Form 4: Nextdoor Chief Accounting Officer Reports Stock Transactions
Insider Transaction Report
Nextdoor Holdings' Chief Accounting Officer, Antoinette How, reported routine stock transactions including RSU vesting and a planned sale.
Summary
- Antoinette How, Chief Accounting Officer of Nextdoor Holdings, Inc. (NXDR), reported multiple transactions involving Class A Common Stock.
- On January 15, 2026, 33,853 shares were acquired through the vesting of Restricted Stock Units (RSUs) at an exercise price of $0.
- Concurrently on January 15, 2026, 14,340 shares were disposed of at $1.96 per share to cover tax withholding obligations related to the RSU vesting.
- On January 16, 2026, 13,935 shares were sold at an average price of $1.9465 per share, executed under a Rule 10b5-1 trading plan adopted on June 2, 2025.
- Following these transactions, Antoinette How's direct beneficial ownership of Class A Common Stock stands at 18,270 shares.
Sentiment
Score: 5
Explanation: The filing reports routine insider transactions involving RSU vesting, tax withholding, and a pre-planned sale. While a sale reduces insider ownership, the 10b5-1 plan mitigates any negative signal, making the overall sentiment neutral.
Positives
- Vesting of 33,853 Restricted Stock Units (RSUs) on January 15, 2026, at a $0 exercise price, increasing the officer's direct equity stake.
- The sale of 13,935 shares was conducted under a pre-arranged Rule 10b5-1 plan, indicating a planned transaction rather than a reaction to immediate market conditions.
Negatives
- Disposition of 14,340 shares on January 15, 2026, at $1.96 per share for tax withholding purposes, reducing the net shares received from vesting.
- Sale of 13,935 shares on January 16, 2026, at an average price of $1.9465 per share, reducing the officer's direct beneficial ownership.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Shareholders: Minor dilution from RSU vesting and a slight increase in shares available on the market from the sale. The sale by a Chief Accounting Officer, even under a 10b5-1 plan, is a common practice for compensation and liquidity and is generally not considered a strong signal of lack of confidence.
- Employees: The vesting of RSUs is a standard component of executive compensation, aligning interests with company performance.
Next Steps
- Continued quarterly vesting of remaining Restricted Stock Units (RSUs) as per the various schedules outlined in the footnotes, subject to continued service to the Issuer.
Key Dates
| Date | Description |
|---|---|
| June 2, 2025 | Reporting person adopted a Rule 10b5-1 plan for future stock sales. |
| July 15, 2024 | First vesting event for one RSU award (1/6th of total shares). |
| October 15, 2024 | Quarterly vesting event for one RSU award (1/6th of total shares). |
| January 15, 2025 | Quarterly vesting event for one RSU award (1/6th of total shares). |
| April 15, 2025 | Quarterly vesting event for one RSU award (1/6th of total shares). |
| July 15, 2025 | First vesting event for multiple RSU awards (1/12th for one, equal quarterly for others). |
| October 15, 2025 | First vesting event for one RSU award (equal quarterly). |
| January 15, 2026 | Multiple RSU vesting events and tax-related dispositions occurred. |
| January 16, 2026 | Sale of shares under a 10b5-1 plan. |
| January 20, 2026 | Date of filing signature. |
| April 15, 2026 | Final quarterly vesting event for one RSU award (1/12th of total shares). |
Keywords
Nextdoor Holdings, NXDR, Antoinette How, Chief Accounting Officer, Insider Trading, Form 4, SEC Filing, Restricted Stock Units, RSU Vesting, Stock Sale, 10b5-1 Plan
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