Nexstar broadcasting president sells 2,823 shares
Nexstar's President, Broadcasting reported 11,726 shares held directly after the transaction.
Rhea-AI Filing Summary
NEXSTAR MEDIA GROUP, INC. (NXST) President, Broadcasting Andrew Alford reported a direct sale of 2,823 shares of common stock on September 23, 2026, at $165.69 per share. His reported direct holdings after the sale were 11,726 shares. The transaction is described as a sale in the open market or a private transaction. No Rule 10b5-1 plan is reported for the transaction.
Positive
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Negative
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Insights
Analyzing...
Insider Trade Summary
Net Seller: 2,823 shares
Net Sell
1 txn
Insider
ALFORD ANDREW
Role
President, Broadcasting
Sold
2,823 shs ($468K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,823 | $165.69 | $468K |
Holdings After Transaction:
Common Stock — 11,726 shares (Direct)
Key Figures
Common stock sold: 2,823 shares
Sale price: $165.69 per share
Reported holdings after sale: 11,726 shares
3 metrics
Common stock sold
2,823 shares
September 23, 2026; direct sale
Sale price
$165.69 per share
September 23, 2026
Reported holdings after sale
11,726 shares
Direct holdings following the sale
Key Terms
Rule 10b5-1 plan
1 terms
Rule 10b5-1 plan regulatory
"No Rule 10b5-1 plan is reported for the transaction"
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
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