Nexstar officer sells 229 shares to cover RSU taxes
NEXSTAR MEDIA GROUP, INC. officer Brett Jenkins reported routine equity compensation activity.
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Rhea-AI Filing Summary
NEXSTAR MEDIA GROUP, INC. officer Brett Jenkins reported routine equity compensation activity. On May 23, 2026, 750 time-based restricted stock units converted into 750 shares of common stock as part of an RSU award granted on May 23, 2024. On May 27, 2026, 229 shares of common stock were sold at $187.3214 per share to cover tax withholding obligations related to this vesting, according to the footnotes. After these transactions, Jenkins directly owned 27,061 shares of Nexstar common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 229 | $187.3214 | $43K |
| Exercise | Restricted Stock Units | 750 | $0.00 | $0.00 |
| Exercise | Common Stock | 750 | $0.00 | $0.00 |
Footnotes (3)
- F1. Each time-based 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. 3,000 RSUs were awarded on May 23, 2024, of which, 750 RSUs vest at each anniversary of the award through May 23, 2028.
- F3. The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the settlement of RSUs that vested on May 23, 2026.
Key Figures
Key Terms
Restricted Stock Units financial
tax withholding obligations financial
vesting date financial
time-based restricted stock unit financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did NXST officer Brett Jenkins report on this Form 4?
What RSU award is disclosed for Nexstar (NXST) officer Brett Jenkins?
How do Brett Jenkins’ RSUs in Nexstar (NXST) vest over time?
AI-generated analysis. How Rhea-AI works. Not financial advice.