STOCK TITAN

Nextdoor (NXDR) General Counsel sells 28,616 shares under Rule 10b5-1 plan

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

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

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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 Schwartz Sophia
Role General Counsel and Secretary
Sold 28,616 shs ($64K)
Type Security Shares Price Value
Sale Class A Common Stock 28,616 $2.2517 $64K
Holdings After Transaction: Class A Common Stock — 307,757 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares sold 28,616 shares Open-market sale of Class A Common Stock on June 22, 2026
Sale price per share $2.2517 per share Average price for the 28,616-share sale
Shares held after transaction 307,757 shares Direct holdings following the reported sale
Net shares sold in period 28,616 shares Transaction summary net-sell direction
Transaction code Code S Sale in open market or private transaction
Trading plan adoption date September 4, 2025 Date Rule 10b5-1 plan was adopted
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.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Class A Common Stock financial
""security_title": "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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
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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)
General Counsel and Secretary
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/22/2026
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 Stock06/22/2026S28,616(1)D$2.2517307,757D
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.
Remarks:
/s/ Noah Johnson, as Attorney-in-Fact for Reporting Person06/24/2026
** 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)

FAQ

What insider transaction did Nextdoor (NXDR) report for Sophia Schwartz?

Nextdoor reported that General Counsel and Secretary Sophia Schwartz sold 28,616 shares of Class A Common Stock. The shares were sold in an open-market transaction at an average price of $2.2517 per share, as disclosed in the Form 4 insider filing.

At what price did Sophia Schwartz sell Nextdoor (NXDR) shares?

Sophia Schwartz sold her Nextdoor Class A Common Stock at an average price of $2.2517 per share. This price comes directly from the reported open-market sale transaction dated June 22, 2026, in the Form 4 filing for Nextdoor Holdings, Inc.

How many Nextdoor (NXDR) shares does Sophia Schwartz hold after the sale?

After the reported sale, Sophia Schwartz directly holds 307,757 shares of Nextdoor Class A Common Stock. This post-transaction holding figure is explicitly stated in the Form 4 and reflects her remaining direct ownership position following the 28,616-share sale.

Was the Nextdoor (NXDR) insider sale made under a Rule 10b5-1 plan?

Yes. A footnote explains that the sale was made pursuant to Rule 10b5-1 under the Securities Exchange Act, under a trading plan adopted by Sophia Schwartz on September 4, 2025. Such plans generally indicate pre-arranged, systematic trading rather than ad hoc timing.

Does the Form 4 for Nextdoor (NXDR) show any option exercises or derivative trades?

No option exercises or derivative transactions are reported in this Form 4. The transaction summary shows one non-derivative open-market sale of 28,616 shares, with zero derivative exercises, derivative trades, gifts, tax-withholding events, or restructuring-related movements disclosed.

What is the overall net share impact of this Nextdoor (NXDR) insider transaction?

The Form 4 shows a net-sell direction of 28,616 shares for the reporting period. Transaction data indicate one open-market sale of that amount, reducing Sophia Schwartz’s direct holdings to 307,757 shares after the transaction, with no offsetting purchases or exercises reported.