Hohman Robert 4

What Happened

• Robert Hohman, a director of Nextdoor Holdings, reported the conversion/vesting of 106,707 restricted stock units (RSUs) into 106,707 shares on June 8, 2026. The reported acquisition price is $0.00, indicating the shares were issued on vesting rather than bought. No open-market sale of the newly issued shares is reported in this filing.

Key Details

• Transaction date: 2026-06-08 (reported on Form 4 filed 2026-06-10).
• Transaction code: M (exercise or conversion of a derivative) — recorded as 106,707 shares acquired at $0.00 and 106,707 derivative units disposed (conversion of the RSUs).
• Shares owned after transaction: Not specified in the Form 4 filing.
• Footnotes: F1—each RSU equals a contingent right to one Class A share; F2—the award vested or vests by the earlier of the 2026 annual meeting or June 10, 2026, subject to continued service; F3—these RSUs do not expire and either vest or are cancelled before vesting.
• Timeliness: Filing appears timely (transaction 6/8/2026; Form 4 filed 6/10/2026).

Context

• This was a vesting/conversion of RSUs into common shares, not an open-market purchase or sale. The derivative (RSU) was converted into shares (hence the simultaneous "acquired" and "disposed" derivative entries). Such vesting events are routine compensation-related transactions and do not by themselves indicate the insider is buying or selling stock for investment reasons.