Nexstar (NXST) GC lists 8,148 shares and 15,900 RSUs in Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Nexstar Media Group EVP and General Counsel Elizabeth Ryder filed an initial ownership report showing 8,148 shares of Common Stock held directly and 15,900 time-based restricted stock units (RSUs). The RSUs were awarded on March 19, 2026 and vest in three equal installments of 5,300 RSUs on each anniversary through March 19, 2029.
Each RSU converts into one share of Nexstar Common Stock at its vesting date. Any unvested RSUs are forfeited and cancelled if employment ends for reasons other than a company change of control.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
RYDER ELIZABETH
Role
EVP, General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 15,900 shares (Direct, null);
Common Stock — 8,148 shares (Direct, null)
Footnotes (1)
- 15,900 time-based restricted stock units (RSUs) were awarded on March 19, 2026, of which, 5,300 RSUs will vest each anniversary of the award through March 19, 2029. The RSUs have no expiration. However, any and all unvested portion of RSUs shall be forfeited and cancelled should the awardee's employment terminate for any reason other than a company change of control. Each RSU is converted into one share of Nexstar's Common Stock at the vesting date.
Key Figures
Common Stock held: 8,148 shares
RSU award size: 15,900 RSUs
Annual RSU vesting: 5,300 RSUs per year
+2 more
5 metrics
Common Stock held
8,148 shares
Direct ownership following Form 3 report
RSU award size
15,900 RSUs
Time-based restricted stock units awarded March 19, 2026
Annual RSU vesting
5,300 RSUs per year
Vest each anniversary of March 19, 2026 through March 19, 2029
RSU conversion ratio
1 RSU : 1 share
Each RSU converts into one Nexstar Common Share at vesting
RSU exercise price
$0.0000 per unit
Exercise price on Restricted Stock Units
Key Terms
Restricted Stock Units, time-based restricted stock units, vesting, change of control, +1 more
5 terms
Restricted Stock Units financial
"15,900 time-based restricted stock units (RSUs) were awarded on March 19, 2026"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
time-based restricted stock units financial
"15,900 time-based restricted stock units (RSUs) were awarded on March 19, 2026"
Time-based restricted stock units are a form of employee compensation where individuals are granted company shares that are earned over a set period, often as a reward for staying with the company. These shares typically become fully owned and transferable only after passing specific time milestones, encouraging long-term commitment. For investors, they highlight a company's focus on employee retention and can influence future stock supply and company stability.
vesting financial
"5,300 RSUs will vest each anniversary of the award through March 19, 2029"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
change of control financial
"unvested portion of RSUs shall be forfeited and cancelled should the awardee's employment terminate for any reason other than a company change of control"
A change of control occurs when the ownership or management of a company shifts significantly, such as through a sale, merger, or acquisition, resulting in new leadership or ownership structure. This change can impact the company's direction and decision-making, which is important for investors because it may affect the company's stability, strategy, and future prospects.
FAQ
What did Nexstar (NXST) executive Elizabeth Ryder report on her Form 3?
Elizabeth Ryder reported initial holdings of 8,148 shares of Nexstar Common Stock and 15,900 time-based restricted stock units (RSUs). This filing establishes her equity position as EVP and General Counsel at the time of the report.
How many restricted stock units does Nexstar (NXST) EVP Elizabeth Ryder hold?
Elizabeth Ryder holds 15,900 time-based restricted stock units (RSUs) tied to Nexstar’s Common Stock. The award converts into an equal number of Nexstar shares as the RSUs vest over the specified schedule through March 19, 2029.
What is the vesting schedule for Elizabeth Ryder’s Nexstar (NXST) RSU award?
Ryder’s 15,900 RSUs were awarded on March 19, 2026 and vest in three equal tranches of 5,300 RSUs on each anniversary of the award, continuing annually through March 19, 2029, subject to continued employment conditions.
What happens to Elizabeth Ryder’s unvested Nexstar (NXST) RSUs if her employment ends?
Any unvested RSUs are forfeited and cancelled if Ryder’s employment terminates for any reason other than a company change of control. This condition applies to the unvested portion only; vested RSUs already converted to shares are not affected.
How are Elizabeth Ryder’s Nexstar (NXST) RSUs settled when they vest?
Each RSU held by Elizabeth Ryder is converted into one share of Nexstar’s Common Stock on its vesting date. This one-for-one conversion means 15,900 RSUs correspond to 15,900 potential Nexstar shares as vesting occurs over time.