Pressman Jason 4
4 · Nextdoor Holdings, Inc. · Filed Mar 18, 2026
Research Summary
AI-generated summary of this filing
Nextdoor (NXDR) Director Jason Pressman Receives RSU Award
What Happened
Jason Pressman, a director of Nextdoor Holdings, received a grant of 26,143 restricted stock units (RSUs) on 2026-03-16. The award was reported as a derivative acquisition (Form 4 code A) with an acquisition price of $0. RSUs represent a contingent right to receive one share of Class A common stock per unit, subject to vesting and continued service.
Key Details
- Transaction date and type: 2026-03-16 — Grant/Award of 26,143 RSUs (derivative), $0 acquisition price.
- Filing date: Form 4 filed 2026-03-18 (filed two days after the transaction; appears timely).
- Shares owned after transaction: Not specified in this Form 4.
- Vesting schedule (footnotes): 1/4 of the award vests on each of March 31, 2026; June 30, 2026; September 30, 2026; and December 31, 2026, conditional on continued service.
- Additional note: The RSUs do not expire — they either vest or are cancelled prior to vesting.
Context
RSU grants are a form of compensation, not an open‑market purchase or sale. They carry no immediate cash cost to the insider (acquisition price $0) and do not indicate an immediate sale of shares. For investors, awards like this are routine compensation for directors and should be interpreted differently than outright purchases or sales; the economic exposure depends on future vesting and the company's stock price at settlement.
Insider Transaction Report
- Award
Restricted Stock Units (RSU)
[F1][F2][F3]2026-03-16+26,143→ 26,143 total→ Class A Common Stock (26,143 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.