Were Brett Jenkins’ Nexstar (NXST) share sales part of routine tax withholding?

Yes. The footnotes explain the 229-share sale was executed to cover tax withholding obligations from RSUs that vested on May 23, 2026. Such tax-related sales are typically mechanistic events linked to compensation vesting.

Nexstar (NXST) officer reports RSU vesting and 229-share tax-related sale

Filing Impact

(Neutral)

Filing Sentiment

(Negative)

Form Type

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

Net Seller: 229 shares ($42,897)

Net Sell 3 txns

Insider Jenkins Brett

Role See Remarks

Sold 229 shs ($43K)

Type	Security	Shares	Price	Value
Sale	Common Stock	229	$187.3214	$43K
Exercise	Restricted Stock Units	750	$0.00	--
Exercise	Common Stock	750	$0.00	--

Holdings After Transaction: Common Stock — 27,061 shares (Direct, null); Restricted Stock Units — 1,500 shares (Direct, null)

Footnotes (1)

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. 3,000 RSUs were awarded on May 23, 2024, of which, 750 RSUs vest at each anniversary of the award through May 23, 2028. 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

Shares sold: 229 shares Sale price: $187.3214 per share Post-transaction holdings: 27,061 shares +3 more

6 metrics

Shares sold 229 shares Common stock sale on May 27, 2026 to cover tax withholding

Sale price $187.3214 per share Price for 229-share common stock sale

Post-transaction holdings 27,061 shares Common stock directly owned after reported transactions

RSUs converted 750 units RSUs converted to common stock on May 23, 2026

RSU grant size 3,000 RSUs Time-based award granted on May 23, 2024

Annual RSU vesting 750 RSUs per year Vest each anniversary from May 23, 2025 through May 23, 2028

Key Terms

Restricted Stock Units, tax withholding obligations, vesting date, time-based restricted stock unit

4 terms

Restricted Stock Units financial

"security_title": "Restricted Stock Units""

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.

tax withholding obligations financial

"shares sold by the Reporting Person to cover tax withholding obligations in connection with the settlement of RSUs"

vesting date financial

"converted into one share of Nexstar's Common Stock subject to the Reporting Person's continued service through the applicable vesting date"

time-based restricted stock unit financial

"Each time-based restricted stock unit ("RSU") is converted into one share of Nexstar's Common Stock"

Form 4 Insider Transactions: What Each Field Means →

05/27/2026 - 06:40 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Jenkins Brett

(Last)

(First)

(Middle)

C/O NEXSTAR MEDIA GROUP, INC.

545 E. JOHN CARPENTER FREEWAY, SUITE 700

(Street)

IRVING

TEXAS

75062

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
NEXSTAR MEDIA GROUP, INC. [ NXST ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	See Remarks

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/23/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/23/2026		M		750	A	$0⁽¹⁾⁽²⁾	27,290	D
Common Stock	05/27/2026		S⁽³⁾		229	D	$187.3214	27,061	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	05/23/2026		M			750	⁽²⁾	⁽²⁾	Common Stock	750	$0	1,500	D

Explanation of Responses:

1. 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.

2. 3,000 RSUs were awarded on May 23, 2024, of which, 750 RSUs vest at each anniversary of the award through May 23, 2028.

3. 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.

Remarks:

EVP, Chief Technology & Digital Officer

	/s/ Mark Hoyla, Attorney-in-Fact for Brett Jenkins	05/27/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did NXST officer Brett Jenkins report on this Form 4?

Brett Jenkins reported RSU vesting into 750 shares of Nexstar common stock and a sale of 229 shares. The sale was made specifically to cover tax withholding obligations tied to the RSU settlement on May 23, 2026.

How many Nexstar (NXST) shares did Brett Jenkins sell and at what price?

Jenkins sold 229 shares of Nexstar common stock at $187.3214 per share. The footnotes state these shares were sold to satisfy tax withholding obligations from the recent RSU vesting, rather than as a discretionary open-market sale.

What RSU award is disclosed for Nexstar (NXST) officer Brett Jenkins?

The filing notes a 3,000-unit time-based RSU award granted on May 23, 2024. These RSUs vest in four equal installments of 750 units each year on the award’s anniversary from May 23, 2025 through May 23, 2028, subject to continued service.

How many Nexstar (NXST) shares does Brett Jenkins hold after these transactions?

After the reported RSU conversion and tax-related sale, Jenkins directly holds 27,061 shares of Nexstar common stock. This figure reflects his remaining position following the sale of 229 shares to cover tax withholding tied to the May 23, 2026 vesting.

How do Brett Jenkins’ RSUs in Nexstar (NXST) vest over time?

The Form 4 states that each RSU converts into one share of common stock upon vesting. For the 3,000-unit May 23, 2024 grant, 750 RSUs vest on each anniversary date through May 23, 2028, contingent on continued service.