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NXDR Form 4: RSUs vested, shares withheld at $2.09 for taxes

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

Rhea-AI Filing Summary

Nextdoor Holdings (NXDR) reported insider activity by its Chief Revenue Officer on 10/15/2025. Multiple RSU tranches vested (code M) converting into Class A shares, and shares were withheld to cover taxes (code F) at $2.09 per share. Following these transactions, the officer directly owns 450,094 Class A shares.

The RSU activity included conversions tied to quarterly vesting schedules. As context, RSUs vest on January 15, April 15, July 15, and October 15 under specified grant terms, with remaining RSU balances shown in the derivative table.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED 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).
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*
Kiernan Michael

(Last) (First) (Middle)
C/O NEXTDOOR HOLDINGS, INC.
420 TAYLOR STREET

(Street)
SAN FRANCISCO, CA CA 94102

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Nextdoor Holdings, Inc. [ NXDR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Revenue Officer
3. Date of Earliest Transaction (Month/Day/Year)
10/15/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Class A Common Stock 10/15/2025 M 7,882 A $0 407,062 D
Class A Common Stock 10/15/2025 F 3,413 D $2.09 403,649 D
Class A Common Stock 10/15/2025 M 16,915 A $0 420,564 D
Class A Common Stock 10/15/2025 F 7,324 D $2.09 413,240 D
Class A Common Stock 10/15/2025 M 65,000 A $0 478,240 D
Class A Common Stock 10/15/2025 F 28,146 D $2.09 450,094 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (RSU) (1) 10/15/2025 M 7,882 (2) (3) Class A Common Stock 7,882 $0 15,764 D
Restricted Stock Units (RSU) (1) 10/15/2025 M 16,915 (4) (3) Class A Common Stock 16,915 $0 33,830 D
Restricted Stock Units (RSU) (1) 10/15/2025 M 65,000 (5) (3) Class A Common Stock 65,000 $0 325,000 D
Explanation of Responses:
1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
2. The RSU award vests on January 15, April 15, July 15 and October 15 of each calendar year, with 1/6 of the total number of shares vesting on July 15, 2024; thereafter, (a) for the next three vesting events following July 15, 2024, an additional 1/6 of the total number of shares will vest, and (b) for the remaining four vesting events, an additional 1/12 of the total number of shares will vest, subject to the reporting person's continued service to the Issuer on each vesting date.
3. These RSUs do not expire; they either vest or are cancelled prior to the vesting date.
4. The RSU award vests in six equal quarterly installments on January 15, April 15, July 15 and October 15 of each calendar year, with the first such vesting event on January 15, 2025, subject to the reporting person's continued service to the Issuer on each vesting date.
5. The RSU award vests in eight equal quarterly installments on January 15, April 15, July 15 and October 15 of each calendar year, with the first such vesting event on April 15, 2025, subject to the reporting person's continued service to the Issuer on each vesting date.
Remarks:
/s/ Sophia Contreras Schwartz, as Attorney-in-Fact for Reporting Person 10/17/2025
** Signature of Reporting Person Date
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.

FAQ

What did NXDR disclose in this Form 4?

The Chief Revenue Officer reported RSU vesting (code M) and tax share withholdings (code F) on 10/15/2025 at a price of $2.09 for withholdings.

How many NXDR shares does the officer own after the transactions?

Following the reported transactions, the officer directly owns 450,094 Class A shares.

What were the RSU share amounts involved on 10/15/2025?

RSU conversions were reported in amounts of 7,882, 16,915, and 65,000 shares.

How many shares were withheld for taxes and at what price?

Tax withholdings were 3,413, 7,324, and 28,146 shares at $2.09 per share.

What is the vesting cadence for the RSUs?

RSUs vest quarterly on January 15, April 15, July 15, and October 15 per each grant’s schedule, subject to continued service.

What do Form 4 transaction codes M and F mean?

M indicates conversion of derivative securities (RSUs) to stock; F indicates shares withheld to cover taxes incident to vesting.
Nextdoor Holdings Inc

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