Nextdoor Holdings (NYSE: NXDR) CEO reports RSU exercises and tax share withholding
Rhea-AI Filing Summary
Nextdoor Holdings, Inc. CEO and President Nirav N. Tolia reported multiple equity-compensation transactions dated 2026-07-15. He exercised restricted stock units into 468,773 shares of Class A Common Stock and delivered 184,464 shares at $2.5200 per share to satisfy tax obligations.
After these transactions he directly holds 2,129,168 Class A shares. Each RSU represents a right to one share and vests in equal quarterly installments over four years under three awards that began vesting in 2024, 2025 and 2026, subject to his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
468,773 shares exercised/converted
Mixed
9 txns
Insider
Tolia Nirav N
Role
CEO and President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units (RSU) | 313,126 | $0.00 | -- |
| Exercise | Restricted Stock Units (RSU) | 45,125 | $0.00 | -- |
| Exercise | Restricted Stock Units (RSU) | 110,522 | $0.00 | -- |
| Exercise | Class A Common Stock | 313,126 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 123,216 | $2.52 | $311K |
| Exercise | Class A Common Stock | 45,125 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 17,757 | $2.52 | $45K |
| Exercise | Class A Common Stock | 110,522 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 43,491 | $2.52 | $110K |
Holdings After Transaction:
Restricted Stock Units (RSU) — 2,191,884 shares (Direct);
Class A Common Stock — 2,129,168 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. 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. 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 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. 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
Shares received from RSU exercises: 468773 shares
Shares delivered for tax obligations: 184464 shares
Tax withholding price: $2.5200 per share
+1 more
4 metrics
Shares received from RSU exercises
468773 shares
Class A Common Stock received from restricted stock unit conversions on 2026-07-15
Shares delivered for tax obligations
184464 shares
Class A Common Stock used in F-code tax-withholding dispositions on 2026-07-15
Tax withholding price
$2.5200 per share
Price per share for Class A Common Stock delivered to satisfy tax liabilities
Direct Class A shares after transactions
2129168 shares
Directly held Class A Common Stock following the final M-code transaction on 2026-07-15
Key Terms
Restricted Stock Units ("RSU"), contingent right, vests in equal quarterly installments, tax-withholding disposition
4 terms
Restricted Stock Units ("RSU") financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
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 four years"
tax-withholding disposition financial
"transaction_action is 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider activity did Nextdoor Holdings (NXDR) CEO Nirav Tolia report?
Nirav N. Tolia reported equity-compensation activity involving restricted stock units and Class A Common Stock. On 2026-07-15, RSUs converted into 468,773 shares, and 184,464 shares were delivered to cover tax obligations at a stated price of $2.5200 per share.
How do Nirav Tolia’s RSU awards at Nextdoor Holdings (NXDR) vest over time?
Each RSU represents a contingent right to one Class A share and vests in equal quarterly installments over four years. Three awards are described, with first vesting dates on July 15, 2024, April 15, 2025 and April 15, 2026, subject to continued service.
Were the reported Nextdoor (NXDR) transactions made under a Rule 10b5-1 trading plan?
The Form 4’s Rule 10b5-1 checkbox indicates the transactions were not reported as made under a Rule 10b5-1 trading plan. The footnotes describe RSU vesting schedules but do not state that a pre-arranged trading plan governed these transactions.