---
schema_version: "secwatch.filing_event.v1"
accession: "0001846069-24-000041"
form_type: "8-K"
ticker: "NXDR"
cik: "0001846069"
company_name: "Nextdoor Holdings, Inc."
filed_at: "2024-02-23T23:59:59+00:00"
generated_at: "2026-06-05T17:28:22.401971+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Nextdoor leadership transition: co-founder Nirav Tolia to return as CEO; preliminary Q4 revenue $56M above guidance

## Summary
- Nirav Tolia, co-founder, to become CEO, President and Chair; Sarah Friar steps down with orderly transition in Q2 2024.
- Preliminary Q4 revenue $56M, above guidance of $50-52M; WAU 41.8M (+5% YoY).
- Board approved $150M increase to share repurchase authorization (total $250M); ~$77M executed to date.
- Cash, equivalents and marketable securities $531M as of Dec 31, 2023.

## SEC filing metadata
- accession: 0001846069-24-000041
- form_type: 8-K
- ticker: NXDR
- cik: 0001846069
- company_name: Nextdoor Holdings, Inc.
- filed_at: 2024-02-23T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1846069/000184606924000041/0001846069-24-000041-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1846069/000184606924000041/kind-20240223.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001846069-24-000041
- JSON: https://secwatch.observer/filing/0001846069-24-000041.json
- Plain text: https://secwatch.observer/filing/0001846069-24-000041.txt

## Key facts
- Earnings Releases
  Nextdoor Holdings, Inc. reported the fourth quarter ended December 31, 2023 results: revenue $56 million.
  - Period: the fourth quarter ended December 31, 2023
  - Revenue: $56 million
  - Result: preliminary results
  source text: preliminary unaudited fourth quarter 2023 financial results and supplemental details: • WAU of 41.8M, an increase of 5% year-over-year and 3% quarter-over-quarter; • Revenue of $56 million, exceeding its previously provided guidance range of $50 million to $52 million; and • Cash, cash equivalents, and marketable securities of $531 million as of December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1846069/000184606924000041/0001846069-24-000041-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.