Nextdoor (NXDR) director gains 6,536 shares from RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Nextdoor Holdings director J. William Gurley increased his stake through equity compensation. On June 30, 2026, 6,536 Restricted Stock Units converted into an equal number of Class A Common Stock shares at no cost, reflecting routine vesting rather than an open-market trade.
Following the transaction, he directly holds 188,405 Class A shares and 13,072 RSUs. The RSU award vests in four equal installments on March 31, June 30, September 30 and December 31, 2026, so long as he continues serving the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
6,536 shares exercised/converted
Mixed
2 txns
Insider
GURLEY J WILLIAM
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units (RSU) | 6,536 | $0.00 | -- |
| Exercise | Class A Common Stock | 6,536 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units (RSU) — 13,072 shares (Direct, null);
Class A Common Stock — 188,405 shares (Direct, null)
Footnotes (1)
- 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. 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 These RSUs do not expire; they either vest or are cancelled prior to the vesting date.
Key Figures
RSUs converted: 6,536 shares
Shares held after transaction: 188,405 shares
RSUs held after transaction: 13,072 RSUs
+2 more
5 metrics
RSUs converted
6,536 shares
RSUs converted into Class A Common Stock on June 30, 2026
Shares held after transaction
188,405 shares
Direct Class A Common Stock holdings after June 30, 2026 event
RSUs held after transaction
13,072 RSUs
Remaining Restricted Stock Units after June 30, 2026
Exercise price
$0.00 per share
Conversion of RSUs into Class A Common Stock
Vesting dates
Mar 31, Jun 30, Sep 30, Dec 31 2026
Four scheduled RSU vesting dates subject to continued service
Key Terms
Restricted Stock Units (RSU), Class A Common Stock, derivative exercise/conversion, continued service, +1 more
5 terms
Restricted Stock Units (RSU) 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 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.
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
continued service financial
"subject only to continued service to the Issuer"
RSUs do not expire financial
"These RSUs do not expire; they either vest or are cancelled"
FAQ
What insider transaction did Nextdoor (NXDR) disclose for J. William Gurley?
Nextdoor disclosed that director J. William Gurley acquired 6,536 Class A Common Stock shares on June 30, 2026 via RSU conversion, a routine equity compensation event, not an open-market stock purchase or sale.
How do J. William Gurley’s RSUs at Nextdoor (NXDR) vest over time?
His RSU award vests in four equal installments on March 31, June 30, September 30, and December 31, 2026. Each vesting tranche requires his continued service to Nextdoor through the applicable vesting date.
Do J. William Gurley’s RSUs at Nextdoor (NXDR) have an expiration date?
The filing states these RSUs do not expire. They either vest on the scheduled dates if service conditions are met or are cancelled before vesting, rather than expiring on a fixed calendar date.
Was J. William Gurley’s June 30, 2026 Nextdoor (NXDR) transaction a market buy or sale?
No, the Form 4 describes an M-code derivative exercise. 6,536 RSUs converted into the same number of Class A shares at a zero exercise price, reflecting compensation vesting rather than a market purchase or sale.