Nextdoor director exercises 106,707 RSUs
Nextdoor Holdings director Robert Hohman reported a routine equity compensation event involving restricted stock units.
Rhea-AI Filing Summary
Nextdoor Holdings director Robert Hohman reported a routine equity compensation event involving restricted stock units. On June 8, 2026, RSUs covering 106,707 shares of Class A Common Stock were exercised, resulting in the same number of common shares being issued at a stated price of $0.00 per share.
Following this conversion, Hohman directly holds 544,211 shares of Class A Common Stock. Each RSU represented a contingent right to receive one share, with the award vesting on the earlier of the company’s 2026 annual stockholder meeting or June 10, 2026, subject to continued service. The RSUs either vest or are cancelled rather than expiring.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units (RSU) | 106,707 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 106,707 | $0.00 | $0.00 |
Footnotes (3)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- F2. The entire RSU award vested or vests on the earlier of the (a) date of the 2026 annual meeting of the Issuer's stockholders or (b) June 10, 2026, in each case subject to the reporting person's continued service to Issuer through the applicable vesting date.
- F3. These RSUs do not expire; they either vest or are cancelled prior to the vesting date.
Key Figures
Key Terms
Restricted Stock Units (RSU) financial
Class A Common Stock financial
contingent right financial
vesting date financial
cancelled prior to the vesting date financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Nextdoor (NXDR) report for Robert Hohman?
What are the terms of the RSUs in the Nextdoor (NXDR) Form 4 filing?
Do the RSUs in the Nextdoor (NXDR) filing expire if unvested?
Was there any open-market buying or selling in this Nextdoor (NXDR) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.