Form 4: Nextdoor Executive Sophia Schwartz Reports Stock Transactions

Sophia Schwartz, General Counsel and Secretary of Nextdoor Holdings, Inc., reports the vesting and subsequent sale of Class A Common Stock and Restricted Stock Units (RSUs) on January 15, 2025.

Summary

• On January 15, 2025, Sophia Schwartz, the General Counsel and Secretary of Nextdoor Holdings, Inc., engaged in transactions involving Class A Common Stock and Restricted Stock Units (RSUs).
• She acquired 19,707 shares of Class A Common Stock through the vesting of RSUs and simultaneously disposed of 8,037 shares to cover tax obligations at a price of $2.44 per share.
• Additionally, she acquired 79,365 shares of Class A Common Stock through the vesting of RSUs and disposed of 29,930 shares to cover tax obligations at a price of $2.44 per share.
• Following these transactions, Schwartz directly owns 275,512 shares of Class A Common Stock and 98,534 Restricted Stock Units.

Sentiment

Score: 5

Explanation: This is a neutral report of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is a common occurrence in publicly traded companies. It provides transparency into the trading activities of key personnel.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they represent routine stock activity by an executive.

Key Dates