Nextdoor (NXDR) grants PSU and RSU packages to product chief

Rhea-AI Filing Summary

Lisowski Craig reported acquisition or exercise transactions in this Form 4 filing.

Nextdoor Holdings, Inc. reported that President of Products Craig Lisowski received equity awards consisting of 663,129 Performance Stock Units (PSUs) and 663,129 Restricted Stock Units (RSUs) on March 5, 2026. Both awards are granted at no cost and are contingent on future vesting conditions.

The PSUs can earn between 0% and 200% of the 663,129-share reference amount, depending on achievement of four escalating stock price performance targets during a period from January 15, 2027 to January 15, 2030 and continued service. Subject to meeting those targets, PSUs may vest annually each January 15, starting in 2027, with unearned PSUs forfeited on January 15, 2030.

Each RSU represents a right to receive one share of Class A common stock, vesting in sixteen equal quarterly installments over four years on January 15, April 15, July 15, and October 15, beginning April 15, 2026, if Mr. Lisowski remains in service on each vesting date.

SEC Form 4

FORM 4

UNITED 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

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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 CA 94102

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Nextdoor Holdings, Inc. [ NXDR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President of Products

3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Performance Stock Units (PSU)	(1)	03/05/2026		A		663,129		(2)	01/15/2030(3)	Class A Common Stock	663,129	$0	663,129	D
Restricted Stock Units (RSU)	(4)	03/05/2026		A		663,129		(5)	(6)	Class A Common Stock	663,129	$0	663,129	D

Explanation of Responses:

1. The performance stock units ("PSUs") represent a contingent right to receive shares of the Issuer's Class A Common Stock, subject to the achievement of applicable performance criteria and the reporting person's continued service to the Issuer through the later of: (i) the date such achievement is certified. or (ii) the scheduled vesting date. The number of shares that will vest, if any, is contingent on achievement of the relevant Performance Targets (defined below), with the potential for the reporting person to earn a number of shares between 0% and 200% of the numbers reflected in the row above. The grant details reported in the row above represent the number of shares that may vest and be earned based on achievement of all Performance Targets at 100%.

2. The PSU award is subject to a service-based vesting schedule and performance criteria relating to the achievement of four escalating stock price targets (the "Performance Targets") during a performance period beginning on January 15, 2027 and ending January 15, 2030 (the "Performance Period"). Subject to achievement of the relevant Performance Target and the Reporting Person's continued service to the Issuer through the applicable vesting date, the award shall vest annually in four installments on the 15th calendar day of January, with the first tranche capable of vesting on January 15, 2027.

3. To the extent the relevant performance criteria are not achieved (i.e., achieved at 0%), the PSUs comprising this award will expire and be forfeited on January 15, 2030.

4. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock, subject only to continued service to the Issuer, as described in footnote 5 below.

5. The RSU award vests in sixteen 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.

6. These restricted stock units do not expire; they either vest or are cancelled prior to the vesting date.

Remarks:

	/s/ Sophia Contreras Schwartz, as Attorney-in-Fact for Reporting Person	03/09/2026
	** Signature of Reporting Person	Date
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).
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FAQ

What equity awards did Nextdoor (NXDR) grant to Craig Lisowski?

Nextdoor granted Craig Lisowski 663,129 Performance Stock Units and 663,129 Restricted Stock Units. Both awards are at no cost per unit and give rights to Class A common shares if future performance and service-based vesting conditions are satisfied over several years.

How do the Performance Stock Units for Nextdoor (NXDR) executive vest?

The Performance Stock Units vest based on four escalating stock price targets between January 15, 2027 and January 15, 2030. Depending on performance and continued service, Lisowski can earn between 0% and 200% of 663,129 shares, with annual vesting opportunities each January 15 during the performance period.

What is the vesting schedule for Craig Lisowski’s RSUs at Nextdoor (NXDR)?

The RSU award vests in sixteen equal quarterly installments over four years. Vesting dates are January 15, April 15, July 15, and October 15 each year, starting April 15, 2026, and require Craig Lisowski’s continued service with Nextdoor on each applicable vesting date.

Can Craig Lisowski lose the granted PSUs at Nextdoor (NXDR)?

Yes. If the relevant stock price performance criteria are achieved at 0%, the PSUs from this award expire and are forfeited on January 15, 2030. Failure to meet the performance targets means no shares are earned from these performance-based units despite the initial grant.

Do the Restricted Stock Units granted by Nextdoor (NXDR) have an expiration date?

The restricted stock units do not have a traditional expiration date. They either vest on scheduled quarterly vesting dates if service conditions are met or are cancelled before those vesting dates if conditions are not satisfied, according to the award’s terms.