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Nextdoor (NYSE: NXDR) legal chief sells 2,500 shares

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Nextdoor Holdings, Inc. (NXDR) reported that Sophia Schwartz, its Chief Legal Officer and Secretary, sold 2,500 shares of Class A Common Stock on August 17, 2026 in an open-market or private transaction at $2.5142 per share.

The sale was made pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on September 4, 2025. After this transaction, Schwartz directly held 336,897 shares of Class A Common Stock, which include 2,500 shares acquired on August 14, 2026 through the Nextdoor Holdings, Inc. 2021 Employee Stock Purchase Plan in a transaction exempt under Rules 16b-3(c) and 16b-3(d).

Positive

  • None.

Negative

  • None.
Insider Schwartz Sophia
Role Chief Legal Officer, Secretary
Sold 2,500 shs ($6K)
Type Security Shares Price Value
Sale Class A Common Stock F1, F2 2,500 $2.5142 $6K
Holdings After Transaction: Class A Common Stock — 336,897 shares (Direct)
Footnotes (2)
  1. 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.
  2. F2. Includes 2,500 shares of Class A Common Stock acquired pursuant to the Nextdoor Holdings, Inc. 2021 Employee Stock Purchase Plan on August 14, 2026 in a transaction that was exempt under Rules 16b-3(c) and 16b-3(d).
Shares sold 2,500 shares Class A Common Stock sale on August 17, 2026
Sale price per share $2.5142 per share Price for 2,500 shares sold on August 17, 2026
Shares held after transaction 336,897 shares Direct Class A Common Stock ownership following the sale
Shares acquired via ESPP 2,500 shares Acquired on August 14, 2026 under 2021 Employee Stock Purchase Plan
10b5-1 plan adoption date September 4, 2025 Adoption date of trading plan used for the August 17, 2026 sale
Net shares sold in filing 2,500 shares transactionSummary net-sell shares
Rule 10b5-1 regulatory
"Sale of shares made pursuant to and in accordance with the requirements of Rule 10b5-1"
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.
Employee Stock Purchase Plan financial
"acquired pursuant to the Nextdoor Holdings, Inc. 2021 Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
Rules 16b-3(c) and 16b-3(d) regulatory
"in a transaction that was exempt under Rules 16b-3(c) and 16b-3(d)"

FAQ

What insider transaction did NXDR disclose for Sophia Schwartz?

Sophia Schwartz sold 2,500 shares of Nextdoor Holdings, Inc. Class A Common Stock on August 17, 2026 at $2.5142 per share. The transaction was reported as an open-market or private sale of non-derivative shares.

How many NXDR shares does Sophia Schwartz hold after this Form 4 transaction?

After the reported sale, Sophia Schwartz directly holds 336,897 shares of Nextdoor Class A Common Stock. This total includes 2,500 shares acquired through the company’s 2021 Employee Stock Purchase Plan on August 14, 2026.

Was the August 17, 2026 NXDR share sale under a Rule 10b5-1 plan?

Yes. The 2,500-share sale on August 17, 2026 was made pursuant to a Rule 10b5-1 trading plan that Sophia Schwartz adopted on September 4, 2025, as disclosed in the filing footnotes.

What price did Sophia Schwartz receive for the NXDR shares sold?

She sold 2,500 shares of Nextdoor Class A Common Stock at a price of $2.5142 per share. This price is stated as a per-share transaction value for the non-derivative open-market or private sale.

What role does Sophia Schwartz have at Nextdoor Holdings, Inc. (NXDR)?

Sophia Schwartz is identified as Chief Legal Officer and Secretary of Nextdoor Holdings, Inc. She is an officer of the company but is not listed as a director or ten percent owner in this Form 4.

How were some of Sophia Schwartz’s NXDR shares acquired prior to this sale?

The footnotes state that her holdings include 2,500 shares of Class A Common Stock acquired on August 14, 2026 under the Nextdoor Holdings, Inc. 2021 Employee Stock Purchase Plan, in a transaction exempt under Rules 16b-3(c) and 16b-3(d).

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
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*
Schwartz Sophia

(Last)(First)(Middle)
420 TAYLOR STREET

(Street)
SAN FRANCISCO CALIFORNIA 94102

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Nextdoor Holdings, Inc. [ NXDR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Legal Officer, Secretary
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/17/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class A Common Stock08/17/2026S2,500(1)D$2.5142336,897(2)D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
2. Includes 2,500 shares of Class A Common Stock acquired pursuant to the Nextdoor Holdings, Inc. 2021 Employee Stock Purchase Plan on August 14, 2026 in a transaction that was exempt under Rules 16b-3(c) and 16b-3(d).
Remarks:
/s/ Sophia Contreras Schwartz, as Attorney-in-Fact for Reporting Person08/19/2026
** Signature of Reporting PersonDate
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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)