EVAN DANA L 4
4 · Nextdoor Holdings, Inc. · Filed Jun 10, 2026
Research Summary
AI-generated summary of this filing
Nextdoor Director Evan Dana L Converts 106,707 RSUs to Shares
What Happened
Evan Dana L, a director of Nextdoor Holdings, reported the conversion/exercise of 106,707 derivative awards (RSUs) on June 8, 2026. The filing shows 106,707 shares acquired at $0.00 and a simultaneous disposition of 106,707 shares at $0.00. The transactions reflect conversion/settlement of RSUs rather than a market purchase or sale for cash.
Key Details
- Transaction date: 2026-06-08; Form filed: 2026-06-10 (timely filing).
- Transaction code: M (exercise or conversion of a derivative).
- Shares involved: 106,707 acquired @ $0.00 and 106,707 disposed @ $0.00.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Relevant footnotes:
- F1: Each RSU equals a contingent right to one Class A share.
- F2: The full RSU award vested on or before the earlier of the 2026 annual meeting or June 10, 2026, subject to continued service.
- F3: These RSUs do not expire; they either vest or are cancelled prior to vesting.
- The filing does not specify the nature of the $0.00 disposition (e.g., net settlement or tax withholding) or any cash proceeds.
Context
This event is a conversion/settlement of restricted stock units — a common, non-market transaction that reflects vesting rather than an opportunistic buy/sell. Because there is no cash purchase or sale reported, it should not be interpreted as a buy or sell signal from the director.
Insider Transaction Report
- Exercise/Conversion
Class A Common Stock
2026-06-08+106,707→ 152,740 total - Exercise/Conversion
Restricted Stock Units (RSU)
[F1][F2][F3]2026-06-08−106,707→ 0 total→ Class A Common Stock (106,707 underlying)
Footnotes (3)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- [F2]The entire RSU award vested or vests on the earlier of the (a) date of the 2026 annual meeting of the Issuer's stockholders or (b) June 10, 2026, in each case subject to the reporting person's continued service to Issuer through the applicable vesting date.
- [F3]These RSUs do not expire; they either vest or are cancelled prior to the vesting date.