Hohman Robert 4

What Happened

• Robert Hohman, a director of Nextdoor Holdings, had 6,535 restricted stock units (RSUs) convert into 6,535 shares of Class A common stock on March 31, 2026. The Form 4 reports an acquisition of 6,535 shares at $0.00 and a corresponding disposition of a derivative instrument for 6,535 units at $0.00 — consistent with RSUs settling into issued shares. This is a vesting/settlement event (not an open‑market purchase or sale).

Key Details

• Transaction date: 2026-03-31. Report filed: 2026-04-02 (appears timely under Form 4 rules).
• Reported amounts/prices: Acquired 6,535 shares @ $0.00; Disposed (derivative) 6,535 @ $0.00. Transaction code: M (conversion/exercise of derivative security).
• Shares owned after transaction: Not specified in this filing.
• Relevant footnotes:
  • F1: Each RSU converts to one share subject to continued service.
  • F2: The award vests in four installments (1/4 on Mar 31, Jun 30, Sep 30, Dec 31, 2026) subject to continued service.
  • F3: These RSUs do not expire; they vest or are cancelled before vesting.

Context

• This filing reflects compensation vesting (RSU settlement) rather than a purchase or sale on the open market. The $0.00 price indicates no cash payment by the insider; the derivative disposal entry represents the RSU being settled/terminated when the shares issued. Such events are routine for equity‑based compensation and do not by themselves indicate a buy or sell signal.