Nextdoor director exercises 6,536 RSUs into shares

Nextdoor Holdings director Niraj Shah exercised restricted stock units into common shares in a routine equity compensation event.

Accepted by SEC EDGAR 07/02/2026 - 04:01 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Nextdoor Holdings director Niraj Shah exercised restricted stock units into common shares in a routine equity compensation event. On this date, he acquired 6,536 shares of Class A Common Stock through the conversion of 6,536 Restricted Stock Units (RSUs), with no cash exercise price reported. Following the transaction, he directly holds 250,747 Class A shares and 13,072 RSUs. Each RSU represents a right to receive one share of Class A stock, subject to continued service. The award is scheduled to vest in four equal installments on March 31, 2026, June 30, 2026, September 30, 2026 and December 31, 2026, so long as Shah remains in service through each date.

Insider Trade Summary

6,536 shares exercised/converted

Exercise 2 txns

Insider Shah Niraj

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units (RSU)	6,536	$0.00	$0.00
Exercise	Class A Common Stock	6,536	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units (RSU) — 13,072 units (Direct); Class A Common Stock — 250,747 shares (Direct)

Footnotes (3)

1. F1. 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.
2. F2. 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.
3. F3. These RSUs do not expire; they either vest or are cancelled prior to the vesting date.

Key Figures

Shares acquired via RSU exercise: 6,536 shares Post-transaction common shares: 250,747 shares Post-transaction RSU balance: 13,072 RSUs +2 more

5 metrics

Shares acquired via RSU exercise 6,536 shares Class A Common Stock acquired through RSU conversion on June 30, 2026

Post-transaction common shares 250,747 shares Class A Common Stock directly held after transactions

Post-transaction RSU balance 13,072 RSUs Restricted Stock Units remaining after 6,536-unit conversion

RSU conversion price $0.0000 per unit Reported transaction price per RSU share on June 30, 2026

RSU vesting dates 4 installments in 2026 Vesting on March 31, June 30, September 30 and December 31, 2026

Key Terms

Restricted Stock Units (RSU), Class A Common Stock, Exercise or conversion of derivative security, continued service

4 terms

Restricted Stock Units (RSU) financial

"The RSU Award will vest as to 1/4 of the shares subject to the award..."

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.

Exercise or conversion of derivative security financial

"transaction_code_description: "Exercise or conversion of derivative security""

continued service financial

"subject only to continued service to the Issuer"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Niraj Shah report at Nextdoor Holdings (NXDR)?

Director Niraj Shah reported exercising 6,536 Restricted Stock Units (RSUs) into 6,536 shares of Class A Common Stock. This is a non-cash equity compensation event, reflecting conversion of previously granted RSUs into stock rather than an open-market purchase or sale.

How many Nextdoor Holdings (NXDR) shares does Niraj Shah hold after this Form 4?

After the reported transactions, Niraj Shah directly holds 250,747 shares of Nextdoor Holdings Class A Common Stock and 13,072 Restricted Stock Units. These positions reflect his post-transaction ownership as disclosed in the filing, combining both common shares and unvested RSUs.

What are Restricted Stock Units (RSUs) in the Nextdoor (NXDR) filing for Niraj Shah?

In this filing, each Restricted Stock Unit represents a contingent right to receive one share of Nextdoor’s Class A Common Stock. The RSUs convert into shares only if service-based vesting conditions are met; otherwise they may be cancelled before vesting occurs.

What is the vesting schedule for Niraj Shah’s RSU award at Nextdoor (NXDR)?

The RSU award vests in four equal installments: one-quarter on March 31, 2026, then on June 30, 2026, September 30, 2026 and December 31, 2026. Vesting at each date is conditioned on Shah’s continued service to Nextdoor through that specific date.

Did Niraj Shah buy or sell Nextdoor (NXDR) shares on the open market?

The reported transactions are option-style RSU conversions, not open-market trades. Code M indicates exercise or conversion of a derivative security, so Shah acquired shares through vesting-related equity compensation rather than buying or selling stock in the public market.

Do Niraj Shah’s RSUs at Nextdoor (NXDR) have an expiration date?

The footnotes state these RSUs do not expire in the traditional sense. They either vest on their scheduled dates, delivering Class A shares to Shah, or are cancelled before vesting if service conditions are not satisfied.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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).

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^*

Shah Niraj

(Last) (First) (Middle)

420 TAYLOR STREET

(Street)

SAN FRANCISCO CALIFORNIA 94102

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Nextdoor Holdings, Inc. [ NXDR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	06/30/2026		M		6,536	A	$0	250,747	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
Restricted Stock Units (RSU)	(1)	06/30/2026		M			6,536	(2)	(3)	Class A Common Stock	6,536	$0	13,072	D

Explanation of Responses:

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.

2. 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.

3. These RSUs do not expire; they either vest or are cancelled prior to the vesting date.

Remarks:

	/s/ Sophia Contreras Schwartz, as Attorney-in-Fact for Reporting Person	07/02/2026
	** 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.
* Form 4: SEC 1474 (03-26)