Nexstar Media (NASDAQ: NXST) director may sell 300 shares from stock award
Rhea-AI Filing Summary
NEXSTAR MEDIA GROUP, INC. (NXST) has a notice of proposed sale of restricted securities under Rule 144 filed on behalf of Bernadette S. Aulestia, a director. The notice covers the potential sale of 300 shares of NXST common stock held at Fidelity Brokerage Services LLC, with an indicated aggregate value of $56,040.00, to be sold on NASDAQ. These shares originated from restricted stock vesting on 05/17/2022 as compensation from the issuer.
Positive
- None.
Negative
- None.
Key Figures
Shares proposed to be sold: 300 shares of common stock
Aggregate market value: $56,040.00
Date of acquisition (vesting): 05/17/2022
+2 more
5 metrics
Shares proposed to be sold
300 shares of common stock
Potential sale under Rule 144 by or for Bernadette S. Aulestia
Aggregate market value
$56,040.00
Value of 300 NXST common shares referenced in the proposed sale
Date of acquisition (vesting)
05/17/2022
Restricted stock vesting date for the 300 shares received as compensation
Security class
Common
Class of Nexstar Media Group, Inc. stock to be sold
Planned transaction date
08/24/2026
Date associated with the proposed sale of the 300 common shares
Key Terms
Rule 144, restricted stock vesting, attorney-in-fact, Compensation
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
restricted stock vesting financial
"Common | 05/17/2022 | Restricted Stock Vesting | Issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
attorney-in-fact regulatory
"as attorney-in-fact for Bernadette Aulestia"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
Compensation financial
"300 | 05/17/2022 | Compensation"
FAQ
What does the Form 144 filing for NXST disclose about Bernadette Aulestia?
The Form 144 notice states that director Bernadette S. Aulestia may sell 300 shares of Nexstar Media Group, Inc. common stock held at Fidelity Brokerage Services LLC, with an aggregate value of $56,040.00, under Rule 144 on NASDAQ.
AI-generated analysis. How Rhea-AI works. Not financial advice.