Nextdoor accounting chief sells 10,800 shares
The option exercise was followed by a one-for-one conversion from Class B to Class A before the Class A sale.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Nextdoor Holdings, Inc. (NXDR) Chief Accounting Officer Antoinette How exercised a fully vested option for 10,800 Class B shares at $2.41 per share on October 13, 2026. The shares converted one-for-one into Class A shares, and she sold 10,800 Class A shares at a weighted average $2.7203 per share. The option exercise and sale were made under a Rule 10b5-1 plan adopted June 3, 2026; reported sale prices ranged from $2.72 to $2.7250 per share, inclusive. Her reported stock-option position after the exercise was 40,186 shares.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) F1, F3 | 10,800 | $0.00 | $0.00 |
| Exercise | Class B Common Stock F4, F1 | 10,800 | $0.00 | $0.00 |
| Conversion | Class B Common Stock F4 | 10,800 | $0.00 | $0.00 |
| Conversion | Class A Common Stock | 10,800 | $0.00 | $0.00 |
| Sale | Class A Common Stock F1, F2 | 10,800 | $2.7203 | $29K |
Footnotes (4)
- F1. This transaction was entered into 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 June 3, 2026.
- F2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.72 to $2.7250 per share, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F3. The stock option award is fully vested and exercisable.
- F4. Each share of Class B Common Stock is convertible into one share of Class A Common Stock of the Issuer at the election of the holder any time; provided; however, that each share of Class B Common Stock shall automatically be converted into Class A Common Stock on a one-for-one basis on the earlier of the: (i) tenth anniversary of the completion of the Business Combination or (ii) date specified by the affirmative vote of the holders of two-thirds of the Class B Common Stock then outstanding. In addition, each share of Class B Common Stock will convert automatically into one share of Class A Common Stock upon any transfer, whether or not for value (subject to certain exceptions).
Key Figures
Key Terms
Rule 10b5-1 regulatory
weighted average price financial
fully vested and exercisable financial
one-for-one basis technical
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
AI-generated analysis. How Rhea-AI works. Not financial advice.