GURLEY J WILLIAM 4
4 · Nextdoor Holdings, Inc. · Filed Jun 11, 2026
Research Summary
AI-generated summary of this filing
Nextdoor (NXDR) 10% Owner Bill Gurley Exercises Derivatives, Receives RSUs
What Happened
Bill Gurley (reported as a 10% owner) executed derivative activity and received an RSU award for Nextdoor Holdings (NXDR) on 2026-06-09. The filing shows: conversion/exercise of 106,707 derivative units (acquired at $0.00) and a corresponding disposition of 106,707 derivative units (reported at $0.00), plus receipt of a grant/award for 85,365 restricted stock units (RSUs) at $0.00. No cash changed hands according to the reported prices — these entries reflect conversion/award/vesting activity rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-09; Form 4 filed 2026-06-11 (appears timely).
- Reported items: 106,707 shares from exercise/conversion (M) at $0.00; 106,707 derivative disposition (M) at $0.00; 85,365 RSUs granted/awarded (A) at $0.00.
- Footnotes:
- F1: Each RSU = contingent right to one share of Class A common stock.
- F2/F3: The first RSU award vests on the earlier of the 2026 annual meeting or June 10, 2026 (subject to continued service); these RSUs do not expire.
- F4: Another RSU award will vest on the earlier of the 2027 annual meeting or June 9, 2027 (subject to continued service).
- Shares owned after the transaction: not specified in the provided excerpt of the filing.
- Filing timeliness: Transaction date 6/9/2026, filing date 6/11/2026 — within the typical two-business-day Form 4 window.
Context
- These entries represent derivative conversion and equity awards/vesting (RSUs), which are routine forms of insider compensation/settlement. The $0.00 prices indicate conversion/award terms rather than a market purchase or sale. As a reported 10% owner, Gurley’s activity is material to disclose but does not, by itself, indicate intent to buy or sell shares on the open market.
Insider Transaction Report
Form 4
GURLEY J WILLIAM
Director10% Owner
Transactions
- Exercise/Conversion
Class A Common Stock
2026-06-09+106,707→ 181,869 total - Exercise/Conversion
Restricted Stock Units (RSU)
[F1][F2][F3]2026-06-09−106,707→ 0 total→ Class A Common Stock (106,707 underlying) - Award
Restricted Stock Units (RSU)
[F1][F4][F3]2026-06-09+85,365→ 85,365 total→ Class A Common Stock (85,365 underlying)
Footnotes (4)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- [F2]The entire RSU award vested or vests on the earlier of the (a) date of the 2026 annual meeting of the Issuer's stockholders or (b) June 10, 2026, in each case subject to the reporting person's continued service to Issuer through the applicable vesting date.
- [F3]These RSUs do not expire; they either vest or are cancelled prior to the vesting date.
- [F4]The RSU award will vest on the earlier of (a) the date of the 2027 annual meeting of the Issuer's stockholders and (b) June 9, 2027, in each case, subject to the reporting person's continued service to the Issuer through the applicable vesting date.
Signature
/s/ Sophia Contreras Schwartz, as Attorney-in-Fact for Reporting Person|2026-06-11