Nextdoor CEO exercises 468,773 RSUs, holds 2,100,351 shares
Nirav N. Tolia, CEO and President of Nextdoor Holdings, Inc., exercised restricted stock units on July 15, 2026 to receive 468,773 shares of Class A Common Stock.
Rhea-AI Filing Summary
Nirav N. Tolia, CEO and President of Nextdoor Holdings, Inc., exercised restricted stock units on July 15, 2026 to receive 468,773 shares of Class A Common Stock. 184,464 of these shares were used in tax-withholding dispositions at $2.5200 per share, resulting in direct holdings of 2,100,351 Class A shares and 4,190,441 RSUs after the transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
468,773 shares exercised/converted
Exercise
9 txns
Insider
Tolia Nirav N
Role
CEO and President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units (RSU) F1, F2, F3 | 313,126 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units (RSU) F1, F4, F3 | 45,125 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units (RSU) F1, F5, F3 | 110,522 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 313,126 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 123,216 | $2.52 | $311K |
| Exercise | Class A Common Stock | 45,125 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 17,757 | $2.52 | $45K |
| Exercise | Class A Common Stock | 110,522 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 43,491 | $2.52 | $110K |
Holdings After Transaction:
Restricted Stock Units (RSU) — 4,190,441 contracts (Direct);
Class A Common Stock — 2,100,351 shares (Direct)
Footnotes (5)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- F2. 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 event on July 15, 2024, subject to the reporting person's continued service to the Issuer on each vesting date.
- F3. These RSUs do not expire; they either vest or are cancelled prior to the vesting date.
- F4. 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 event on April 15, 2025, subject to the reporting person's continued service to the Issuer on each vesting date.
- F5. 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 event on April 15, 2026, subject to the reporting person's continued service to the Issuer on each vesting date.
Key Figures
RSUs exercised: 468,773 shares
Tax-withholding shares: 184,464 shares
Tax withholding price: $2.5200 per share
+3 more
6 metrics
RSUs exercised
468,773 shares
Total Class A Common Stock received from RSU conversions on July 15, 2026
Tax-withholding shares
184,464 shares
Total shares delivered in F-code tax-withholding dispositions on July 15, 2026
Tax withholding price
$2.5200 per share
Per-share value used for F-code tax-withholding dispositions
Class A Common Stock holdings
2,100,351 shares
Direct Class A Common Stock held after the reported transactions
RSU holdings
4,190,441 RSUs
Direct RSUs outstanding after the July 15, 2026 exercises
RSU vesting schedule start
July 15, 2024; April 15, 2025; April 15, 2026
First vesting dates for different RSU awards, vesting quarterly over four years
Key Terms
Restricted Stock Units (RSU), tax-withholding disposition, derivative security, vesting date
4 terms
Restricted Stock Units (RSU) financial
"Each restricted stock unit (RSU) represents a contingent right to receive one share"
tax-withholding disposition financial
"Transaction action described as a tax-withholding disposition of shares"
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.
derivative security financial
"Transaction code M is defined as exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
vesting date financial
"RSU awards vest quarterly over four years, subject to service on each vesting date"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did NXDR CEO Nirav N. Tolia report?
Nirav N. Tolia reported exercising RSUs into 468,773 shares of Class A Common Stock on July 15, 2026. Related tax-withholding dispositions totaled 184,464 shares, and he now directly holds 2,100,351 shares plus 4,190,441 RSUs.
How do the NXDR CEO’s RSU awards vest over time?
The RSU awards vest in equal quarterly installments over four years on January 15, April 15, July 15 and October 15. Different awards began vesting on July 15, 2024, April 15, 2025, and April 15, 2026, subject to continued service on each vesting date.
Were the NXDR insider transactions under a Rule 10b5-1 plan?
The Form 4’s Rule 10b5-1 checkbox was not marked as affirmatively adopted. The data does not indicate that these July 15, 2026 RSU exercises and related tax-withholding dispositions were executed under a pre-arranged Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
