STOCK TITAN

Nextdoor (NXDR) director Hohman converts 60,975 RSUs into Class A shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Nextdoor Holdings director Robert Hohman acquired shares through equity compensation rather than open-market buying. On May 1, 2026, 60,975 Restricted Stock Units converted into an equal number of Class A common shares at a price of $0.00 per share, reflecting RSUs that vested based on his continued service.

Following this RSU conversion, Hohman directly holds 437,504 shares of Class A Common Stock. The RSUs associated with this transaction were fully converted, with no remaining balance from this award, and may otherwise vest or be cancelled under their service-based terms.

Positive

  • None.

Negative

  • None.

Insights

Routine RSU vesting increases the director’s share holdings without any open-market buying or selling.

The filing shows Robert Hohman acquiring 60,975 shares of Nextdoor Holdings, Inc. Class A Common Stock via the conversion of Restricted Stock Units on May 1, 2026. The transaction code M indicates an exercise or conversion of a derivative, not a market purchase.

These RSUs vest based on continued service and carry a conversion price of $0.00, which is standard for RSU awards. After the conversion, Hohman holds 437,504 common shares directly, and there are no remaining derivatives from this specific RSU award in the filing. The absence of any sale code suggests this is routine compensation rather than a directional bet on the stock.

Insider Hohman Robert
Role null
Type Security Shares Price Value
Exercise Restricted Stock Units (RSU) 60,975 $0.00 --
Exercise Class A Common Stock 60,975 $0.00 --
Holdings After Transaction: Restricted Stock Units (RSU) — 0 shares (Direct, null); Class A Common Stock — 437,504 shares (Direct, null)
Footnotes (1)
  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 with respect to 1/2 of the shares subject to the RSU award on May 1, 2025 and with respect to the remaining 1/2 of the shares subject to the RSU award on May 1, 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.
RSUs converted 60,975 shares Restricted Stock Units converted to Class A Common Stock on May 1, 2026
Conversion price $0.00 per share Stated price for RSU-to-share conversion
Shares owned after transaction 437,504 shares Direct Class A Common Stock holdings following May 1, 2026 conversion
Exercise transactions 1 transaction, 60,975 shares Exercise or conversion of derivative securities reported in Form 4
Restricted Stock Units (RSU) financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
Class A Common Stock financial
"Each restricted stock unit ("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.
vests financial
"The RSU award vests with respect to 1/2 of the shares subject to the RSU award on May 1, 2025"
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.
continued service financial
"subject only to continued service to the Issuer"
SEC Form 4
FORM 4UNITED 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*
Hohman Robert

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Common Stock05/01/2026M60,975A$0437,504D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units (RSU)(1)05/01/2026M60,975 (2) (3)Class A Common Stock60,975$00D
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 with respect to 1/2 of the shares subject to the RSU award on May 1, 2025 and with respect to the remaining 1/2 of the shares subject to the RSU award on May 1, 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 Person05/11/2026
** Signature of Reporting PersonDate
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)

FAQ

What did Robert Hohman report in this Nextdoor (NXDR) Form 4?

Robert Hohman reported the conversion of 60,975 Restricted Stock Units into the same number of Nextdoor Class A common shares. This was an equity compensation event, not an open-market purchase or sale, and increased his directly held share count.

How many Nextdoor (NXDR) shares did Robert Hohman acquire in this transaction?

He acquired 60,975 shares of Class A Common Stock through RSU conversion. Each Restricted Stock Unit represented a right to receive one share, contingent on continued service to Nextdoor Holdings, and they converted at a stated price of $0.00 per share.

What are the vesting terms of Robert Hohman’s Nextdoor (NXDR) RSUs?

The RSU award vests in two equal installments: half on May 1, 2025 and the remaining half on May 1, 2026, subject to his continued service. The reported May 1, 2026 transaction reflects conversion tied to these service-based vesting conditions.

How many Nextdoor (NXDR) shares does Robert Hohman hold after this Form 4?

After the reported RSU conversion, Robert Hohman directly owns 437,504 shares of Nextdoor’s Class A Common Stock. This figure reflects his holdings immediately following the May 1, 2026 transaction disclosed in the Form 4 filing.

Did Robert Hohman sell any Nextdoor (NXDR) shares in this Form 4 filing?

No sales were reported. The Form 4 only shows an M-code transaction, which is an exercise or conversion of derivative securities. In this case, Restricted Stock Units converted into common shares without any corresponding sale transaction.