Nexstar Media Group (NXST) broadcasting president sells 605 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NEXSTAR MEDIA GROUP, INC. executive Andrew Alford, President of Broadcasting, reported an open-market sale of Common Stock. He sold 605 shares on May 28, 2026 at a price of $185.33 per share. Following this transaction, he directly holds 11,689 shares of Nexstar common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 605 shares ($112,125)
Net Sell
1 txn
Insider
ALFORD ANDREW
Role
President, Broadcasting
Sold
605 shs ($112K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 605 | $185.33 | $112K |
Holdings After Transaction:
Common Stock — 11,689 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 605 shares
Sale price: $185.33 per share
Post-transaction holdings: 11,689 shares
+2 more
5 metrics
Shares sold
605 shares
Common Stock sold on May 28, 2026
Sale price
$185.33 per share
Open-market sale price on May 28, 2026
Post-transaction holdings
11,689 shares
Common Stock directly owned after sale
Transaction code
S
Sale in open market or private transaction
Net buy/sell direction
-605 shares
Net-sell based on Form 4 transaction summary
Key Terms
Common Stock, open-market sale, Form 4, President of Broadcasting
4 terms
Common Stock financial
"He sold 605 shares on May 28, 2026 at a price of $185.33 per share."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
open-market sale financial
"reported an open-market sale of Common Stock."
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
"and was disclosed in a Form 4 insider filing."
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.
President of Broadcasting financial
"Andrew Alford, President of Broadcasting, sold 605 shares"
FAQ
What insider transaction did Nexstar Media Group (NXST) report for Andrew Alford?
Nexstar Media Group reported that Andrew Alford, President of Broadcasting, sold 605 shares of Common Stock in an open-market transaction. The sale took place on May 28, 2026, and was disclosed in a Form 4 insider filing.
Was the Nexstar (NXST) insider transaction an open-market sale?
Yes. The Form 4 describes Andrew Alford’s transaction as an open-market sale of Nexstar Common Stock. The filing classifies the code as a sale in open market or private transaction, with 605 shares sold at $185.33 per share.
What role does Andrew Alford hold at Nexstar Media Group (NXST)?
Andrew Alford serves as Nexstar Media Group’s President of Broadcasting. His position is identified in the Form 4 insider filing, which reports his May 28, 2026 open-market sale of 605 shares of Nexstar Common Stock.