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Nexstar officer Andy Alford proposes $468K share sale

The listed acquisition records show restricted-stock vesting of 1,662 shares on May 17, 2025, and 1,161 shares on March 24, 2026.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

NEXSTAR MEDIA GROUP, INC. (NXST) Officer Andy Alford reported a proposed sale of 2,823 common shares, with an approximate sale date of September 23, 2026 and an aggregate market value of $467,742.87. Fidelity Brokerage Services LLC is listed as the broker.

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Common shares proposed for sale 2,823 shares Approximate sale date: September 23, 2026
Aggregate market value $467,742.87 Proposed sale
Common shares outstanding 30,808,301 shares Reported in the notice
Shares acquired through restricted stock vesting 1,662 shares May 17, 2025
Shares acquired through restricted stock vesting 1,161 shares March 24, 2026
Rule 144 regulatory
"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
"05/17/2025 | Restricted Stock Vesting"
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 Andy Alford"
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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many NXST shares is Andy Alford proposing to sell?

Officer Andy Alford reported a proposed sale of 2,823 common shares, with an approximate sale date of September 23, 2026.

What is the stated value of Andy Alford's proposed NXST share sale?

The proposed sale has an aggregate market value of $467,742.87.

What acquisition records are listed for Andy Alford's NXST shares?

The listed records show 1,662 shares acquired through restricted stock vesting on May 17, 2025, and 1,161 shares on March 24, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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