Nextdoor Holdings (NXDR) grants director Niraj Shah 26,143 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Shah Niraj reported acquisition or exercise transactions in this Form 4 filing.
Nextdoor Holdings director Niraj Shah received a grant of 26,143 restricted stock units (RSUs) linked to Class A common stock. Each RSU represents the right to receive one share, contingent on continued service. The award vests in four equal installments on March 31, June 30, September 30, and December 31, 2026, as long as he remains with the company. These RSUs do not expire; they either vest on schedule or are canceled before vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Shah Niraj
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units (RSU) | 26,143 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units (RSU) — 26,143 shares (Direct)
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.
FAQ
What insider transaction did Nextdoor Holdings (NXDR) report for Niraj Shah?
Nextdoor Holdings reported that director Niraj Shah received a grant of 26,143 restricted stock units (RSUs). These RSUs are a form of equity compensation that may convert into Class A common shares if specific service-based vesting conditions are met.
How many RSUs did Niraj Shah receive from Nextdoor Holdings (NXDR)?
Niraj Shah received 26,143 RSUs tied to Nextdoor’s Class A common stock. After the grant, his reported direct holdings for this award total 26,143 units, subject to the vesting schedule and continued service requirements described in the filing footnotes.
What is the vesting schedule for Niraj Shah’s 26,143 RSUs at Nextdoor (NXDR)?
The 26,143 RSUs vest in four equal parts during 2026. One-quarter vests on March 31, June 30, September 30, and December 31, 2026. Each installment requires Niraj Shah’s continued service with Nextdoor through the applicable vesting date.
Do Niraj Shah’s RSUs at Nextdoor (NXDR) have an expiration date?
The filing states that these RSUs do not expire. Instead, they either vest on the scheduled dates if service conditions are satisfied or are canceled before vesting, meaning they never convert into Class A common shares.
What type of security was granted to Niraj Shah by Nextdoor (NXDR)?
Niraj Shah was granted restricted stock units (RSUs) that each represent a contingent right to receive one share of Class A common stock. These RSUs are classified as derivative securities until they vest and convert into actual common shares.