Nexstar Media Group (NXST) grants 3,000 RSUs to officer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Nexstar Media Group reported that officer Dan Lanzano received a grant of 3,000 restricted stock units (RSUs) tied to the company’s common stock. The award was made on March 19, 2026, and represents compensation rather than an open-market purchase.
According to the vesting schedule, 1,000 RSUs vest on each anniversary of the grant date through March 19, 2029, subject to Lanzano’s continued service. After this grant, he holds 3,000 RSUs directly, which will convert into the same number of common shares as they vest.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lanzano Dan
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 3,000 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 3,000 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. 3,000 RSUs were awarded on March 19, 2026, of which 1,000 RSUs vest at each anniversary of the award through March 19, 2029.
FAQ
What insider transaction did Nexstar Media Group (NXST) report for Dan Lanzano?
Nexstar Media Group reported a compensation-related grant of 3,000 restricted stock units to officer Dan Lanzano. These RSUs are not an open-market share purchase but an award that converts into common stock as the units vest over time.
How many restricted stock units did Nexstar (NXST) grant to Dan Lanzano?
Dan Lanzano received 3,000 restricted stock units linked to Nexstar’s common stock. The filing shows this as a single grant on March 19, 2026, with all 3,000 units held directly after the transaction as part of his equity compensation.
What is the vesting schedule for Dan Lanzano’s 3,000 Nexstar (NXST) RSUs?
The 3,000 RSUs granted to Dan Lanzano vest in three equal installments of 1,000 units. One thousand RSUs vest on each anniversary of the March 19, 2026 award date, continuing annually through March 19, 2029, assuming he continues to serve the company.
Do Dan Lanzano’s Nexstar (NXST) RSUs convert into common stock?
Each restricted stock unit granted to Dan Lanzano converts into one share of Nexstar common stock. Conversion occurs only as the RSUs vest and is conditioned on his continued service through each applicable vesting date described in the award terms.
Is the Nexstar (NXST) Form 4 for Dan Lanzano a stock purchase or a grant?
The Form 4 shows a grant of restricted stock units to Dan Lanzano, not an open-market stock purchase. The transaction is coded as an award acquisition, with 3,000 RSUs granted at no cash exercise price as part of his overall compensation package.
How many Nexstar (NXST) RSUs does Dan Lanzano hold after this transaction?
After the March 19, 2026 grant, Dan Lanzano holds 3,000 restricted stock units directly. These units correspond to 3,000 underlying shares of Nexstar common stock that will be delivered over time as each 1,000-unit tranche vests under the award schedule.