Nextdoor GC sells 43K shares after RSU vesting
Nextdoor Holdings General Counsel and Secretary Sophia Schwartz reported a mix of equity transactions in Class A Common Stock.
Rhea-AI Filing Summary
Nextdoor Holdings General Counsel and Secretary Sophia Schwartz reported a mix of equity transactions in Class A Common Stock. She exercised restricted stock units to acquire 165,070 shares of stock at a conversion price of $0.0000 per share, reflecting multiple RSU vesting events.
To cover tax obligations from these vestings, a total of 72,269 shares were disposed of through tax-withholding transactions at $1.52 per share. In a separate move, she completed an open-market sale of 43,015 shares at an average price of $1.5349 per share.
The sale was carried out under a pre-arranged Rule 10b5-1 trading plan adopted on September 4, 2025, indicating the timing was scheduled in advance. After all transactions, Schwartz directly holds 336,373 shares of Nextdoor Holdings Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
13 txns
Insider
Schwartz Sophia
Role
General Counsel and Secretary
Sold
43,015 shs ($66K)
Approx. gross sale proceeds
$66K
Approx. exercise cost
$0.00
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 43,015 | $1.5349 | $66K |
| Exercise | Restricted Stock Units (RSU) | 19,707 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units (RSU) | 91,667 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units (RSU) | 24,224 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units (RSU) | 29,472 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 19,707 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 8,628 | $1.52 | $13K |
| Exercise | Class A Common Stock | 91,667 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 40,132 | $1.52 | $61K |
| Exercise | Class A Common Stock | 24,224 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 10,606 | $1.52 | $16K |
| Exercise | Class A Common Stock | 29,472 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 12,903 | $1.52 | $20K |
Holdings After Transaction:
Restricted Stock Units (RSU) — 789,762 contracts (Direct);
Class A Common Stock — 336,373 shares (Direct)
Footnotes (7)
- F1. Sale of shares made 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 September 4, 2025.
- F2. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- F3. The RSU award vests in eight equal quarterly installments on January 15, April 15, July 15 and October 15 of each calendar year, with the first such vesting event on July 15, 2024, subject to the reporting person's continued service to the Issuer on each vesting date.
- F4. These RSUs do not expire; they either vest or are cancelled prior to the vesting date.
- F5. The RSU award vests in eight equal quarterly installments on January 15, April 15, July 15 and October 15 of each calendar year, with the first such vesting event on April 15, 2025, subject to the reporting person's continued service to the Issuer on each vesting date.
- F6. The RSU award vests in four equal quarterly installments on January 15, April 15, July 15 and October 15 of each calendar year, with the first such vesting event on April 15, 2026, subject to the reporting person's continued service to the Issuer on each vesting date.
- F7. 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.
Key Figures
Open-market sale: 43,015 shares at $1.5349
RSU shares acquired: 165,070 shares at $0.0000
Tax-withholding shares: 72,269 shares at $1.52
+1 more
4 metrics
Open-market sale
43,015 shares at $1.5349
Class A Common Stock sold on April 16, 2026
RSU shares acquired
165,070 shares at $0.0000
Class A Common Stock from RSU exercises on April 15, 2026
Tax-withholding shares
72,269 shares at $1.52
Shares delivered for tax liabilities on April 15, 2026
Shares held after transactions
336,373 shares
Direct Class A Common Stock ownership after April 15–16, 2026
Key Terms
Rule 10b5-1, Restricted Stock Units (RSU), tax-withholding disposition, exercise or conversion of derivative security
4 terms
Rule 10b5-1 regulatory
"Sale of shares made pursuant to and in accordance with the requirements of Rule 10b5-1 under the Securities Exchange Act of 1934"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
Restricted Stock Units (RSU) financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock."
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.
exercise or conversion of derivative security financial
"Exercise or conversion of derivative security"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Nextdoor Holdings (NXDR) report for Sophia Schwartz?
Nextdoor’s General Counsel Sophia Schwartz exercised RSUs to acquire 165,070 Class A shares, had 72,269 shares withheld for taxes, and sold 43,015 shares in the open market. After these transactions, she directly holds 336,373 Class A Common shares.
What is Sophia Schwartz’s remaining ownership in Nextdoor Holdings (NXDR) after these transactions?
Following the reported exercises, tax-withholding dispositions, and open-market sale, Sophia Schwartz directly holds 336,373 shares of Nextdoor Holdings Class A Common Stock. This balance reflects her updated ownership position after all Form 4 transactions on April 15–16, 2026.
Were the Nextdoor Holdings (NXDR) insider sales made under a Rule 10b5-1 plan?
Yes. The Form 4 footnotes state the 43,015-share sale was executed under a Rule 10b5-1 trading plan adopted on September 4, 2025. Such plans pre-schedule trades, indicating the timing of this sale was arranged in advance rather than decided spontaneously.
AI-generated analysis. How Rhea-AI works. Not financial advice.
