Nextdoor director gains 6,536 shares via RSUs
Nextdoor Holdings director Jason Pressman increased his equity stake through RSU vesting.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
Nextdoor Holdings director Jason Pressman increased his equity stake through RSU vesting. On June 30, 2026, 6,536 restricted stock units converted into the same number of Class A Common Stock shares at no cash cost, lifting his direct holdings to 188,405 shares. The RSU award covers 13,072 units in total, vesting in four equal installments on March 31, June 30, September 30, and December 31, 2026, as long as he continues serving the company.
Insider Trade Summary
6,536 shares exercised/converted
Exercise
2 txns
Insider
Pressman Jason
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 — 188,405 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 conversion: 6,536 shares
Post-transaction share holdings: 188,405 shares
Total RSU award size: 13,072 RSUs
+2 more
5 metrics
Shares acquired via RSU conversion
6,536 shares
Class A Common Stock received on June 30, 2026
Post-transaction share holdings
188,405 shares
Class A Common Stock held directly after June 30, 2026 transaction
Total RSU award size
13,072 RSUs
Restricted stock units subject to 2026 vesting schedule
RSU vesting schedule dates
Mar 31, Jun 30, Sep 30, Dec 31, 2026
Quarterly vesting of 1/4 of RSU award each date
RSU conversion price
$0.00 per share
RSUs convert to Class A shares at no cash cost
Key Terms
Restricted Stock Units (RSU), Class A Common Stock, continued service, vest
4 terms
Restricted Stock Units (RSU) financial
"The RSU Award will vest as to 1/4 of the shares subject to the award..."
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.
continued service financial
"subject only to continued service to the Issuer."
vest financial
"These RSUs do not expire; they either vest or are cancelled prior to the vesting date."
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 Nextdoor (NXDR) director Jason Pressman report?
Jason Pressman reported an acquisition of shares via RSU vesting. On June 30, 2026, 6,536 restricted stock units converted into 6,536 Class A Common Stock shares at no cash cost, increasing his direct equity position in Nextdoor Holdings.
What are the vesting terms of Jason Pressman’s Nextdoor (NXDR) RSU award?
Pressman’s RSU award for 13,072 units vests in four equal installments. One quarter vests on each of March 31, June 30, September 30, and December 31, 2026, subject to his continued service with Nextdoor Holdings through each vesting date.
Do Jason Pressman’s Nextdoor (NXDR) RSUs require an exercise price?
The RSUs convert into Class A Common Stock at a price of zero. Each restricted stock unit represents the right to receive one share with no cash exercise cost, subject only to satisfaction of the time-based vesting and continued service requirements.
Do Jason Pressman’s Nextdoor (NXDR) RSUs expire if not vested?
The RSUs either vest or are cancelled before the vesting date and do not have a traditional expiration date. If continued-service conditions are not met, unvested units can be forfeited instead of converting into Class A Common Stock shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
