UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): ~~August~~November 75, 2025

Nextdoor Holdings, Inc.

(Exact Name of Registrant as Specified in its Charter)


Delaware	001-40246	86-1776836
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

420 Taylor Street

San Francisco, California

(Address of principal executive offices)

94102

(Zip Code)

(415) 344-0333

(Registrant’s telephone number, including area code)

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):


☐			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class	Trading Symbol	Name of each exchange on which registered
Class A common stock, par value $0.0001 per share	NXDR	New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 ((§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02 Results of Operations and Financial Condition.

On ~~August~~November 75, 2025, Nextdoor Holdings, Inc. (the “Company”) issued an investor update and press release (together, the “Investor Update and Press Release”) announcing its financial results for the ~~second~~third quarter ended ~~June~~September 30, 2025. The Company also announced that it would be holding a conference call on ~~August~~November 75, 2025 to discuss its financial results. Copies of the Investor Update and Press Release are furnished as Exhibit 99.1 and Exhibit 99.2, respectively, to this Current Report on Form 8-K.

This information included in this Item 2.02 of this Current Report on Form 8-K and the exhibits hereto are being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it been deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

Item 2.05 Costs Associated with Exit or Disposal Activities.

On August 7, 2025, the Company announced a cost reduction plan to accelerate the Company’s focus and efficiency (the “Cost Reduction Plan”).

The Company currently estimates that it will incur one-time charges of approximately $5 million in connection with the Cost Reduction Plan, consisting primarily of cash expenditures for notice period and severance payments, employee benefits, and related costs. In addition, the Company expects to incur approximately $1 million in stock-based compensation expense relating to the acceleration of the vesting of equity awards in connection with the Cost Reduction Plan.

The Company expects that the majority of the charges will be incurred in the third quarter of 2025 and that the execution of the Cost Reduction Plan will be substantially complete by the end of the third quarter of 2025. The Company intends to exclude the charges associated with the Cost Reduction Plan from its non-GAAP financial measures.

Potential position eliminations in each country are subject to local law and consultation requirements, which may extend this process further in certain countries. The charges that the Company expects to incur are subject to a number of assumptions, including local law requirements in various jurisdictions, and actual expenses may differ from the estimates disclosed above. The Company may also incur charges and expenditures not currently contemplated due to unanticipated events that may occur in connection with the Cost Reduction Plan.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

~~On August 4, 2025, Matt Anderson resigned from his position as the Chief Financial Officer and Treasurer of the Company, effective September 1, 2025~~ (~~the “Effective Date”~~c). Mr. Anderson’s resignation is not the result of any disagreement regarding the Company’s operations, policies or practices. The Company is initiating a comprehensive search for a new Chief Financial Officer in partnership with an external search firm. In order to facilitate a smooth transition of his responsibilities and to assist the Company during its search for a new Chief Financial Officer, Mr. Anderson will remain with the Company as an advisor until the earlier of the Company’s employment of a new Chief Financial Officer or December 31, 2025.

~~Effective~~On asOctober of30, ~~the Effective Date~~2025, ~~Mr. Nirav Tolia will serve as~~ the ~~interim~~Board ~~principal~~of ~~financial~~Directors ~~officer~~ of the Company ~~and Ms. Antoinette How,~~ (the ~~Company’s~~“Board”) ~~current Corporate Controller, will be~~ appointed ~~Chief~~Indrajit ~~Accounting~~Ponnambalam ~~Officer and serve~~ as the ~~principal accounting officer of the~~ Company.’s ~~There~~Chief isFinancial noOfficer ~~arrangement or understanding between either of Mr. Tolia or Ms. How~~ and ~~any~~Treasurer, ~~other~~effective ~~persons pursuant to which each of Mr. Tolia and Ms. How was selected~~ as ~~an officer~~ of ~~the~~December ~~Company.~~1, ~~Neither~~2025 ~~Mr. Tolia nor Ms. How is a party to any transaction required to be disclosed pursuant to Item 404~~(a)the of“Effective ~~Regulation S-K~~Date”).

MsMr. ~~How~~Ponnambalam, 49age 52, ~~has~~previously served as ~~our~~ Chief ~~Accounting~~Financial Officer ~~since~~at ~~August~~Premion, ~~2025.~~a ~~Prior~~connected toTV ~~that~~advertising platform serving regional and local advertisers, ~~Ms.~~from ~~How~~October ~~served~~2024 asuntil ~~our~~October ~~Corporate~~2025, ~~Controller~~and ~~since~~was ~~January~~a ~~2019.~~consultant ~~Prior~~at toPieces ~~joining~~Technologies, ~~the~~a ~~Company~~healthcare AI research and development firm, ~~she~~from April 2024 until November 2024. He was ~~Vice~~a ~~President~~Strategic ofFinancial ~~Finance~~Advisor atfor ~~Udemy,~~Fanatics ~~Inc.~~Collectibles, a global ~~online~~digital ~~learning~~sports platform, from ~~March~~July ~~2018~~2022 tountil ~~December~~August ~~2018,~~2023. ~~and~~From ~~previously~~May ~~held~~2021 auntil ~~number~~February of2022, ~~roles~~he ofwas ~~increasing~~the ~~responsibility,~~Chief ~~most~~Administrative ~~recently~~Officer ~~Vice~~and ~~President~~SVP, of Finance, atof ~~OpenTable~~Match ~~Inc.~~Group, an ~~online~~internet ~~restaurant~~and ~~reservation~~technology ~~service~~ company, ~~from~~and ~~2008~~served toas ~~2017.~~its ~~Ms.~~Senior ~~How~~Vice ~~earned~~President aof ~~B.S.~~Finance infrom ~~Accounting~~January ~~from~~2017 ~~Fordham~~until ~~University~~April 2021. ~~For~~Mr. ~~information~~Ponnambalam ~~with~~earned ~~respect~~a ~~to Mr~~B.S. ~~Tolia’s~~in ~~background~~Finance and ~~qualifications,~~Accounting ~~see~~from the ~~section~~McDonough ~~titled~~School ~~“Proposal~~of ~~No.~~Business 1:at ~~Election~~Georgetown ofUniversity ~~Directors”~~and inan ~~our~~M.B.A. ~~Definitive~~from ~~Proxy~~the ~~Statement~~Kenan-Flagler ~~filed~~Business ~~with~~School at the ~~Securities~~University ~~and~~of ~~Exchange~~North ~~Commission~~Carolina ~~(“SEC”)~~at onChapel ~~April 21, 2025~~Hill.

~~The~~There ~~Company~~is ~~plans~~no toarrangement ~~enter~~or ~~into~~understanding ~~its~~between ~~standard~~Mr. ~~form~~Ponnambalam ofand ~~indemnification~~any ~~agreement~~other ~~with~~persons, ~~Ms.~~pursuant ~~How~~to which Mr. ~~The~~Ponnambalam ~~form~~was ofselected ~~the~~as ~~indemnification~~an ~~agreement~~officer, ~~was~~no ~~previously~~family ~~filed~~relationships byamong any of the Company’s asdirectors ~~Exhibit~~or 10executive officers and Mr.6 toPonnambalam, ~~the~~and ~~Company’s~~Mr. ~~Current~~Ponnambalam ~~Report~~does onnot ~~Form~~have ~~8-K~~any ~~filed~~direct ~~with~~or ~~the~~indirect ~~SEC~~material oninterest ~~November~~in ~~12,~~any ~~2021~~transaction ~~and~~required isto ~~incorporated~~be bydisclosed ~~reference~~pursuant ~~herein~~to Item 404(a) of Regulation S-K.

In connection with ~~the~~his ~~foregoing~~appointment as Chief Financial Officer, ~~the~~Mr. ~~Company~~Ponnambalam ~~intends~~and tothe ~~enter~~Company entered into an ~~advisor~~Offer ~~agreement~~Letter dated October 31, 2025 (the “~~Advisor~~Offer ~~Agreement~~Letter”) ~~with Mr~~. ~~Anderson.~~Pursuant Asto ~~consideration~~the ~~for~~Offer ~~entering~~Letter, ~~into~~commencing on the ~~Advisor~~Effective ~~Agreement~~Date, ~~the~~Mr. ~~Company~~Ponnambalam will ~~extend~~receive ~~the~~an ~~time~~initial ~~period~~annual ~~following~~base ~~the~~salary ~~Effective~~of ~~Date~~$550,000 ~~during~~and ~~which~~will ~~Mr.~~be ~~Anderson~~eligible ~~may~~to ~~exercise~~participate ~~any~~in ~~outstanding,~~Company-sponsored ~~vested~~benefits ~~shares~~to ~~underlying~~the ~~his~~extent ~~outstanding~~he ~~option~~is ~~grants~~eligible pursuant to the ~~earlier~~terms of ~~(a)~~the ~~June~~Company’s 30benefit plans. In addition, ~~2026~~Mr. orPonnambalam ~~(b)~~will ~~immediately~~be ~~prior~~granted toa ~~the~~restricted ~~close~~stock ofunit anaward ~~Acquisition~~covering ~~(as~~approximately ~~defined~~$3.2 inmillion of the Company’s ~~2018~~Class ~~Equity~~A ~~Incentive~~common ~~Plan)~~stock or(the a“RSUs”), ~~Corporate~~which ~~Transaction~~will ~~(as~~vest ~~defined~~quarterly inover ~~the~~a ~~Company’s~~four ~~2021~~year ~~Equity Incentive Plan)~~period. The ~~foregoing~~vesting ~~description~~ of the ~~Advisor~~RSUs ~~Agreement~~is ~~does~~subject ~~not purport~~ to beMr. ~~complete~~Ponnambalam’s ~~and~~continuous isemployment ~~qualified~~with inthe ~~its~~Company ~~entirety~~as byChief ~~reference~~Financial toOfficer ~~the~~and ~~full~~other ~~text~~customary ofprovisions ~~the~~to ~~Advisor~~be ~~Agreement,~~set ~~which~~forth ~~will~~in bean ~~filed~~award asagreement anpursuant ~~exhibit~~ to the Company’s ~~Quarterly~~2021 ~~Report~~Equity onIncentive ~~Form~~Plan ~~10-Q for~~ (the ~~quarter ending September 30, 2025~~“Plan”).

Mr. Ponnambalam will also be granted a performance stock unit award covering $3 million of the Company’s Class A common stock (the “PSUs,” and together with the RSUs, the “Equity Awards”). The PSUs will be subject to performance-based vesting pursuant to terms to be set by the compensation

committee of the Board, consistent with the terms applicable to other members of the Company’s executive team and to be set forth in an award agreement pursuant to the Plan. The number of shares subject to the Equity Awards will be determined by dividing the aggregate value of each award by the average of the closing sale price of the Company’s Class A common stock in the calendar month immediately preceding the first of the month in which the Effective Date occurs and the calendar month in which the Effective Date occurs. The Equity Awards will be granted pursuant to and in accordance with the terms and conditions of the Plan, which was previously filed with the U.S. Securities and Exchange Commission (the “SEC”).

Mr. Ponnambalam has also entered into the Company’s standard form of Indemnity Agreement and Change in Control and Severance Agreement. The forms of the Indemnity Agreement and Change in Control and Severance Agreement were previously filed by the Company as Exhibits 10.6 and 10.11, respectively, to the Company’s Current Report on Form 8-K filed with the SEC on November 12, 2021, and are incorporated by reference herein.

The foregoing description of the Offer Letter is qualified in its entirety by reference to the full text of the Offer Letter, which will be filed as an exhibit to the Company’s Annual Report on Form 10-K for the year ending December 31, 2025.

(e)

The information set forth above under 5.02(c) is hereby incorporated by reference into this Item 5.02(e).

Item 7.01 Regulation FD Disclosure.

On November 5, 2025, the Company issued a press release announcing the appointment of Mr. Ponnambalam as Chief Financial Officer and Treasurer. A copy of the press release is attached as Exhibit 99.3 to this Current Report on Form 8-K.

The information in this Item 7.01, including Exhibit 99.3, is furnished and shall not be deemed “filed” for purposes of Section 18 of the Exchange Act, or otherwise subject to liabilities under that section, and shall not be deemed to be incorporated by reference into the filings of the registrant under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

Exhibit Number			Description
99.1			Q2Q3 2025 Investor Update.
99.2			Press Release issued by Nextdoor Holdings, Inc., dated ~~August~~November 75, 2025.
99.3			Press Release issued by Nextdoor Holdings, Inc., dated November 5, 2025.
104			Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	NEXTDOOR HOLDINGS, INC.
Date: August 7, 2025	By:	/s/ Matt Anderson
Date: November 5, 2025	By:	/s/ Nirav Tolia
		Matt Anderson
		Nirav Tolia
		Chief Financial Officer
		Chief Executive Officer

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