Nexstar (NXST) CEO Perry Sook buys 12,235 shares, lifts direct stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Nexstar Media Group’s Chief Executive Officer Perry A. Sook reported an open-market purchase of common stock. He bought 12,235 shares of Nexstar common stock at an average price of $162.2647 per share, increasing his direct ownership to 899,044 shares.
The filing also shows an indirect holding of 975,956 shares of common stock owned by PS Sook Ltd., of which Mr. Sook and his spouse are the beneficial owners. No derivative securities or option positions are listed in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 12,235 shares ($1,985,309)
Net Buy
2 txns
Insider
SOOK PERRY A
Role
Chief Executive Officer
Bought
12,235 shs ($1.99M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 12,235 | $162.2647 | $1.99M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 899,044 shares (Direct, null);
Common Stock — 975,956 shares (Indirect, PS Sook Ltd.)
Footnotes (1)
- [object Object]
Key Figures
Shares purchased: 12,235 shares
Purchase price: $162.2647 per share
Direct holdings after transaction: 899,044 shares
+2 more
5 metrics
Shares purchased
12,235 shares
Open-market purchase of common stock
Purchase price
$162.2647 per share
Average price for the 12,235-share buy
Direct holdings after transaction
899,044 shares
Common stock held directly by Perry Sook
Indirect holdings via PS Sook Ltd.
975,956 shares
Common stock beneficially owned through PS Sook Ltd.
Net buy shares
12,235 shares
Net buy direction in transaction summary
Key Terms
open-market purchase, Common Stock, beneficial owners, indirect ownership
4 terms
open-market purchase financial
"transaction_action is listed as an open-market purchase of common stock"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Common Stock financial
"The security title for both transactions is Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
beneficial owners financial
"shares owned by PS Sook Ltd., of which Mr. Sook and his spouse are the beneficial owners"
Beneficial owners are the people or entities that actually enjoy the economic benefits and control of shares or other assets, even when legal title is held by someone else such as a broker, custodian or trustee. Investors pay attention because beneficial owners hold the real voting power, receive dividends and can influence strategy and takeover outcomes — like the driver of a car who uses and maintains it while the bank holds the title — so disclosure shows who truly controls and benefits.
indirect ownership financial
"The filing classifies the PS Sook Ltd. position as indirect ownership"
FAQ
What insider transaction did Nexstar Media Group (NXST) report for Perry Sook?
Nexstar Media Group reported that CEO Perry A. Sook executed an open-market purchase of 12,235 shares of common stock. The shares were bought on June 26, 2026, and are categorized as a non-derivative transaction in the filing.
What indirect Nexstar (NXST) holdings are reported for Perry Sook?
The Form 4 shows an indirect holding of 975,956 shares of Nexstar common stock owned by PS Sook Ltd.. A footnote states that Mr. Sook and his spouse are the beneficial owners of these shares held through PS Sook Ltd.
Does the Nexstar (NXST) Form 4 include any derivative or option transactions?
This Form 4 does not report any derivative transactions such as stock options or warrants. The derivative summary section is empty, indicating no option exercises, conversions, or other derivative trades were included in this particular filing.
How many total buy and sell transactions does this Nexstar (NXST) Form 4 show?
The transaction summary shows one buy transaction and no sell transactions. It reports 12,235 shares bought, zero shares sold, and a net-buy direction for the activity covered by this Form 4 filing.