Nexstar director granted 905 restricted stock units
Nexstar Media Group director D. Geoffrey Armstrong received a grant of 905 restricted stock units (RSUs) as equity compensation.
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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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 905 | $0.00 | $0.00 |
Footnotes (3)
- F1. Each time-based restricted stock unit ("RSU") is converted into one share of Nexstar's Common Stock at the vesting date.
- F2. 905 RSUs were awarded on March 19, 2026, all of which will fully vest on March 19, 2027.
- F3. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Nexstar Media Group (NXST) report for D. Geoffrey Armstrong?
How many restricted stock units were granted to the Nexstar (NXST) director and when?
When do the 905 Nexstar (NXST) RSUs granted to D. Geoffrey Armstrong vest?
Are the Nexstar (NXST) RSUs granted to D. Geoffrey Armstrong subject to forfeiture?
Does the Nexstar (NXST) Form 4 show a market purchase or sale by D. Geoffrey Armstrong?
AI-generated analysis. How Rhea-AI works. Not financial advice.