Shah Niraj 4

What Happened

• Director Shah Niraj received a grant of 26,143 restricted stock units (RSUs) for Nextdoor Holdings, Inc. (NXDR) on March 16, 2026. The award was recorded at $0.00 per unit (an RSU grant, not a market purchase), so there was no cash outlay by the insider at grant.

Key Details

• Transaction date: 2026-03-16; Form 4 filed: 2026-03-18 (timely filing).
• Grant type/code: A (award/grant) — 26,143 RSUs @ $0.00 (derivative).
• Vesting schedule (footnote): 1/4 of the RSUs vest on each of March 31, 2026; June 30, 2026; September 30, 2026; and December 31, 2026, subject to continued service.
• RSUs do not expire; they either vest or are cancelled prior to the vesting date.
• Shares owned after transaction: not specified in the provided filing.

Context

• RSUs are a form of compensation that convert to actual shares only when they vest; this award does not represent an immediate market purchase or sale. Because vesting is contingent on continued service, the grant is primarily a retention/compensation event rather than a direct signal of buying or selling activity.