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Nextdoor (NYSE: NXDR) legal chief sells 2,500 shares in 10b5-1 trade

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

Rhea-AI Filing Summary

Nextdoor Holdings, Inc. General Counsel and Secretary Sophia Schwartz reported an open-market sale of 2,500 shares of Class A common stock at $1.65 per share on February 18, 2026. After this transaction, she directly owned 286,587 shares of Class A common stock.

The sale was made pursuant to a pre-arranged trading plan established under Rule 10b5-1, which was adopted on September 4, 2025. Her holdings include 2,500 shares acquired through the Nextdoor Holdings, Inc. 2021 Employee Stock Purchase Plan on February 14, 2026 in a transaction described as exempt under Rules 16b-3(c) and 16b-3(d).

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Insider Schwartz Sophia
Role General Counsel and Secretary
Sold 2,500 shs ($4K)
Type Security Shares Price Value
Sale Class A Common Stock 2,500 $1.65 $4K
Holdings After Transaction: Class A Common Stock — 286,587 shares (Direct)
Footnotes (1)
  1. Sale of shares made pursuant to and in accordance with the requirements of Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, under a plan adopted by the Reporting Person on September 4, 2025. Includes 2,500 shares of Class A Common Stock acquired pursuant to the Nextdoor Holdings, Inc. 2021 Employee Stock Purchase Plan on February 14, 2026 in a transaction that was exempt under Rules 16b-3(c) and 16b-3(d).
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).
X
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*
Schwartz Sophia

(Last) (First) (Middle)
420 TAYLOR STREET

(Street)
SAN FRANCISCO CA 94102

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Nextdoor Holdings, Inc. [ NXDR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
General Counsel and Secretary
3. Date of Earliest Transaction (Month/Day/Year)
02/18/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Class A Common Stock 02/18/2026 S 2,500(1) D $1.65 286,587(2) 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Sale of shares made pursuant to and in accordance with the requirements of Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, under a plan adopted by the Reporting Person on September 4, 2025.
2. Includes 2,500 shares of Class A Common Stock acquired pursuant to the Nextdoor Holdings, Inc. 2021 Employee Stock Purchase Plan on February 14, 2026 in a transaction that was exempt under Rules 16b-3(c) and 16b-3(d).
Remarks:
/s/ Noah Johnson, as Attorney-in-Fact for Reporting Person 02/20/2026
** 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.

FAQ

What insider transaction did Nextdoor Holdings (NXDR) report for Sophia Schwartz?

Nextdoor Holdings reported that General Counsel and Secretary Sophia Schwartz sold 2,500 shares of Class A common stock. The shares were sold in an open-market transaction at $1.65 per share and were executed under a pre-arranged Rule 10b5-1 trading plan.

How many Nextdoor Holdings (NXDR) shares does Sophia Schwartz hold after this Form 4?

After the reported transaction, Sophia Schwartz directly holds 286,587 shares of Nextdoor Holdings Class A common stock. This figure includes shares acquired through the company’s 2021 Employee Stock Purchase Plan in an exempt transaction described under Rules 16b-3(c) and 16b-3(d).

At what price were the Nextdoor Holdings (NXDR) shares sold in the reported transaction?

The reported open-market sale of Nextdoor Holdings Class A common stock was executed at $1.65 per share. A total of 2,500 shares were sold in this transaction, as disclosed in the Form 4 filed for General Counsel and Secretary Sophia Schwartz.

Was the Nextdoor Holdings (NXDR) insider sale under a Rule 10b5-1 trading plan?

Yes. The sale of 2,500 Nextdoor Holdings Class A common shares was made under a Rule 10b5-1 trading plan. The plan was adopted on September 4, 2025, providing a pre-arranged framework for trades by Sophia Schwartz under specified conditions.

What does the Form 4 say about Sophia Schwartz’s ESPP shares at Nextdoor Holdings (NXDR)?

The filing notes that her holdings include 2,500 Class A common shares acquired on February 14, 2026 through the Nextdoor Holdings, Inc. 2021 Employee Stock Purchase Plan. This acquisition was characterized as exempt under Rules 16b-3(c) and 16b-3(d) of the Exchange Act.

What role does Sophia Schwartz hold at Nextdoor Holdings (NXDR) according to the Form 4?

According to the Form 4, Sophia Schwartz serves as General Counsel and Secretary of Nextdoor Holdings, Inc. She is not listed as a director or ten percent owner, and the reported transaction reflects her direct ownership in Class A common stock.