Nexstar (NXST) executive sells 915 shares to cover tax obligations

Rhea-AI Filing Summary

Nexstar Media Group officer Dana Zimmer reported an open-market sale of 915 shares of common stock at $176.417 per share on June 10, 2026. According to the footnote, the sale was made solely to cover tax withholding obligations from performance-based restricted stock units that vested on June 8, 2026. After this transaction, Zimmer directly holds 5,738 shares.

Insider Trade Summary

Net Seller: 915 shares ($161,422)

Net Sell 1 txn

Insider ZIMMER DANA

Role See Remarks

Sold 915 shs ($161K)

Type	Security	Shares	Price	Value
Sale	Common Stock	915	$176.417	$161K

Holdings After Transaction: Common Stock — 5,738 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares sold: 915 shares Sale price: $176.417 per share Post-transaction holdings: 5,738 shares +2 more

5 metrics

Shares sold 915 shares Open-market sale on June 10, 2026

Sale price $176.417 per share Common Stock transaction

Post-transaction holdings 5,738 shares Direct ownership after sale

Transaction code S (Sale) Open-market or private sale

Vesting date of units June 8, 2026 Performance-based RSUs vesting

Key Terms

performance-based restricted stock units, tax withholding obligations, open-market sale, Form 4

4 terms

performance-based restricted stock units financial

"in connection with the settlement of performance-based restricted stock units that vested on June 8, 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.

Form 4 regulatory

"The sale reported on this Form 4 represents shares sold by the Reporting Person"

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.

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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^*

ZIMMER DANA

(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)
06/10/2026

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	06/10/2026		S(1)		915	D	$176.417	5,738	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 8, 2026.

Remarks:

President, Distribution & Strategy

	/s/ Mark Hoyla, Attorney-in-Fact for Dana Zimmer	06/11/2026
	** 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 did Dana Zimmer report in the latest Nexstar (NXST) Form 4?

Dana Zimmer reported selling 915 shares of Nexstar common stock in an open-market transaction at $176.417 per share. The sale was tied to tax withholding obligations from recently vested performance-based restricted stock units, and Zimmer now directly holds 5,738 shares.

Why did Dana Zimmer sell Nexstar (NXST) shares in this Form 4?

The sale was executed to cover tax withholding obligations related to performance-based restricted stock units that vested on June 8, 2026. This indicates the transaction was primarily a tax-related event rather than a discretionary sale of investment holdings.

How many Nexstar (NXST) shares did Dana Zimmer sell and at what price?

Dana Zimmer sold 915 shares of Nexstar common stock at a price of $176.417 per share. The transaction was reported as an open-market sale and was specifically linked to covering tax withholding from vested performance-based restricted stock units.

How many Nexstar (NXST) shares does Dana Zimmer own after the reported sale?

After the reported transaction, Dana Zimmer directly owns 5,738 shares of Nexstar common stock. This post-transaction holding reflects Zimmer’s remaining equity position following the 915-share sale to satisfy tax withholding obligations on vested performance-based restricted stock units.

What type of equity award is mentioned in Dana Zimmer’s Nexstar (NXST) Form 4?

The Form 4 references performance-based restricted stock units that vested on June 8, 2026. Shares sold in the reported transaction were used to satisfy tax withholding obligations arising from the settlement of these performance-based restricted stock units.