Steele Elisa 4

What Happened
Elisa Steele, a director of Nextdoor Holdings, received an award of 26,143 restricted stock units (RSUs) on 2026-03-16. The grant is recorded at $0.00 (no cash exchanged) and is a derivative award that can convert to shares of Class A common stock upon vesting. The Form 4 reporting the grant was filed on 2026-03-18.

Key Details

• Transaction date: 2026-03-16; Transaction type/code: Award/Grant (A); Price reported: $0.00.
• Award size: 26,143 RSUs (each RSU = contingent right to one share of Class A common stock).
• Vesting: 1/4 of the award vests on each of Mar 31, 2026; Jun 30, 2026; Sep 30, 2026; and Dec 31, 2026, subject to continued service.
• RSU expiry: RSUs do not expire; they either vest or are cancelled prior to vesting.
• Shares owned after transaction: Not disclosed on the Form 4.
• Filing timeliness: Form 4 filed on 2026-03-18 (reported transaction date 2026-03-16), which is within the typical two-business-day reporting window.

Context
RSUs are a form of compensation that convert into actual shares only when they vest; there was no open-market purchase or sale here. The economic value to the insider depends on Nextdoor’s share price at each vest date, and tax withholding is typically handled at vesting (common practice). Grants to directors for service are routine corporate compensation and do not by themselves indicate immediate buying or selling activity in the market.