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  4. [Form 4] NEXSTAR MEDIA GROUP, INC. Insider Trading Activity

Nexstar (NXST) CFO reports RSU vesting and tax-related sale of shares

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

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.

Positive

  • None.

Negative

  • None.
Insider Gliha Lee Ann
Role EVP, Chief Financial Officer
Sold 258 shs ($47K)
Type Security Shares Price Value
Sale Common Stock 258 $182.4153 $47K
Exercise Restricted Stock Units 657 $0.00 --
Exercise Common Stock 657 $0.00 --
Holdings After Transaction: Common Stock — 18,387 shares (Direct, null); Restricted Stock Units — 0 shares (Direct, null)
Footnotes (1)
  1. 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. 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. 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.
Shares sold 258 shares Common Stock sold June 4, 2026 at $182.4153 per share
Sale price $182.4153 per share Average price for 258 common shares sold June 4, 2026
RSUs converted 657 units Restricted stock units converted to common stock on June 3, 2026
Shares owned after 18,387 shares Direct Nexstar common stock holdings following reported transactions
Total RSU grant 2,625 RSUs Awarded June 3, 2022 with annual vesting through June 3, 2026
Annual RSU vesting 656 / 656 / 656 / 657 units RSUs vesting each June 3 in 2023, 2024, 2025 and 2026
Restricted Stock Units financial
"security_title": "Restricted Stock Units""
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
time-based restricted stock unit financial
"Each time-based restricted stock unit ("RSU") is converted into one share"
vesting date financial
"subject to the Reporting Person's continued service through the applicable vesting date"
tax withholding obligations financial
"shares sold by the Reporting Person to cover tax withholding obligations"
settlement of RSUs financial
"in connection with the settlement of RSUs that vested on June 3, 2026"
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
Gliha Lee Ann
(Last)(First)(Middle)
545 E. JOHN CARPENTER FREEWAY
(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP, Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/03/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock06/03/2026M657A$0(1)(2)18,645D
Common Stock06/04/2026S(3)258D$182.415318,387D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)06/03/2026M657 (2) (2)Common Stock657$00D
Explanation of Responses:
1. 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.
2. 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.
3. 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.
/s/ Mark Hoyla, Attorney-in-Fact for Lee Ann Gliha06/05/2026
** Signature of Reporting PersonDate
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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did NXST CFO Lee Ann Gliha report?

Lee Ann Gliha reported RSU vesting and a related share sale. On June 3, 2026, 657 restricted stock units converted into common stock, and on June 4, 2026, she sold 258 shares to cover tax withholding obligations tied to this RSU settlement.

How many Nexstar (NXST) shares did the CFO sell and at what price?

The CFO sold 258 Nexstar common shares at $182.4153 each. The filing states this sale was specifically to cover tax withholding obligations connected to recently vested restricted stock units, rather than a discretionary open-market sale for portfolio reasons.

How many Nexstar (NXST) shares does the CFO hold after these transactions?

After the reported transactions, the CFO directly owns 18,387 shares. This total reflects the addition of 657 shares from restricted stock unit conversion and the sale of 258 shares for tax withholding associated with the same RSU vesting event.

What is the vesting schedule of the CFO’s Nexstar (NXST) RSU award?

The RSU award totals 2,625 units granted June 3, 2022. According to the disclosure, 656 RSUs vested on June 3 in 2023, 2024 and 2025, and 657 RSUs vested on June 3, 2026, each converting into one Nexstar common share.

Was the Nexstar (NXST) CFO’s share sale a tax withholding event?

Yes. The filing states the sale covered tax withholding obligations. The 258 common shares sold on June 4, 2026, were disposed of specifically to satisfy taxes arising from the settlement of restricted stock units that vested on June 3, 2026.