Nextdoor CEO acquires 468,773 shares as awards vest
The three RSU awards vest in equal quarterly installments over four years, subject to continued service on each vesting date.
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Rhea-AI Filing Summary
Nirav N. Tolia, Nextdoor Holdings, Inc.'s CEO and President, a director, and a ten percent owner, reported that 468,773 Class A shares were acquired as three RSU awards vested on October 15, 2026. The transactions also included 184,465 shares delivered or withheld for payment of exercise price or tax liability, reported at $2.60 per share.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units (RSU) F1, F2, F3 | 313,126 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units (RSU) F1, F4, F3 | 45,126 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units (RSU) F1, F5, F3 | 110,521 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 313,126 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 123,216 | $2.60 | $320K |
| Exercise | Class A Common Stock | 45,126 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 17,758 | $2.60 | $46K |
| Exercise | Class A Common Stock | 110,521 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 43,491 | $2.60 | $113K |
Footnotes (5)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- F2. The RSU award vests in equal quarterly installments over four years on January 15, April 15, July 15 and October 15 of each calendar year, with the first such vesting event on July 15, 2024, subject to the reporting person's continued service to the Issuer on each vesting date.
- F3. These RSUs do not expire; they either vest or are cancelled prior to the vesting date.
- F4. The RSU award vests in equal quarterly installments over four years 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.
- F5. The RSU award vests in equal quarterly installments over four years on January 15, April 15, July 15 and October 15 of each calendar year, with the first such vesting event on April 15, 2026, subject to the reporting person's continued service to the Issuer on each vesting date.
Key Figures
Key Terms
Restricted Stock Units (RSU) financial
contingent right financial
equal quarterly installments financial
FAQ
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What are the vesting terms for Nirav N. Tolia's Nextdoor RSUs?
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