Nextdoor (NYSE: NXDR) GC Schwartz sells shares and settles RSUs
Rhea-AI Filing Summary
Nextdoor Holdings General Counsel and Secretary Sophia Schwartz reported multiple equity transactions in Class A common stock and restricted stock units. On January 15, 2026, RSU awards covering 19,707 and 91,667 shares were settled at an exercise price of $0, increasing her common stock holdings, while 9,692 and 43,488 shares were withheld at $1.96 per share to cover taxes. On January 16, 2026, she sold 23,278 shares at $1.946 per share pursuant to a Rule 10b5-1 trading plan adopted on September 4, 2025, leaving her with 286,587 shares of Class A common stock. Following these transactions, she also held 366,667 RSUs, which vest in equal quarterly installments through future dates, contingent on continued service.
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FAQ
What insider activity did Nextdoor (NXDR) report for Sophia Schwartz?
The filing shows Sophia Schwartz, General Counsel and Secretary, settled RSUs into Class A common stock, had shares withheld for taxes, and sold 23,278 shares in open-market transactions.
How many Nextdoor shares did Sophia Schwartz sell and at what price?
On January 16, 2026, she sold 23,278 shares of Class A common stock at a price of $1.946 per share.
Were the Nextdoor insider sales by Sophia Schwartz under a Rule 10b5-1 plan?
Yes. The sale of shares was made pursuant to a Rule 10b5-1 trading plan adopted by Sophia Schwartz on September 4, 2025, as disclosed in the footnotes.
How many Nextdoor shares does Sophia Schwartz own after these transactions?
After the reported transactions, Sophia Schwartz beneficially owned 286,587 shares of Nextdoor Class A common stock, held directly.
What RSU activity did Nextdoor (NXDR) disclose for Sophia Schwartz?
On January 15, 2026, RSU awards covering 19,707 and 91,667 shares were settled at an exercise price of $0. Following these, she held 366,667 RSUs.
How do Sophia Schwartz’s RSUs in Nextdoor vest?
The RSU awards vest in eight equal quarterly installments on January 15, April 15, July 15 and October 15 of each year, with first vesting dates on July 15, 2024 and April 15, 2025, subject to her continued service.