Nextdoor CAO sells shares after RSU vesting
Nextdoor Holdings, Inc. Chief Accounting Officer Antoinette How exercised restricted stock units and sold shares in a pre-planned transaction.
Rhea-AI Filing Summary
Nextdoor Holdings, Inc. Chief Accounting Officer Antoinette How exercised restricted stock units and sold shares in a pre-planned transaction. On April 15, 2026, multiple RSU tranches converted into Class A Common Stock, and shares were delivered to cover tax obligations.
On April 16, 2026, she completed an open-market sale of 15,597 shares of Class A Common Stock at $1.5129 per share pursuant to a Rule 10b5-1 trading plan adopted on June 2, 2025. Following these transactions, she directly held 24,303 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
16 txns
Insider
How Antoinette
Role
Chief Accounting Officer
Sold
15,597 shs ($24K)
Approx. gross sale proceeds
$24K
Approx. exercise cost
$0.00
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 15,597 | $1.5129 | $24K |
| Exercise | Restricted Stock Units (RSU) | 6,569 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units (RSU) | 3,113 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units (RSU) | 7,346 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units (RSU) | 7,346 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units (RSU) | 9,479 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 6,569 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 2,329 | $1.52 | $4K |
| Exercise | Class A Common Stock | 3,113 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 1,106 | $1.52 | $2K |
| Exercise | Class A Common Stock | 7,346 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 2,671 | $1.52 | $4K |
| Exercise | Class A Common Stock | 7,346 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 2,671 | $1.52 | $4K |
| Exercise | Class A Common Stock | 9,479 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 3,446 | $1.52 | $5K |
Holdings After Transaction:
Restricted Stock Units (RSU) — 173,465 contracts (Direct);
Class A Common Stock — 24,303 shares (Direct)
Footnotes (8)
- 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 June 2, 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 quarterly installments over two years, with 1/6th of the total shares vesting on July 15, 2024, followed by three additional quarterly vesting events of 1/6th of the total shares on October 15, 2024, January 15, 2025, and April 15, 2025, respectively, and four final quarterly vesting events of 1/12th of the total shares on July 15, 2025, October 15, 2025, January 15, 2026, and April 15, 2026, respectively, 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 equal quarterly installments over one year on January 15, April 15, July 15, and October 15, with the first such vesting event on July 15, 2025, subject to the reporting person's continued service to the Issuer on each vesting date.
- F6. The RSU award vests in equal quarterly installments over two years on January 15, April 15, July 15 and October 15 of each calendar year, with the first such vesting date on July 15, 2025, 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 three years on January 15, April 15, July 15 and October 15 of each calendar year, with the first such vesting date on July 15, 2025, subject to the reporting person's continued service to the Issuer on each vesting date.
- F8. The RSU award vests in equal quarterly installments over three years on January 15, April 15, July 15 and October 15 of each calendar year, with the first such vesting date on October 15, 2025, subject to the reporting person's continued service to the Issuer on each vesting date.
Key Figures
Open-market sale: 15,597 shares at $1.5129/share
Post-transaction holdings: 24,303 shares
Derivative exercises: 33,853 shares
+2 more
5 metrics
Open-market sale
15,597 shares at $1.5129/share
Class A Common Stock sale on April 16, 2026
Post-transaction holdings
24,303 shares
Class A Common Stock held directly after April 16, 2026 sale
Derivative exercises
33,853 shares
RSU exercises/conversions reported across M-code transactions
Tax-withholding shares
12,223 shares
Shares delivered to cover tax liabilities on RSU vesting
Rule 10b5-1 plan adoption date
June 2, 2025
Plan governing April 16, 2026 open-market sale
Key Terms
Rule 10b5-1, Restricted Stock Units (RSU), tax-withholding disposition, derivative exercise/conversion, +1 more
5 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"
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.
derivative exercise/conversion financial
"Exercise or conversion of derivative security"
Class A Common Stock financial
"one share of the Issuer's Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did NXDR’s Chief Accounting Officer report?
The Chief Accounting Officer of Nextdoor Holdings (NXDR) reported RSU conversions into Class A Common Stock, related share dispositions for taxes, and an open-market sale. These actions reflect routine equity compensation vesting combined with a pre-planned share sale under a Rule 10b5-1 trading plan.
What RSU activity did Nextdoor’s CAO report in this Form 4?
The filing shows several Restricted Stock Units (RSUs) converting into Class A Common Stock, consistent with scheduled vesting. It also reports shares withheld to satisfy tax obligations, a common feature of stock-based compensation when RSUs vest for executives.
AI-generated analysis. How Rhea-AI works. Not financial advice.
