Nextdoor executive sells 60K shares, exercises RSUs
Nextdoor Holdings President of Products Craig Lisowski reported multiple equity transactions.
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Form Type
4
Rhea-AI Filing Summary
Nextdoor Holdings President of Products Craig Lisowski reported multiple equity transactions. On July 15, 2026, RSU awards vested and were exercised for 292,692 shares of Class A common stock, with 148,630 shares withheld at about $2.52 per share for taxes. On July 14, 2026, he sold 60,000 shares at an average price of $2.5016 in an open-market trade under a pre-arranged Rule 10b5-1 plan, after which he held 1,754,123 shares directly.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
10 txns
Insider
Lisowski Craig
Role
President of Products
Sold
60,000 shs ($150K)
Approx. gross sale proceeds
$150K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units (RSU) F2, F3, F4 | 178,572 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units (RSU) F2, F5, F4 | 72,674 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units (RSU) F2, F6, F4 | 41,446 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 178,572 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 90,679 | $2.52 | $229K |
| Exercise | Class A Common Stock | 72,674 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 36,904 | $2.52 | $93K |
| Exercise | Class A Common Stock | 41,446 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 21,047 | $2.52 | $53K |
| Sale | Class A Common Stock F1 | 60,000 | $2.5016 | $150K |
Holdings After Transaction:
Restricted Stock Units (RSU) — 1,373,428 units (Direct);
Class A Common Stock — 1,814,123 shares (Direct)
Footnotes (6)
- F1. 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.
- F2. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- F3. The RSU award vests in equal quarterly installments over two years on January 15, April 15, July 15 and October 15 of each calendar year, with the first such vesting date on April 15, 2025, subject to the reporting person's continued service to the Issuer on each vesting date.
- F4. These RSUs do not expire; they either vest or are cancelled prior to the vesting date.
- F5. The RSU award vests in equal quarterly installments over three years on January 15, April 15, July 15 and October 15 of each calendar year, with the first such vesting date on April 15, 2025, subject to the reporting person's continued service to the Issuer on each vesting date.
- F6. The RSU award vests in equal quarterly installments over four years on January 15, April 15, July 15 and October 15 of each calendar year, with the first such vesting date on April 15, 2026, subject to the reporting person's continued service to the Issuer on each vesting date.
Key Figures
RSU shares exercised: 292,692 shares
Tax-withholding shares: 148,630 shares
Shares sold: 60,000 shares
+3 more
6 metrics
RSU shares exercised
292,692 shares
Total Class A common shares from RSU exercises reported for July 15, 2026
Tax-withholding shares
148,630 shares
Shares delivered to cover tax obligations at about $2.5200 per share
Shares sold
60,000 shares
Open-market sale on July 14, 2026 under Rule 10b5-1 plan
Sale price
$2.5016 per share
Average price for the 60,000-share open-market sale on July 14, 2026
Tax price
$2.5200 per share
Price used for tax-withholding dispositions of Class A common stock
Holdings after sale
1,754,123 shares
Direct Class A holdings following the July 14, 2026 60,000-share sale
Key Terms
Rule 10b5-1, Restricted Stock Units (RSU), tax-withholding disposition, derivative security
4 terms
Rule 10b5-1 regulatory
"Sale of shares made pursuant to and in accordance with the requirements of Rule 10b5-1"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
Restricted Stock Units (RSU) financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
tax-withholding disposition financial
""transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider stock transactions did Nextdoor Holdings (NXDR) executive Craig Lisowski report?
Craig Lisowski reported RSU vesting exercises for 292,692 shares of Class A common stock, related tax-withholding dispositions of 148,630 shares, and an open-market sale of 60,000 shares. These transactions involved his equity compensation and personal holdings in Nextdoor Holdings.
Was Craig Lisowski’s Nextdoor Holdings (NXDR) stock sale under a Rule 10b5-1 trading plan?
Yes. The Form 4 footnote states the 60,000-share sale was made pursuant to the requirements of Rule 10b5-1 under a trading plan adopted on September 4, 2025. Such pre-arranged plans automate trading and reduce the significance of transaction timing.
How many RSUs vested or were exercised for Craig Lisowski in this Nextdoor (NXDR) Form 4?
RSU awards were exercised for a total of 292,692 shares of Class A common stock on July 15, 2026. Each restricted stock unit represents a right to receive one share, and these awards vest in equal quarterly installments over multi-year schedules, subject to continued service.
How do the RSU vesting schedules work for Nextdoor Holdings (NXDR) executive awards?
The RSU awards vest in equal quarterly installments over two, three, or four years on January 15, April 15, July 15, and October 15. Vesting begins on either April 15, 2025, or April 15, 2026, and is conditioned on the executive’s continued service to Nextdoor.
AI-generated analysis. How Rhea-AI works. Not financial advice.
