Nexstar (NXST) director awarded 905 restricted stock units vesting in 2027

Rhea-AI Filing Summary

Nexstar Media Group director D. Geoffrey Armstrong received a grant of 905 restricted stock units (RSUs) as equity compensation. The award was made on March 19, 2026 and represents a right to receive an equivalent number of Nexstar common shares if vesting conditions are met.

All 905 RSUs are scheduled to fully vest on March 19, 2027. Each RSU converts into one share of common stock at vesting. The RSUs have no fixed expiration date, but any unvested portion will be forfeited if Armstrong ceases to be a director for any reason other than a company change of control.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider ARMSTRONG D GEOFFREY

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	905	$0.00	--

Holdings After Transaction: Restricted Stock Units — 905 shares (Direct)

Footnotes (1)

1. Each time-based restricted stock unit ("RSU") is converted into one share of Nexstar's Common Stock at the vesting date. 905 RSUs were awarded on March 19, 2026, all of which will fully vest on March 19, 2027. 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.

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^*

ARMSTRONG D GEOFFREY

(Last) (First) (Middle)

1614 WEST 5TH STREET

(Street)

AUSTIN TEXAS 78703

(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 Geoffrey Armstrong	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 D. Geoffrey Armstrong?

Nexstar Media Group reported that director D. Geoffrey Armstrong received a grant of 905 restricted stock units as equity compensation. These RSUs give him a future right to receive an equal number of Nexstar common shares, subject to vesting conditions and continued board service.

How many restricted stock units were granted to the Nexstar (NXST) director and when?

D. Geoffrey Armstrong was granted 905 restricted stock units on March 19, 2026. This award increases his equity-based interest in Nexstar, with all units tied to future vesting rather than an immediate cash transaction or open-market stock purchase or sale.

When do the 905 Nexstar (NXST) RSUs granted to D. Geoffrey Armstrong vest?

All 905 restricted stock units granted to D. Geoffrey Armstrong are scheduled to fully vest on March 19, 2027. At that time, each RSU will convert into one share of Nexstar common stock, assuming he continues to serve as a director through the vesting date.

Are the Nexstar (NXST) RSUs granted to D. Geoffrey Armstrong subject to forfeiture?

Yes. Any unvested restricted stock units will be forfeited and cancelled if Armstrong ceases being a Nexstar director for any reason other than a company change of control. This structure is designed to align his compensation with ongoing board service and long-term company performance.

Does the Nexstar (NXST) Form 4 show a market purchase or sale by D. Geoffrey Armstrong?

No. The Form 4 reports a grant of 905 restricted stock units as compensation, not an open-market purchase or sale. The RSUs convert into common stock at vesting, so there is no immediate cash transaction or trading activity in Nexstar shares disclosed in this filing.