Nexstar (NXST) EVP Robert Weaver awarded 2,250 RSUs vesting through 2029
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Nexstar Media Group EVP Robert S. Weaver received an equity award of 2,250 restricted stock units (RSUs). The RSUs were granted on March 19, 2026, and each RSU will convert into one share of Nexstar common stock if he remains in service through the applicable vesting dates.
The award vests in three equal installments of 750 RSUs on each anniversary of the grant date through March 19, 2029, aligning his compensation with long-term company performance and continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Weaver Robert S.
Role
EVP, Government Relations
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,250 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 2,250 shares (Direct)
Footnotes (1)
- Each 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. 2,250 RSUs were awarded on March 19, 2026, of which 750 RSUs vest at each anniversary of the award through March 19, 2029.
FAQ
What did Nexstar (NXST) executive Robert S. Weaver report in this Form 4?
Robert S. Weaver reported receiving an award of 2,250 restricted stock units from Nexstar. These RSUs are part of his equity compensation and will convert into common shares over time, subject to his continued employment and the vesting schedule described in the filing.
How many Nexstar (NXST) restricted stock units were granted to Robert S. Weaver?
He was granted 2,250 restricted stock units. Each unit represents a right to receive one share of Nexstar common stock in the future, provided he satisfies the service-based vesting conditions tied to specific anniversary dates after the March 19, 2026 grant.
What is the vesting schedule for Robert S. Weaver’s Nexstar (NXST) RSU award?
The 2,250 RSUs vest in three equal annual installments of 750 units. Vesting occurs on each anniversary of the March 19, 2026 grant date, continuing through March 19, 2029, assuming Weaver continues his service with Nexstar through each vesting date.
Does Robert S. Weaver pay anything for the Nexstar (NXST) RSUs he received?
The filing shows a transaction price of $0.0000 per unit, indicating the RSUs were granted as compensation rather than purchased. He receives the underlying Nexstar common shares only as the units vest and the service conditions are satisfied over time.
How many Nexstar (NXST) RSUs does Robert S. Weaver hold after this transaction?
After this grant, the Form 4 reports that Weaver holds 2,250 restricted stock units. These units will convert into an equal number of Nexstar common shares as they vest over three years, provided he continues to satisfy the service-based vesting requirements.