Nextdoor (NXDR) Form 4: Officer sale under 10b5-1 plan, 13,484 shares
Rhea-AI Filing Summary
Nextdoor Holdings, Inc. (NXDR) Form 4: Chief Accounting Officer How Antoinette reported a sale of 13,484 shares of Class A common stock on 09/17/2025 at a reported price of $2.2005 per share, leaving the reporting person with 38,506 shares beneficially owned. The filing states the sale was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 2, 2025. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person on 09/19/2025. All information presented is limited to the specific transaction and ownership disclosed in this Form 4.
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Insights
TL;DR: Insider sale of 13,484 shares executed under a pre-established 10b5-1 plan; routine disclosure with limited material implication.
This Form 4 documents a non-derivative disposition by the Chief Accounting Officer of Nextdoor (NXDR). The transaction is a sale of 13,484 Class A shares at $2.2005 per share under a 10b5-1 plan adopted on June 2, 2025, leaving 38,506 shares beneficially owned. Because the sale is executed pursuant to a pre-existing 10b5-1 plan, it is treated as a planned, not opportunistic, disposition. The filing provides no additional context on timing, volume relative to outstanding insider holdings, or company events; therefore material impact on valuation is unlikely based solely on this disclosure.
TL;DR: Disclosure aligns with standard Section 16 reporting; describes a Rule 10b5-1 planned sale by an officer.
The Form 4 properly identifies the reporting person, relationship (Chief Accounting Officer), transaction date (09/17/2025), and that the sale was pursuant to a 10b5-1 plan adopted June 2, 2025. Signatory authentication is present via attorney-in-fact. From a governance perspective, the filing meets procedural requirements and signals compliance with insider trading protocols. The document contains no information about policy changes, waivers, or exceptions that would raise governance concerns.