Nextdoor director exercises 6,536 RSUs
Nextdoor Holdings, Inc. director Elisa Steele reported a routine equity compensation event.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
Nextdoor Holdings, Inc. director Elisa Steele reported a routine equity compensation event. She exercised restricted stock units to acquire 6,536 shares of Class A Common Stock at no cash cost, increasing her direct holdings to 189,772 shares.
The underlying RSU award now totals 13,072 units, each representing a right to receive one Class A share subject to continued service. Footnotes state the award vests in four equal installments on March 31, 2026, June 30, 2026, September 30, 2026 and December 31, 2026, provided she remains with the company.
Insider Trade Summary
6,536 shares exercised/converted
Exercise
2 txns
Insider
Steele Elisa
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units (RSU) | 6,536 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 6,536 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units (RSU) — 13,072 units (Direct);
Class A Common Stock — 189,772 shares (Direct)
Footnotes (3)
- F1. 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.
- F2. The RSU Award will vest as to 1/4 of the shares subject to the award on each of March 31, 2026, June 30, 2026, September 30, 2026 and December 31, 2026, in each case, subject to the reporting person's continued service to the Issuer through each such date.
- F3. These RSUs do not expire; they either vest or are cancelled prior to the vesting date.
Key Figures
Shares acquired via RSU exercise: 6,536 shares
Shares held after transaction: 189,772 shares
RSUs outstanding after transaction: 13,072 RSUs
+2 more
5 metrics
Shares acquired via RSU exercise
6,536 shares
Class A Common Stock received from RSUs on June 30, 2026
Shares held after transaction
189,772 shares
Direct Class A Common Stock ownership following RSU exercise
RSUs outstanding after transaction
13,072 RSUs
Restricted stock units remaining after 6,536 units converted
RSU vesting dates
March 31, 2026; June 30, 2026; September 30, 2026; December 31, 2026
Four equal vesting installments subject to continued service
RSU share ratio
1 RSU : 1 share
Each RSU delivers one Class A Common Stock share upon vesting
Key Terms
Restricted Stock Units (RSU), Class A Common Stock, Exercise or conversion of derivative security, contingent right, +1 more
5 terms
Restricted Stock Units (RSU) financial
"security_title: "Restricted Stock Units (RSU)""
Class A Common Stock financial
"security_title: "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.
Exercise or conversion of derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
contingent right financial
"represents a contingent right to receive one share of the Issuer's Class A Common Stock"
vest financial
"The RSU Award will vest as to 1/4 of the shares subject to the award on each of March 31, 2026, June 30, 2026, September 30, 2026 and December 31, 2026"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Elisa Steele report for Nextdoor Holdings (NXDR)?
Elisa Steele reported exercising restricted stock units to acquire 6,536 shares of Nextdoor Holdings Class A Common Stock as equity compensation. This was a derivative exercise, not an open-market purchase or sale, and reflects the vesting of a previously granted RSU award.
How many restricted stock units are outstanding for Elisa Steele at Nextdoor (NXDR)?
Following this transaction, Elisa Steele has 13,072 restricted stock units outstanding at Nextdoor Holdings. Each RSU represents a contingent right to receive one share of Class A Common Stock, subject to vesting conditions tied to her continued service with the company.
What is the vesting schedule of Elisa Steele’s RSU award at Nextdoor (NXDR)?
The RSU award vests in four equal installments on March 31, 2026, June 30, 2026, September 30, 2026 and December 31, 2026. Each vesting date requires Elisa Steele’s continued service to Nextdoor Holdings through that specific date for the units to convert into shares.
Do Elisa Steele’s RSUs at Nextdoor (NXDR) have an expiration date?
The filing states these RSUs do not expire; they either vest on the scheduled dates or are cancelled before vesting. Each vested RSU delivers one share of Class A Common Stock, provided the continued service condition to Nextdoor Holdings is satisfied.
AI-generated analysis. How Rhea-AI works. Not financial advice.
