction_action": "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

vests in equal quarterly installments financial

"The RSU award vests in equal quarterly installments over four years"

contingent right financial

"represents a contingent right to receive one share of the Issuer's Class A Common Stock"

Form 4 Insider Transactions: What Each Field Means →

04/17/2026 - 04:03 PM

SEC Form 4

FORM 4

UNITED 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^*

Ponnambalam Indrajit

(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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	CFO and Treasurer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units (RSU)	04/15/2026		M		103,248	A	$0	103,248	D
Restricted Stock Units (RSU)	04/15/2026		F		34,233	D	$1.52	69,015	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units (RSU)	⁽¹⁾	04/15/2026		M			103,248	⁽²⁾	⁽³⁾	Class A Common Stock	103,248	$0	1,548,734	D

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 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 event on April 15, 2026, subject to the reporting person's continued service to the Issuer on each vesting 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 Person	04/17/2026
	** Signature of Reporting Person	Date
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 transaction did NXDR CFO Indrajit Ponnambalam report?

CFO Indrajit Ponnambalam exercised 103,248 restricted stock units, receiving an equal number of Class A Common shares. He also had 34,233 shares withheld to satisfy tax obligations, a routine non-market disposition tied to the vesting and settlement of equity compensation awards.

How many Nextdoor (NXDR) shares does the CFO hold after this Form 4?

After the transactions, the CFO directly holds 1,548,734 shares of Class A Common Stock. He also directly holds 69,015 restricted stock units, which represent additional contingent rights to receive shares as they vest over time, subject to his continued service with the company.

How do the NXDR CFO’s restricted stock units vest over time?

The RSU award vests in equal quarterly installments over four years on January 15, April 15, July 15 and October 15. The first vesting date is April 15, 2026, and each vesting is conditioned on the CFO’s continued service with Nextdoor Holdings, Inc.

What does the tax-withholding disposition mean in this NXDR Form 4?

The disposition of 34,233 shares at $1.52 per share reflects shares withheld to cover tax liabilities from RSU settlement. It is not an open-market sale, but an administrative transaction where shares are delivered to satisfy required taxes on equity compensation.

Do the NXDR CFO’s restricted stock units ever expire or lapse automatically?

The filing states these RSUs do not have a traditional expiration date. They either vest according to the quarterly four-year schedule or are cancelled before a vesting date, typically if service conditions or other award terms are no longer satisfied by the reporting person.

What does each restricted stock unit in the NXDR filing represent?

Each restricted stock unit represents a contingent right to receive one share of Nextdoor’s Class A Common Stock. Delivery of the share occurs only if the service-based vesting conditions are met at each scheduled vesting date over the four-year vesting period.