GURLEY J WILLIAM 4
4 · Nextdoor Holdings, Inc. · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
Nextdoor (NXDR) 10% Owner Bill Gurley Converts RSUs to Shares
What Happened
- Bill Gurley, listed as a 10% owner of Nextdoor Holdings (NXDR), reported the conversion/exercise of a derivative award on 2026-06-30. The filing shows 6,536 shares acquired via exercise/conversion of a derivative (coded M) at $0.00 per share, and a corresponding derivative disposition of 6,536 units also at $0.00. No cash changed hands — this reflects RSU conversion/settlement rather than a market purchase or sale.
Key Details
- Transaction date: 2026-06-30; Form filed: 2026-07-02 (reporting period 2026-06-30).
- Shares involved: 6,536 shares reported acquired and 6,536 reported as a derivative disposition; price per share reported $0.00.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes: F1–F3 state these were restricted stock units (RSUs) where each RSU converts to one share upon vesting, vesting in quarterly tranches (including June 30, 2026), and RSUs do not expire.
- Filing timeliness: No late-filing indicator shown in the provided data.
Context
- This filing documents conversion/settlement of RSUs (service‑based restricted awards) rather than an open‑market buy or sale. RSU conversions commonly show $0.00 per share because they vest into shares rather than being purchased.
- As a 10% owner, Gurley’s activity is reported under beneficial ownership rules; such transactions are disclosure events and should not be read as direct market sentiment.
Insider Transaction Report
Form 4
GURLEY J WILLIAM
Director10% Owner
Transactions
- Exercise/Conversion
Class A Common Stock
2026-06-30+6,536→ 188,405 total - Exercise/Conversion
Restricted Stock Units (RSU)
[F1][F2][F3]2026-06-30−6,536→ 13,072 total→ Class A Common Stock (6,536 underlying)
Footnotes (3)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Class A Common Stock, subject only to continued service to the Issuer.
- [F2]The RSU Award will vest as to 1/4 of the shares subject to the award on each of March 31, 2026, June 30, 2026, September 30, 2026 and December 31, 2026, in each case, subject to the reporting person's continued service to the Issuer through each such date
- [F3]These RSUs do not expire; they either vest or are cancelled prior to the vesting date.
Signature
/s/ Sophia Contreras Schwartz, as Attorney-in-Fact for Reporting Person|2026-07-02