Nextdoor Holdings: 10% owner Gurley J William exercised 6,536 shares

What happened

• The filing reports that Gurley J William, a 10% owner, exercised restricted stock units and converted them into 6,536 shares on Sep 30, 2026. The filing shows acquisition of 6,536 shares at $0 for $0 and a concurrent disposition of 6,536 shares at $0 for $0 (transaction code M, derivative).

Key details

• Transaction date and price: Sep 30, 2026; price per share $0; total reported value $0.
• Shares owned after the transaction: not stated in the filing.
• Relevant footnotes from the filing:
  • F1: Each restricted stock unit ("RSU") represents a contingent right to receive one share of the issuer's Class A common stock.
  • F2: The RSU award vests 1/4 on each of Mar 31, 2026, Jun 30, 2026, Sep 30, 2026 and Dec 31, 2026, subject to continued service.
  • F3: These RSUs do not expire; they either vest or are cancelled prior to the vesting date.
• Filing date and timeliness: filed Oct 02, 2026; the filing does not indicate a late filing code.

Why it may matter

• The filing shows an exercise of RSUs with a same-day disposition of the same number of shares (the exercised shares were disposed on the same date).
• The reporting person is identified as a 10% owner, i.e., a large holder rather than an officer title in the filing.
• A filing does not show why the insider traded or why the company acted.