Nextdoor Insider Sophia Schwartz Sells Shares Under 10b5-1 Plan
What happened
Sophia Schwartz sold 48,120 shares of Nextdoor Holdings, Inc. stock on October 16, 2026, for a total transaction value of $120,781.20. The sale, which was disclosed in an SEC filing, occurred at an average price of $2.51. This transaction represented an 11.78% decrease in her ownership position, which was executed under a pre-arranged Rule 10b5-1 trading plan.
From dailypolitical.com
Why it matters
The sale occurred while Nextdoor Holdings, Inc. reported revenue of $74.55 million, exceeding the consensus estimate. However, the company reported a negative net margin of 11.08% and a negative return on equity of 6.16%.
From dailypolitical.com
Who's involved
- Sophia SchwartzInsider who sold 48,120 shares of Nextdoor stock.
- NextdoorCompany whose stock was sold by the insider.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- NextdoorSpeculative
Nextdoor might see its stock price affected by the disclosure of the insider sale.