Nexstar officer receives 3,000 RSUs award
Nexstar Media Group officer Dana Zimmer received a grant of 3,000 restricted stock units (RSUs) tied to the company’s common stock.
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Rhea-AI Filing Summary
Nexstar Media Group officer Dana Zimmer received a grant of 3,000 restricted stock units (RSUs) tied to the company’s common stock. The award was made as compensation, not as an open-market share purchase or sale, and reflects an additional equity-based incentive.
According to the grant terms, 1,000 RSUs vest on each anniversary of the March 19, 2026 award date through March 19, 2029, as long as Zimmer continues in service. Each vested RSU will convert into one share of Nexstar common stock, aligning the officer’s compensation more closely with long-term shareholder value.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 3,000 | $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. 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
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What insider transaction did Nexstar (NXST) report for Dana Zimmer?
How many restricted stock units did Dana Zimmer receive from Nexstar (NXST)?
What is the vesting schedule for Dana Zimmer’s 3,000 Nexstar (NXST) RSUs?
Do Dana Zimmer’s Nexstar (NXST) RSUs convert into common stock?
Was Dana Zimmer’s Nexstar (NXST) RSU grant an open-market stock purchase?
AI-generated analysis. How Rhea-AI works. Not financial advice.