Nextdoor (NXDR) General Counsel sells 28,616 shares under Rule 10b5-1 plan
Rhea-AI Filing Summary
Nextdoor Holdings, Inc. General Counsel and Secretary Sophia Schwartz reported an open-market sale of 28,616 shares of Class A Common Stock at an average price of $2.2517 per share. After this transaction, she directly holds 307,757 shares. The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on September 4, 2025.
Positive
- None.
Negative
- None.
Insights
Routine 10b5-1 sale by senior executive with sizable remaining stake.
Sophia Schwartz, General Counsel and Secretary of Nextdoor Holdings, Inc., sold 28,616 shares of Class A Common Stock in an open-market transaction at $2.2517 per share. The transaction is classified as a sale in the filing.
The filing shows she continues to hold 307,757 shares directly after the sale, indicating that the disposed amount is a minority of her reported holdings. A footnote states the sale was made pursuant to a Rule 10b5-1 trading plan adopted on September 4, 2025, suggesting the timing was pre-arranged rather than opportunistic.
Form 4 data indicate no option exercises or derivative transactions in this report, and no gifts or tax-withholding events. Future company filings may provide additional context on any subsequent transactions under the same Rule 10b5-1 plan.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 28,616 | $2.2517 | $64K |
Footnotes (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.
Key Figures
Key Terms
Rule 10b5-1 regulatory
open-market sale financial
Class A Common Stock financial
Form 4 regulatory
FAQ
What insider transaction did Nextdoor (NXDR) report for Sophia Schwartz?
Was the Nextdoor (NXDR) insider sale made under a Rule 10b5-1 plan?
Does the Form 4 for Nextdoor (NXDR) show any option exercises or derivative trades?
AI-generated analysis. How Rhea-AI works. Not financial advice.