---
schema_version: "secwatch.filing_event.v1"
accession: "0001846069-24-000045"
form_type: "8-K"
ticker: "NXDR"
cik: "0001846069"
company_name: "Nextdoor Holdings, Inc."
filed_at: "2024-02-27T23:59:59+00:00"
generated_at: "2026-06-05T12:56:43.395405+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Nextdoor Q4 revenue $56M (+4% YoY); CEO Sarah Friar resigns, founder Nirav Tolia returns as CEO

## Summary
- Q4 revenue $56M (+4% YoY); WAU 41.8M (+5% YoY); ARPU $1.33 flat YoY; session depth +36% YoY.
- Q1 2024 revenue guided $50–51M; adjusted EBITDA loss ~$20M; FY 2024 revenue growth to exceed 3%.
- CEO Sarah Friar resigns effective May 8, 2024; founder Nirav Tolia appointed CEO, President, Chair from March 18.
- Tolia receives $500K base salary, $20M in equity (RSUs + performance-based PSUs) with stock price targets.
- Board authorizes $150M increase to share repurchase program; expects to limit dilution in 2024.

## SEC filing metadata
- accession: 0001846069-24-000045
- form_type: 8-K
- ticker: NXDR
- cik: 0001846069
- company_name: Nextdoor Holdings, Inc.
- filed_at: 2024-02-27T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1846069/000184606924000045/0001846069-24-000045-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1846069/000184606924000045/kind-20240227.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001846069-24-000045
- JSON: https://secwatch.observer/filing/0001846069-24-000045.json
- Plain text: https://secwatch.observer/filing/0001846069-24-000045.txt

## Key facts
- Executive change
  Nirav Tolia was appointed as Chief Executive Officer, President, and Chairperson of the Board at Nextdoor Holdings, Inc..
  - Action: appointed
  - Role: Chief Executive Officer, President, and Chairperson of the Board
  source text: the Board appointed Nirav Tolia as the Company’s Chief Executive Officer, President, and Chairperson of the Board, effective as of the Transition Date
  evidence_url: https://www.sec.gov/Archives/edgar/data/1846069/000184606924000045/0001846069-24-000045-index.htm
- Executive change
  Sarah Friar departed as Chief Executive Officer, President, and Chairperson of the Board at Nextdoor Holdings, Inc..
  - Action: resign
  - Role: Chief Executive Officer, President, and Chairperson of the Board
  source text: Sarah Friar will resign from her position as the Chief Executive Officer, and President and Chairperson of the Board
  evidence_url: https://www.sec.gov/Archives/edgar/data/1846069/000184606924000045/0001846069-24-000045-index.htm

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