EVAN DANA L 4

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.