Nextdoor Holdings, Inc. 8-K

What Happened

• Nextdoor Holdings, Inc. (NXDR) announced its financial results for the quarter ended March 31, 2026 in an investor update and press release dated May 6, 2026, and held a conference call that day to discuss the results. The investor update and press release were furnished as Exhibits 99.1 and 99.2 to the Form 8‑K. The Form 8‑K was signed by Indrajit Ponnambalam, Chief Financial Officer and Treasurer, on May 6, 2026.
• On the same day the company’s board approved a share repurchase program authorizing up to $100.0 million in aggregate repurchases of Class A common stock, with the authorization set to expire on June 30, 2028 (or sooner if the $100.0 million is fully repurchased).

Key Details

• Filing date: May 6, 2026 (Form 8‑K, Items 2.02 and 8.01).
• Quarter covered: Quarter ended March 31, 2026 (Q1 2026).
• Share repurchase program: up to $100.0 million in Class A common stock; authorization expires June 30, 2028 (or earlier if amount repurchased).
• Repurchase mechanics: purchases may be made on the open market, in private transactions or other methods, in the company’s discretion and in accordance with Rule 10b‑18 and applicable laws; program does not obligate any purchases and may be modified or suspended.

Why It Matters

• The company publicly reported its quarterly results and provided materials and a call for investors to assess revenue, profitability and guidance (see the investor update/press release for details).
• The $100M repurchase program is a capital‑allocation move that can reduce share count over time and potentially support the stock price, but purchases are discretionary and timing/amounts are not guaranteed.
• Retail investors should review the Q1 press release and the conference call transcript for the actual financial metrics and guidance, and monitor future filings for repurchase activity or changes to the program.