Nextdoor CEO exercises RSUs, 1.82M shares held
Nextdoor Holdings, Inc. CEO and President Nirav N. Tolia reported routine equity compensation activity involving restricted stock units that vested into Class A Common Stock.
Rhea-AI Filing Summary
Nextdoor Holdings, Inc. CEO and President Nirav N. Tolia reported routine equity compensation activity involving restricted stock units that vested into Class A Common Stock. On April 15, 2026, he exercised RSUs covering 468,773 shares at an exercise price of $0.00 per share.
To cover tax obligations, the issuer withheld an aggregate of 184,464 shares of Class A Common Stock at $1.52 per share through tax-withholding dispositions coded "F." Following these transactions, Tolia directly held 1,816,042 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
468,773 shares exercised/converted
Exercise
9 txns
Insider
Tolia Nirav N
Role
CEO and President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units (RSU) | 313,127 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units (RSU) | 45,125 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units (RSU) | 110,521 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 313,127 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 123,216 | $1.52 | $187K |
| Exercise | Class A Common Stock | 45,125 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 17,757 | $1.52 | $27K |
| Exercise | Class A Common Stock | 110,521 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 43,491 | $1.52 | $66K |
Holdings After Transaction:
Restricted Stock Units (RSU) — 4,659,214 contracts (Direct);
Class A Common Stock — 1,816,042 shares (Direct)
Footnotes (5)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- F2. 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 July 15, 2024, subject to the reporting person's continued service to the Issuer on each vesting date.
- F3. These RSUs do not expire; they either vest or are cancelled prior to the vesting date.
- F4. 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, 2025, subject to the reporting person's continued service to the Issuer on each vesting date.
- F5. 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.
Key Figures
RSU exercises: 468,773 shares
Tax-withholding shares: 184,464 shares
Tax-withholding price: $1.52 per share
+4 more
7 metrics
RSU exercises
468,773 shares
Underlying Class A Common Stock exercised via code M on April 15, 2026
Tax-withholding shares
184,464 shares
Shares withheld for taxes via code F at $1.52 per share
Tax-withholding price
$1.52 per share
Reference price for code F tax-withholding dispositions
Post-transaction holdings
1,816,042 shares
Direct Class A Common Stock held after April 15, 2026 transactions
Largest RSU tranche
313,127 units
Restricted Stock Units exercised into Class A Common Stock
Second RSU tranche
110,521 units
Restricted Stock Units exercised into Class A Common Stock
Third RSU tranche
45,125 units
Restricted Stock Units exercised into Class A Common Stock
Key Terms
Restricted Stock Units (RSU), tax-withholding disposition, derivative security, Class A Common Stock, +1 more
5 terms
Restricted Stock Units (RSU) financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
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.
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Class A Common Stock financial
"underlying_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.
vests in equal quarterly installments financial
"The RSU award vests in equal quarterly installments over four years"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did NXDR CEO Nirav Tolia report on April 15, 2026?
Nirav Tolia reported RSU vesting and related share issuances on April 15, 2026. He exercised restricted stock units into 468,773 shares of Class A Common Stock, with a portion of the resulting shares withheld to satisfy tax obligations through coded F tax-withholding dispositions.
Were Nirav Tolia’s NXDR transactions open-market buys or sales?
The reported activity consists of RSU exercises and tax-withholding dispositions, not open-market trades. Code M entries show derivative exercises at $0.00, while code F entries reflect shares withheld at $1.52 to satisfy tax obligations, rather than discretionary purchases or sales in the market.
How do the RSU awards for NXDR’s CEO vest over time?
The RSU awards vest in equal quarterly installments over four years on January 15, April 15, July 15, and October 15. Different awards begin vesting on specified start dates, and each vesting is contingent on Tolia’s continued service to Nextdoor on the applicable vesting dates.
AI-generated analysis. How Rhea-AI works. Not financial advice.
