Nexstar CFO logs RSU vesting and tax share sale
Nexstar Media Group EVP and CFO Lee Ann Gliha reported routine equity compensation activity involving restricted stock units and related tax sales.
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Rhea-AI Filing Summary
Nexstar Media Group EVP and CFO Lee Ann Gliha reported routine equity compensation activity involving restricted stock units and related tax sales. On June 3, 2026, 657 time-based restricted stock units converted into the same number of Nexstar common shares as part of a multi-year RSU award granted in 2022.
On June 4, 2026, she sold 258 common shares at an average price of $182.4153 per share. According to the disclosure, this sale was made solely to cover tax withholding obligations arising from the RSU settlement, rather than a discretionary open-market sale. After these transactions, she directly holds 18,387 Nexstar common shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 258 | $182.4153 | $47K |
| Exercise | Restricted Stock Units | 657 | $0.00 | $0.00 |
| Exercise | Common Stock | 657 | $0.00 | $0.00 |
Footnotes (3)
- F1. Each time-based restricted stock unit ("RSU") is converted into one share of Nexstar's Common Stock subject to the Reporting Person's continued service through the applicable vesting date.
- F2. 2,625 RSUs were awarded on June 3, 2022, of which, 656 RSUs each vested on June 3, 2023, 2024 and 2025, and, 657 RSUs vested on June 3, 2026.
- F3. 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 RSUs that vested on June 3, 2026.
Key Figures
Key Terms
Restricted Stock Units financial
time-based restricted stock unit financial
vesting date financial
tax withholding obligations financial
settlement of RSUs financial
FAQ
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What insider transactions did NXST CFO Lee Ann Gliha report?
What is the vesting schedule of the CFO’s Nexstar (NXST) RSU award?
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