Nextdoor (NYSE: NXDR) legal chief sells 2,500 shares in 10b5-1 trade
Filing Impact
Filing Sentiment
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).
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,500 shares ($4,125)
Net Sell
1 txn
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)
- 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).
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.
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 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.