Nexstar (NXST) director Lisbeth McNabb receives grant of 905 RSUs

Rhea-AI Filing Summary

McNabb Lisbeth reported acquisition or exercise transactions in this Form 4 filing.

Nexstar Media Group director Lisbeth McNabb received a grant of 905 restricted stock units (RSUs). These RSUs were awarded as equity compensation and each unit represents the right to receive one share of Nexstar common stock.

The 905 RSUs were granted on March 19, 2026 and are scheduled to fully vest on March 19, 2027. The units do not have an expiration date, but any unvested RSUs will be forfeited if McNabb ceases to be a director for any reason other than a company change of control.

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

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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^*

McNabb Lisbeth

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/19/2026

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

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
Restricted Stock Units	(1)	03/19/2026		A		905		(2)	(3)	Common Stock	905	$0	905	D

Explanation of Responses:

1. Each time-based restricted stock unit ("RSU") is converted into one share of Nexstar's Common Stock at the vesting date.

2. 905 RSUs were awarded on March 19, 2026, all of which will fully vest on March 19, 2027.

3. The RSUs have no expiration. However, any and all unvested portion of RSUs shall be forfeited and cancelled should the Reporting Person ceases being a director of the Company for any reason other than a company change of control.

	/s/ Mark Hoyla, Attorney-in-Fact for Lisbeth McNabb	03/20/2026
	** 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 Lisbeth McNabb?

Nexstar disclosed that director Lisbeth McNabb received a grant of 905 restricted stock units. These RSUs are a form of equity compensation that convert into common shares at vesting, rather than an open-market purchase or sale of Nexstar stock.

How many Nexstar (NXST) restricted stock units were granted to Lisbeth McNabb and on what date?

Lisbeth McNabb was granted 905 restricted stock units on March 19, 2026. Each RSU represents one future share of Nexstar common stock, subject to vesting conditions and continued service on the company’s board of directors.

When do Lisbeth McNabb’s Nexstar (NXST) RSUs vest according to the Form 4 filing?

All 905 restricted stock units granted to Lisbeth McNabb are scheduled to fully vest on March 19, 2027. At that time, each RSU converts into one share of Nexstar common stock, assuming she remains a director through the vesting date.

Are Lisbeth McNabb’s Nexstar (NXST) RSUs subject to forfeiture conditions?

Yes. Any unvested RSUs will be forfeited and cancelled if Lisbeth McNabb ceases to be a director for any reason other than a company change of control. This links the equity award to her continued board service at Nexstar.

Does the Nexstar (NXST) Form 4 show an open-market stock purchase or sale by Lisbeth McNabb?

No. The filing shows a grant of 905 restricted stock units as compensation, labeled as a grant or award acquisition. There was no open-market buying or selling of Nexstar common stock reported in this specific Form 4 transaction.

How many Nexstar (NXST) restricted stock units does Lisbeth McNabb hold after this transaction?

After the March 19, 2026 award, Lisbeth McNabb holds 905 restricted stock units directly. These RSUs will convert into an equal number of Nexstar common shares when they vest on March 19, 2027, assuming all vesting conditions are satisfied.