Nextdoor Holdings' General Counsel and Secretary Sells 42,500 Shares at $2/Share

Nextdoor Holdings, Inc. (NYSE: NXDR) has disclosed that General Counsel and Secretary Sophia Schwartz has sold 42,500 shares at a price of $2 per share on August 19, 2023.

Nextdoor Holdings, Inc. (NYSE: NXDR) has reported that General Counsel and Secretary Sophia Schwartz sold 42,500 shares of Class A Common Stock at a price of $1.9972 per share on August 19, 2025. The transaction was made pursuant to and in accordance with the requirements of Rule 10b5-1 under the Securities Exchange Act of 1934 [2].

The sale, which is part of a pre-arranged plan, has raised questions among investors about the company's current financial health and future prospects. The transaction was filed with the U.S. Securities and Exchange Commission (SEC) as part of the company's ongoing reporting obligations [2].

Nextdoor Holdings, Inc. has been actively participating in investor conferences and reporting its financial results. The company recently announced its participation in two upcoming investor conferences in September 2025, where CEO Nirav Tolia will engage in fireside chats [1]. Additionally, the company reported its second quarter 2025 results, showing a 3% year-over-year increase in revenue and a 1% increase in Platform Weekly Active Users (WAU) [1].

Investors should closely monitor the company's financial performance and any further insider trading activities to assess the potential impact on the stock price. As of the latest available data, the current stock price of Nextdoor Holdings (NXDR) is $1.98, and the market cap is approximately 716.4M [1].

References:
[1] https://www.stocktitan.net/news/NXDR/
[2] https://www.stocktitan.net/sec-filings/NXDR/form-4-nextdoor-holdings-inc-insider-trading-activity-75521a790cf7.html