Nextdoor director exercises 106,707 RSUs, gets grant
Nextdoor Holdings director Elisa Steele reported compensation-related equity activity.
Rhea-AI Filing Summary
Nextdoor Holdings director Elisa Steele reported compensation-related equity activity. She exercised 106,707 restricted stock units into an equal number of Class A Common Stock shares, bringing her direct holdings to 183,236 shares. She also received a new award of 85,365 RSUs, each representing one future Class A share.
The RSU award underlying the exercised shares vests or vested based on the earlier of the 2026 annual stockholder meeting or June 10, 2026, while the new 85,365-RSU grant is scheduled to vest on the earlier of the 2027 annual meeting or June 9, 2027, in both cases conditioned on continued service. The filing shows no open-market buys or sells.
Positive
- None.
Negative
- None.
Insider Trade Summary
106,707 shares exercised/converted
Exercise
3 txns
Insider
Steele Elisa
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units (RSU) | 106,707 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units (RSU) | 85,365 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 106,707 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units (RSU) — 85,365 contracts (Direct);
Class A Common Stock — 183,236 shares (Direct)
Footnotes (4)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- F2. The entire RSU award vested or vests on the earlier of the (a) date of the 2026 annual meeting of the Issuer's stockholders or (b) June 10, 2026, in each case subject to the reporting person's continued service to Issuer through the applicable vesting date.
- F3. These RSUs do not expire; they either vest or are cancelled prior to the vesting date.
- F4. The RSU award will vest on the earlier of (a) the date of the 2027 annual meeting of the Issuer's stockholders and (b) June 9, 2027, in each case, subject to the reporting person's continued service to the Issuer through the applicable vesting date.
Key Figures
RSUs exercised into shares: 106,707 shares
New RSU grant: 85,365 RSUs
Shares held after transactions: 183,236 shares
+3 more
6 metrics
RSUs exercised into shares
106,707 shares
Restricted Stock Units converted to Class A Common Stock on June 9, 2026
New RSU grant
85,365 RSUs
Award of Restricted Stock Units on June 9, 2026
Shares held after transactions
183,236 shares
Class A Common Stock directly held by Steele after June 9, 2026 activity
RSU-to-share ratio
1 RSU : 1 share
Each RSU represents one share of Class A Common Stock
2026 vesting reference date
June 10, 2026
Earlier of 2026 annual meeting or June 10, 2026 for prior RSU vesting
2027 vesting reference date
June 9, 2027
Earlier of 2027 annual meeting or June 9, 2027 for new RSU grant
Key Terms
Restricted Stock Units (RSU), Class A Common Stock, vest, contingent right, +1 more
5 terms
Restricted Stock Units (RSU) financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
Class A Common Stock financial
"Each RSU represents a contingent right to receive one share of the Issuer's 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.
vest financial
"The entire RSU award vested or vests on the earlier of the (a) date of the 2026 annual meeting"
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.
contingent right financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
cancelled prior to the vesting date financial
"These RSUs do not expire; they either vest or are cancelled prior to the vesting date"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did NXDR director Elisa Steele report?
Elisa Steele reported exercising 106,707 restricted stock units into Class A Common Stock and receiving a new grant of 85,365 RSUs. These are compensation-related equity moves rather than open-market stock purchases or sales.
What are the key terms of Elisa Steele’s new RSU grant at Nextdoor (NXDR)?
Steele received 85,365 restricted stock units, each representing one Class A share. The RSUs vest on the earlier of the 2027 annual stockholder meeting or June 9, 2027, contingent on her continued service to the company.
When did Elisa Steele’s exercised RSUs at Nextdoor (NXDR) vest?
The RSUs underlying the 106,707 shares vested or vest on the earlier of the 2026 annual stockholder meeting or June 10, 2026. Vesting remains subject to Steele’s continued service through the applicable vesting date.
Do Elisa Steele’s reported NXDR transactions involve open-market buying or selling?
No. The filing shows an exercise of 106,707 restricted stock units into Class A Common Stock and a grant of 85,365 new RSUs. There are no open-market purchases or sales disclosed in these Form 4 transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
