Nextdoor accounting chief sells 40,000 shares
The reported exercise and sale were made under a Rule 10b5-1 plan adopted June 3, 2026.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Nextdoor Holdings, Inc. Chief Accounting Officer How Antoinette exercised options covering 40,000 Class B shares at an exercise price of $2.41 per share on September 21, 2026, converted them one-for-one into Class A shares, and sold 40,000 Class A shares at a weighted average $2.6255 per share. The exercise and sale were made under a Rule 10b5-1 plan adopted June 3, 2026. The option entry reports 50,986 options following the exercise.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
5 txns
Insider
How Antoinette
Role
Chief Accounting Officer
Sold
40,000 shs ($105K)
Approx. gross sale proceeds
$105K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) F1, F3 | 40,000 | $0.00 | $0.00 |
| Exercise | Class B Common Stock F4, F1 | 40,000 | $0.00 | $0.00 |
| Conversion | Class B Common Stock F4 | 40,000 | $0.00 | $0.00 |
| Conversion | Class A Common Stock | 40,000 | $0.00 | $0.00 |
| Sale | Class A Common Stock F1, F2 | 40,000 | $2.6255 | $105K |
Holdings After Transaction:
Stock Option (Right to Buy) — 50,986 options (Direct);
Class B Common Stock — 0 shares (Direct);
Class A Common Stock — 0 shares (Direct)
Footnotes (4)
- F1. This transaction was entered into 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 3, 2026.
- F2. The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.62 to $2.6350 per share, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F3. The stock option award is fully vested and exercisable.
- F4. Each share of Class B Common Stock is convertible into one share of Class A Common Stock of the Issuer at the election of the holder any time; provided; however, that each share of Class B Common Stock shall automatically be converted into Class A Common Stock on a one-for-one basis on the earlier of the: (i) tenth anniversary of the completion of the Business Combination or (ii) date specified by the affirmative vote of the holders of two-thirds of the Class B Common Stock then outstanding. In addition, each share of Class B Common Stock will convert automatically into one share of Class A Common Stock upon any transfer, whether or not for value (subject to certain exceptions).
Key Figures
Options exercised: 40,000 shares
Exercise price: $2.41 per share
Class A shares sold: 40,000 shares
+2 more
5 metrics
Options exercised
40,000 shares
Exercise on September 21, 2026
Exercise price
$2.41 per share
Options exercised on September 21, 2026
Class A shares sold
40,000 shares
Sale on September 21, 2026
Weighted average sale price
$2.6255 per share
Class A shares sold on September 21, 2026
Options following exercise
50,986 shares
Reported after the September 21, 2026 exercise
Key Terms
Rule 10b5-1, weighted average price, fully vested and exercisable
3 terms
Rule 10b5-1 regulatory
"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.
weighted average price financial
"The reported price in Column 4 is a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
fully vested and exercisable technical
"The stock option award is fully vested and exercisable"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What were the NXDR option exercise terms?
How Antoinette exercised options covering 40,000 Class B shares at $2.41 per share on September 21, 2026; the shares were converted one-for-one into Class A shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
