Nexstar officer granted 2,250 restricted stock units
WEITMAN GARY reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
WEITMAN GARY reported acquisition or exercise transactions in this Form 4 filing.
Nexstar Media Group officer Gary Weitman reported receiving an equity compensation grant of 2,250 restricted stock units (RSUs) that each represent one share of Nexstar common stock when they vest. The RSUs were awarded at no cash cost as part of his compensation.
According to the filing, 750 RSUs will vest on each anniversary of the March 19, 2026 award date through March 19, 2029, as long as Weitman continues in service. After this grant, he is shown as holding 2,250 RSUs, highlighting a routine, service-based incentive award rather than any open-market stock purchase or sale.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,250 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. 2,250 RSUs were awarded on March 19, 2026, of which 750 RSUs vest at each anniversary of the award through March 19, 2029.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Nexstar (NXST) report for Gary Weitman?
How many Nexstar (NXST) restricted stock units were granted to Gary Weitman?
What are the vesting terms of Gary Weitman’s Nexstar (NXST) RSU award?
Does Gary Weitman’s Nexstar (NXST) Form 4 show a stock purchase or sale?
How many Nexstar (NXST) RSUs does Gary Weitman hold after this transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.