BlackRock details 6.5% Nextdoor (NYSE: NXDR) stake in 13G/A
Rhea-AI Filing Summary
BlackRock, Inc. reports beneficial ownership of 15,929,201 shares of Nextdoor Holdings, Inc. Class A Stock, representing 6.5% of the class as of 12/31/2025. BlackRock has sole power to vote 15,655,434 shares and sole power to dispose of 15,929,201 shares, with no shared voting or dispositive power.
The filing states that the shares are held in the ordinary course of business by certain BlackRock business units and are not held for the purpose of changing or influencing control of Nextdoor. Various underlying clients have rights to dividends or sale proceeds, but no single client holds more than five percent of Nextdoor’s outstanding common shares.
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FAQ
How much of Nextdoor Holdings, Inc. (NXDR) does BlackRock own?
BlackRock, Inc. reports beneficial ownership of 15,929,201 shares of Nextdoor Holdings, Inc. Class A Stock, representing 6.5% of the outstanding class as of 12/31/2025.
What dispositive power does BlackRock have over its NXDR position?
BlackRock reports sole power to dispose of 15,929,201 Nextdoor Class A shares and no shared dispositive power.
Is BlackRock’s NXDR stake intended to influence control of Nextdoor?
The filing certifies the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Nextdoor Holdings, Inc.
Who ultimately benefits from BlackRock’s NXDR holdings?
The filing notes that various persons have rights to receive dividends or sale proceeds from the Nextdoor shares, and that no one person’s interest exceeds five percent of Nextdoor’s total outstanding common shares.
Which BlackRock business units are included in this NXDR Schedule 13G/A?
The filing states it reflects securities beneficially owned, or deemed beneficially owned, by certain Reporting Business Units of BlackRock, Inc. and its subsidiaries and affiliates, and excludes units whose ownership is disaggregated under SEC guidance.