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

Rhea-AI Filing Summary

Nexstar Media Group EVP of Operations Russell Blake received a grant of 2,250 restricted stock units (RSUs) tied to the company’s common stock. These RSUs were awarded as compensation and convert into one share of common stock for each unit when they vest.

According to the award terms, 750 RSUs vest on each anniversary of the March 19, 2026 grant date through March 19, 2029, as long as Blake continues in service. Following this grant, Blake directly holds 2,250 RSUs, with no additional derivative positions shown in this filing.

Insights

Equity Compensation Analyst

Routine RSU grant to EVP, vesting over three years.

The filing shows Russell Blake, EVP of Operations at Nexstar Media Group, receiving 2,250 restricted stock units as a compensation award. RSUs are stock-based incentives that convert one-for-one into common shares upon vesting.

The grant vests in three equal annual installments of 750 RSUs on each anniversary of the March 19, 2026 award date through March 19, 2029, conditioned on continued service. This structure encourages retention over multiple years while progressively increasing Blake’s equity exposure to Nexstar’s performance.

After this award, Blake’s reported derivative holdings consist solely of these 2,250 RSUs, with no remaining options or other derivatives listed. Future company filings may detail additional equity awards or vesting events as they occur.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Russell Blake

Role EVP, Operations

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)

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.

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
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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^*

Russell Blake

(Last) (First) (Middle)

C/O NEXSTAR MEDIA GROUP, INC.

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)
	EVP, Operations

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/19/2026

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

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
Restricted Stock Units	(1)	03/19/2026		A		2,250		(2)	(2)	Common Stock	2,250	$0	2,250	D

Explanation of Responses:

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. 2,250 RSUs were awarded on March 19, 2026, of which 750 RSUs vest at each anniversary of the award through March 19, 2029.

	/s/ Mark Hoyla, Attorney-in-Fact for Blake Russell	03/23/2026
	** 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)