STOCK TITAN

989-share Rule 144 notice for NXST (NASDAQ: NXST)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Form 144 notice: the filer reported an intended sale of 989 shares of Common Stock dated 05/26/2026 tied to Restricted Stock Vesting and listed as Issuer compensation. The filing also discloses three recent dispositions by Michael Biard in March 2026: 1,802 shares on 03/25/2026 for $393,794.31, 3,527 shares on 03/24/2026 for $797,102.00, and 1,005 shares on 03/27/2026 for $213,552.45.

Positive

  • None.

Negative

  • None.

Insights

Rule 144 notice of planned sale tied to vested restricted shares.

Form 144 is a statutory notice that reports an intended sale under the securities resale exception. The filing states 989 shares are to be sold following restricted stock vesting on 05/26/2026.

Previous March 2026 dispositions by Michael Biard are listed with share counts and gross proceeds. Timing, method of sale, and any volume limits are not specified in the provided excerpt; subsequent regulatory filings would show consummation details.

Shares to be sold 989 shares Restricted Stock Vesting on <date>05/26/2026</date>
Disposition example 1 1,802 shares <date>03/25/2026</date> proceeds <money>$393,794.31</money>
Disposition example 2 3,527 shares <date>03/24/2026</date> proceeds <money>$797,102.00</money>
Disposition example 3 1,005 shares <date>03/27/2026</date> proceeds <money>$213,552.45</money>
Form 144 regulatory
"Filer Information | 144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Restricted Stock Vesting financial
"Securities To Be Sold | 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.
Issuer regulatory
"Securities To Be Sold | Issuer | Compensation"

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

FAQ

What does NXST's Form 144 report?

The filing reports an intended sale of 989 shares of Common Stock tied to restricted stock vesting dated 05/26/2026. It also lists prior March 2026 dispositions by Michael Biard with share counts and gross proceeds.

Who conducted recent sales reported in the NXST filing?

The excerpt shows recent dispositions by Michael Biard in March 2026: 1,802 shares on 03/25/2026, 3,527 shares on 03/24/2026, and 1,005 shares on 03/27/2026, with the listed gross proceeds for each sale.

Are the 989 shares part of compensation for NXST?

Yes. The filing ties the 989 shares to Restricted Stock Vesting and classifies the source as the Issuer under the heading 'Compensation' dated 05/26/2026.

Does the Form 144 state how the 989 shares will be sold?

The excerpt identifies the intended sale quantity and vesting source but does not state the sales method, timing, or broker details. Execution details are not included in the provided excerpt.