Nextdoor (NXDR) director converts 6,535 RSUs into Class A Common Stock

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Nextdoor Holdings director Niraj Shah exercised restricted stock units into common stock as part of his equity compensation. On March 31, 2026, 6,535 RSUs converted into 6,535 shares of Class A Common Stock at a price of $0.00 per share.

Following the transaction, Shah directly holds 76,529 shares of Class A Common Stock and 19,608 RSUs. Each RSU represents a contingent right to receive one share, subject to continued service. The RSU award is scheduled to vest in four equal installments on March 31, June 30, September 30, and December 31, 2026, assuming ongoing service.

Insider Trade Summary

6,535 shares exercised/converted

Mixed 2 txns

Insider Shah Niraj

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units (RSU)	6,535	$0.00	--
Exercise	Class A Common Stock	6,535	$0.00	--

Holdings After Transaction: Restricted Stock Units (RSU) — 19,608 shares (Direct); Class A Common Stock — 76,529 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 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. These RSUs do not expire; they either vest or are cancelled prior to the vesting date.

Key Figures

RSUs exercised: 6,535 units Exercise price: $0.00 per share Common shares held after: 76,529 shares +2 more

5 metrics

RSUs exercised 6,535 units Converted into 6,535 Class A Common Stock shares on March 31, 2026

Exercise price $0.00 per share Price for conversion of RSUs into Class A Common Stock

Common shares held after 76,529 shares Direct Class A Common Stock holdings following the transaction

RSUs held after 19,608 units Restricted stock units remaining after 6,535-unit exercise

Vesting schedule dates March 31, June 30, September 30, December 31, 2026 Quarterly vesting dates for the RSU award, subject to continued service

Key Terms

Restricted Stock Units ("RSU"), contingent right, vest, RSUs do not expire

4 terms

Restricted Stock Units ("RSU") financial

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

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"

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.

RSUs do not expire financial

"These RSUs do not expire; they either vest or are cancelled prior to the vesting date."

Form 4 Insider Transactions: What Each Field Means →

04/02/2026 - 04:00 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^*

Shah Niraj

(Last)

(First)

(Middle)

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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

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)
Class A Common Stock	03/31/2026		M		6,535	A	$0	76,529	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⁾	03/31/2026		M			6,535	⁽²⁾	⁽³⁾	Class A Common Stock	6,535	$0	19,608	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 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.

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	04/02/2026
	** 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 Niraj Shah report at Nextdoor Holdings (NXDR)?

Director Niraj Shah reported exercising 6,535 restricted stock units into 6,535 shares of Class A Common Stock at $0.00 per share. This reflects a compensation-related equity conversion rather than an open-market stock purchase or sale.

How many Nextdoor (NXDR) shares does Niraj Shah hold after this Form 4?

After the March 31, 2026 transaction, Niraj Shah directly holds 76,529 shares of Nextdoor Class A Common Stock. He also holds 19,608 restricted stock units that may settle into additional shares if vesting conditions tied to continued service are satisfied.

What are the terms of Niraj Shah’s RSU award at Nextdoor (NXDR)?

Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock, subject to continued service. The award will vest in four equal parts on March 31, June 30, September 30, and December 31, 2026, if service continues through each date.

Did Niraj Shah buy or sell Nextdoor (NXDR) stock on the market?

The filing shows no open-market buys or sells. Instead, 6,535 restricted stock units were exercised or converted into 6,535 shares at $0.00 per share, a standard equity compensation event rather than a discretionary market trade.

Do Niraj Shah’s RSUs at Nextdoor (NXDR) expire if they do not vest?

The filing states these RSUs do not expire in the traditional sense. They either vest into shares on scheduled vesting dates, subject to continued service, or are cancelled before vesting if the vesting conditions are not met.