Form 4: Nextdoor CEO Nirav Tolia Reports Stock Transactions
SEC Form 4 Filing
Nextdoor CEO Nirav Tolia reports the acquisition and disposal of Class A Common Stock and Restricted Stock Units (RSUs) on April 15, 2025.
Summary
- On April 15, 2025, Nirav Tolia, CEO and President of Nextdoor Holdings, Inc., reported transactions involving Class A Common Stock and Restricted Stock Units (RSUs).
- Tolia acquired 313,127 Class A Common Stock shares through the vesting of RSUs.
- Simultaneously, Tolia disposed of 123,216 Class A Common Stock shares at a price of $1.47.
- Following these transactions, Tolia directly owns 856,882 shares of Class A Common Stock.
- Additionally, Tolia acquired 45,125 Class A Common Stock shares through the vesting of RSUs.
- Tolia also disposed of 17,757 Class A Common Stock shares at a price of $1.47.
- Following these transactions, Tolia directly owns 884,250 shares of Class A Common Stock.
- Tolia also holds 3,757,515 and 676,880 Restricted Stock Units (RSUs).
Sentiment
Score: 5
Explanation: This is a routine filing of stock transactions by an insider, and doesn't inherently indicate positive or negative sentiment. It reflects standard compensation and portfolio management activities.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, ensuring transparency and compliance with securities regulations.
Stakeholder Impact
- Shareholders are informed about insider transactions, promoting transparency.
Key Dates
| Date | Description |
|---|---|
| 04/15/2025 | Date of earliest transaction: Acquisition and disposal of Class A Common Stock and RSUs. |
| 04/17/2025 | Date of signature for the Form 4 filing. |
Keywords
Nextdoor, Nirav Tolia, Class A Common Stock, Restricted Stock Units, RSU, Form 4, SEC, Insider Trading
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