Nexstar Media Group (NXST) officer sells 237 shares, ends stake

Rhea-AI Filing Summary

NEXSTAR MEDIA GROUP, INC. officer Dan Lanzano reported an open-market sale of Common Stock. On May 18, 2026, he sold 237 shares at $196.37 per share. Following this transaction, his directly held Common Stock position reported in this filing is 0 shares.

Insider Trade Summary

Net Seller: 237 shares ($46,540)

Net Sell 1 txn

Insider Lanzano Dan

Role See Remarks

Sold 237 shs ($47K)

Type	Security	Shares	Price	Value
Sale	Common Stock	237	$196.37	$47K

Holdings After Transaction: Common Stock — 0 shares (Direct, null)

Footnotes (1)

Key Figures

Shares sold: 237 shares Sale price: $196.37 per share Post-transaction direct holdings: 0 shares +1 more

4 metrics

Shares sold 237 shares Open-market sale of Common Stock on May 18, 2026

Sale price $196.37 per share Average price for the 237 shares sold

Post-transaction direct holdings 0 shares Total Common Stock directly held after the sale

Net share change -237 shares Net buy/sell shares in this Form 4

Key Terms

open-market sale, Common Stock, transaction code S, Form 4

4 terms

open-market sale financial

"transaction_action: "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Common Stock financial

"security_title: "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

transaction code S financial

"transaction_code: "S" described as sale in open market"

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Form 4 Insider Transactions: What Each Field Means →

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^*

Lanzano Dan

(Last) (First) (Middle)

545 E. JOHN CARPENTER FRWY.

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)
05/18/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/18/2026		S		237	D	$196.37	0	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

President, National Advertising Sales

	/s/ Mark Hoyla, Attorney-in-Fact for Dan Lanzano	05/19/2026
	** 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)

FAQ

What insider transaction did Nexstar Media Group (NXST) report for Dan Lanzano?

Nexstar Media Group reported that officer Dan Lanzano executed an open-market sale of Common Stock. On May 18, 2026, he sold 237 shares, as disclosed in this Form 4 insider trading report.

How many Nexstar (NXST) shares did Dan Lanzano sell and at what price?

Dan Lanzano sold 237 shares of Nexstar Common Stock at an average price of $196.37 per share. This reflects a single reported open-market sale transaction on May 18, 2026, according to the Form 4 data.

What are Dan Lanzano’s Nexstar (NXST) holdings after this Form 4 sale?

After the reported transaction, Dan Lanzano’s directly held Nexstar Common Stock position in this filing is 0 shares. The Form 4 lists total shares following the transaction for this non-derivative holding as zero.

Was the Nexstar (NXST) insider transaction an open-market sale or another type?

The Nexstar insider transaction was classified as an open-market sale of Common Stock. The Form 4 uses transaction code S and describes it as a “Sale in open market or private transaction,” indicating a standard disposition.

Did the Nexstar (NXST) Form 4 show any derivative securities for Dan Lanzano?

The Form 4 data provided shows no derivative transactions for Dan Lanzano. The derivative transaction count is zero, and the derivative summary is empty, so only this Common Stock sale is reported in the filing excerpt.