Nexstar officer sells shares for tax withholding

Rhea-AI Filing Summary

Nexstar Media Group officer Gary Weitman disposed of 194 shares of Common Stock in an open-market sale at an average price of $174.2055 per share. According to the accompanying note, the sale was made solely to cover tax withholding obligations tied to performance-based restricted stock units that vested on June 10, 2026. After this tax-related transaction, Weitman directly holds 6,568 Nexstar shares.

Insights

Equity compensation and insider-trading analyst

Small Nexstar insider sale was to cover taxes on vested RSUs.

The filing shows Gary Weitman sold 194 Nexstar Media Group common shares at $174.2055, explicitly to cover tax withholding from performance-based restricted stock units that vested on June 10, 2026. This links the transaction to compensation mechanics rather than portfolio rebalancing.

After the sale, Weitman still directly owns 6,568 shares, indicating he retains a meaningful equity stake. Because the disposition is tax-driven and involves a limited share count relative to his post-transaction holdings, it appears routine and does not materially alter the overall insider ownership picture.

Insider Trade Summary

Net Seller: 194 shares

Net Sell 1 txn

Insider WEITMAN GARY

Role See Remarks

Sold 194 shs ($34K)

Type	Security	Shares	Price	Value
Sale	Common Stock	194	$174.2055	$34K

Holdings After Transaction: Common Stock — 6,568 shares (Direct)

Footnotes (1)

1. F1. The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the settlement of performance-based restricted stock units that vested on June 10, 2026.

Key Figures

Shares sold: 194 shares Sale price per share: $174.2055 per share Shares owned after transaction: 6,568 shares +1 more

4 metrics

Shares sold 194 shares Common Stock sold on June 12, 2026

Sale price per share $174.2055 per share Open-market sale of Nexstar Common Stock

Shares owned after transaction 6,568 shares Direct holdings following June 12, 2026 sale

Vesting date of performance RSUs June 10, 2026 Performance-based restricted stock units that triggered tax withholding

Key Terms

performance-based restricted stock units, tax withholding obligations, open-market sale

3 terms

performance-based restricted stock units financial

"in connection with the settlement of performance-based restricted stock units that vested on June 10, 2026"

Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.

tax withholding obligations financial

"represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the settlement"

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.

FAQ

What did Nexstar Media Group (NXST) insider Gary Weitman do in this Form 4?

Gary Weitman sold 194 shares of Nexstar Media Group common stock at $174.2055 per share. The filing explains the sale was made specifically to cover tax withholding obligations related to recently vested performance-based restricted stock units.

Why did Nexstar’s Gary Weitman sell 194 NXST shares?

The sale was undertaken to cover tax withholding obligations on performance-based restricted stock units that vested on June 10, 2026. This ties the transaction to compensation-related taxes rather than a discretionary decision to reduce his Nexstar share exposure.

How many Nexstar (NXST) shares does Gary Weitman own after this transaction?

Following the June 12, 2026 transaction, Gary Weitman directly holds 6,568 shares of Nexstar Media Group common stock. This post-transaction figure is disclosed in the filing and reflects his remaining direct ownership after selling 194 shares to cover tax obligations.

At what price were Gary Weitman’s Nexstar (NXST) shares sold?

The 194 Nexstar Media Group shares were sold at an average price of $174.2055 per share. This per-share sale price is specified in the transaction details, alongside the number of shares and the resulting direct holdings after the sale.

Does Gary Weitman’s Nexstar share sale signal a change in sentiment?

The filing characterizes the sale as covering tax withholding obligations on vested performance-based restricted stock units. Because the purpose is tax-related and he still owns 6,568 shares, the transaction appears routine rather than a clear expression of changing sentiment.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/15/2026 - 10:30 AM Learn about SEC filing dates

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^*

WEITMAN GARY

(Last) (First) (Middle)

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)

	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)
06/12/2026

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	06/12/2026		S(1)		194	D	$174.2055	6,568	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:

1. The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the settlement of performance-based restricted stock units that vested on June 10, 2026.

Remarks:

EVP, Chief Communications Officer

	/s/ Mark Hoyla, Attorney-in-Fact for Gary Weitman	06/15/2026
	** 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)