STOCK TITAN

Nextdoor (NXDR) product chief exercises RSUs, 1.67M shares now held

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Nextdoor Holdings, Inc. President of Products Craig Lisowski reported routine equity compensation activity involving restricted stock units (RSUs) that converted into Class A Common Stock, with a portion of the shares withheld to cover tax obligations.

On April 15, 2026, RSU awards representing 292,691 shares of Class A Common Stock vested and were exercised at a conversion price of $0.00 per share. To satisfy tax liabilities, a total of 128,287 shares of Class A Common Stock were disposed of at $1.52 per share through tax-withholding transactions, which are not open-market sales. Following these transactions, Lisowski directly holds 1,670,061 shares of Class A Common Stock. Footnotes explain that each RSU converts into one share and that the RSU awards vest in equal quarterly installments over two, three, or four years, subject to continued service.

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Insights

Routine RSU vesting with tax withholding; no open-market trades disclosed.

Crai g Lisowski, President of Products at Nextdoor Holdings, Inc., reported RSU vesting that converted 292,691 shares into Class A Common Stock. These transactions use code M, indicating derivative exercises rather than open-market purchases.

The filing shows 128,287 shares treated as F-code tax-withholding dispositions at $1.52 per share, which are used to pay taxes and do not represent discretionary market sales. After these events, Lisowski directly holds 1,670,061 shares of Class A Common Stock.

Footnotes indicate the RSU awards vest quarterly over two, three, and four-year schedules, contingent on continued service. Overall, the pattern reflects standard executive equity compensation mechanics and appears neutral in signaling terms.

Insider Lisowski Craig
Role President of Products
Type Security Shares Price Value
Exercise Restricted Stock Units (RSU) 178,571 $0.00 --
Exercise Restricted Stock Units (RSU) 72,675 $0.00 --
Exercise Restricted Stock Units (RSU) 41,445 $0.00 --
Exercise Class A Common Stock 178,571 $0.00 --
Tax Withholding Class A Common Stock 78,179 $1.52 $119K
Exercise Class A Common Stock 72,675 $0.00 --
Tax Withholding Class A Common Stock 31,818 $1.52 $48K
Exercise Class A Common Stock 41,445 $0.00 --
Tax Withholding Class A Common Stock 18,290 $1.52 $28K
Holdings After Transaction: Restricted Stock Units (RSU) — 535,715 shares (Direct); Class A Common Stock — 1,684,228 shares (Direct)
Footnotes (1)
  1. Includes 2,500 shares of Class A Common Stock acquired pursuant to the Nextdoor Holdings, Inc. 2021 Employee Stock Purchase Plan on February 14, 2026 in a transaction that was exempt under Rules 16b-3(c) and 16b-3(d). Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock. The RSU award vests in equal quarterly installments over two years on January 15, April 15, July 15 and October 15 of each calendar year, with the first such vesting date on April 15, 2025, subject to the reporting person's continued service to the Issuer on each vesting date. These RSUs do not expire; they either vest or are cancelled prior to the vesting date. The RSU award vests in equal quarterly installments over three years on January 15, April 15, July 15 and October 15 of each calendar year, with the first such vesting date on April 15, 2025, subject to the reporting person's continued service to the Issuer on each vesting date. The RSU award vests in equal quarterly installments over four years on January 15, April 15, July 15 and October 15 of each calendar year, with the first such vesting date on April 15, 2026, subject to the reporting person's continued service to the Issuer on each vesting date.
RSU shares exercised 292,691 shares RSU exercises on April 15, 2026
Tax-withheld shares 128,287 shares F-code tax-withholding at $1.52 per share
Post-transaction holdings 1,670,061 shares Class A Common Stock held directly after transactions
Tax-withholding price $1.52 per share Price used for F-code dispositions
Single RSU tranche size 178,571 shares One RSU block converted into Class A Common Stock
ESPP acquisition 2,500 shares Shares acquired via 2021 Employee Stock Purchase Plan on Feb. 14, 2026
Restricted Stock Units (RSU) financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Employee Stock Purchase Plan financial
"acquired pursuant to the Nextdoor Holdings, Inc. 2021 Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
contingent right financial
"represents a contingent right to receive one share of the Issuer's Class A Common Stock"
vests in equal quarterly installments financial
"The RSU award vests in equal quarterly installments over two years"
SEC Form 4
FORM 4UNITED 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*
Lisowski Craig

(Last)(First)(Middle)
C/O NEXTDOOR HOLDINGS, INC.
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)
Director10% Owner
XOfficer (give title below)Other (specify below)
President of Products
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Common Stock04/15/2026M178,571A$01,684,228(1)D
Class A Common Stock04/15/2026F78,179D$1.521,606,049D
Class A Common Stock04/15/2026M72,675A$01,678,724D
Class A Common Stock04/15/2026F31,818D$1.521,646,906D
Class A Common Stock04/15/2026M41,445A$01,688,351D
Class A Common Stock04/15/2026F18,290D$1.521,670,061D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units (RSU)(2)04/15/2026M178,571 (3) (4)Class A Common Stock178,571$0535,715D
Restricted Stock Units (RSU)(2)04/15/2026M72,675 (5) (4)Class A Common Stock72,675$0508,721D
Restricted Stock Units (RSU)(2)04/15/2026M41,445 (6) (4)Class A Common Stock41,445$0621,684D
Explanation of Responses:
1. Includes 2,500 shares of Class A Common Stock acquired pursuant to the Nextdoor Holdings, Inc. 2021 Employee Stock Purchase Plan on February 14, 2026 in a transaction that was exempt under Rules 16b-3(c) and 16b-3(d).
2. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
3. The RSU award vests in equal quarterly installments over two years on January 15, April 15, July 15 and October 15 of each calendar year, with the first such vesting date on April 15, 2025, subject to the reporting person's continued service to the Issuer on each vesting date.
4. These RSUs do not expire; they either vest or are cancelled prior to the vesting date.
5. The RSU award vests in equal quarterly installments over three years on January 15, April 15, July 15 and October 15 of each calendar year, with the first such vesting date on April 15, 2025, subject to the reporting person's continued service to the Issuer on each vesting date.
6. The RSU award vests in equal quarterly installments over four years on January 15, April 15, July 15 and October 15 of each calendar year, with the first such vesting date on April 15, 2026, subject to the reporting person's continued service to the Issuer on each vesting date.
Remarks:
/s/ Sophia Contreras Schwartz, as Attorney-in-Fact for Reporting Person04/17/2026
** Signature of Reporting PersonDate
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)

FAQ

What did Nextdoor (NXDR) executive Craig Lisowski report in this Form 4?

Craig Lisowski reported RSU vesting that converted into Class A Common Stock and related tax-withholding share dispositions. The activity reflects routine equity compensation rather than open-market buying or selling and results in updated direct ownership levels disclosed in the filing.

How many Nextdoor (NXDR) shares were acquired through RSU exercises?

RSU awards representing 292,691 shares of Nextdoor Class A Common Stock were exercised at a conversion price of $0.00 per share. Each restricted stock unit converts into one share, according to the disclosure explaining the structure of these equity awards.

How many Nextdoor (NXDR) shares were withheld for taxes in this filing?

A total of 128,287 shares of Nextdoor Class A Common Stock were disposed of in F-code tax-withholding transactions at $1.52 per share. These share dispositions cover tax obligations on vesting and are not reported as open-market sales by the executive.

What is Craig Lisowski’s direct Nextdoor (NXDR) share ownership after these transactions?

After the reported RSU conversions and tax-withholding dispositions, Craig Lisowski directly holds 1,670,061 shares of Nextdoor Class A Common Stock. This total includes shares from prior holdings and recent vesting activity summarized in the Form 4 report.

How do the Nextdoor (NXDR) RSU awards for Craig Lisowski vest over time?

The RSU awards vest in equal quarterly installments over two, three, or four years on January 15, April 15, July 15, and October 15. Vesting begins on specified initial dates and remains subject to Lisowski’s continued service with the issuer at each vesting date.

Are the tax-withholding transactions in the Nextdoor (NXDR) Form 4 open-market sales?

No. The F-code transactions are described as payment of tax liability by delivering securities. They represent shares withheld to satisfy taxes due on vesting, rather than discretionary open-market sales executed by the reporting person.