Nexstar (NXST) Networks President awarded 3,000 restricted stock units in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
COMPTON SEAN reported acquisition or exercise transactions in this Form 4 filing.
Nexstar Media Group President, Networks Sean Compton received a grant of 3,000 restricted stock units (RSUs). Each RSU represents one share of Nexstar common stock, subject to continued service through the vesting dates. The award was granted on March 19, 2026, with 1,000 RSUs vesting on each anniversary through March 19, 2029. After this grant, Compton holds 3,000 RSUs directly, reflecting routine equity compensation rather than an open-market stock purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
COMPTON SEAN
Role
President, Networks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 3,000 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 3,000 shares (Direct)
Footnotes (1)
- Each restricted stock unit ("RSU") is converted into one share of Nexstar's Common Stock, subject to the Reporting Person's continued service through the applicable vesting date. 3,000 RSUs were awarded on March 19, 2026, of which 1,000 RSUs vest at each anniversary of the award through March 19, 2029.
FAQ
What insider transaction did Nexstar Media Group (NXST) report for Sean Compton?
Nexstar reported that Sean Compton, President, Networks, received a grant of 3,000 restricted stock units. These RSUs are part of his equity compensation and convert into common shares if he continues serving through the specified vesting dates.
How many Nexstar (NXST) restricted stock units were granted and how do they vest?
Sean Compton was granted 3,000 restricted stock units on March 19, 2026. According to the filing, 1,000 RSUs vest on each anniversary of the grant date through March 19, 2029, contingent on his continued service with the company.
Does this Nexstar (NXST) Form 4 show an open-market stock purchase or sale?
No, the Form 4 reports an equity award, not an open-market trade. Sean Compton received 3,000 restricted stock units as compensation, with each unit convertible into one share of common stock upon vesting, assuming continued service.
What will Sean Compton own if all granted Nexstar (NXST) RSUs vest?
If all granted RSUs vest, Sean Compton will receive 3,000 shares of Nexstar common stock. Vesting occurs in three equal installments of 1,000 RSUs on each anniversary of the March 19, 2026 grant date, subject to continued employment.
How significant is Sean Compton’s RSU grant at Nexstar (NXST)?
The grant represents 3,000 restricted stock units awarded as part of executive compensation. It is a routine equity incentive for a senior officer and does not reflect a discretionary market purchase or sale of Nexstar shares by the executive.