Nexstar (NXST) director Jay Grossman awarded 905 restricted stock units

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Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Nexstar Media Group director Jay M. Grossman received a compensation grant of 905 restricted stock units (RSUs). The award was granted on March 19, 2026 and represents the right to receive 905 shares of Nexstar common stock if the units vest.

Each RSU converts into one share of common stock on the vesting date. All 905 RSUs are scheduled to fully vest on March 19, 2027, provided Grossman continues serving as a director. Any unvested RSUs are forfeited if he ceases to be a director for reasons other than a company change of control.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Grossman Jay M.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	905	$0.00	--

Holdings After Transaction: Restricted Stock Units — 905 shares (Direct)

Footnotes (1)

Each time-based restricted stock unit ("RSU") is converted into one share of Nexstar's Common Stock at the vesting date. 905 RSUs were awarded on March 19, 2026, all of which will fully vest on March 19, 2027. The RSUs have no expiration. However, any and all unvested portion of RSUs shall be forfeited and cancelled should the Reporting Person ceases being a director of the Company for any reason other than a company change of control.

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Form 4 Insider Transactions: What Each Field Means →

03/20/2026 - 05:46 PM

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
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^*

Grossman Jay M.

(Last)

(First)

(Middle)

C/O ABRY PARTNERS, LLC

888 BOYLSTON ST. STE 1600

(Street)

BOSTON

MASSACHUSETTS

02199

(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)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	03/19/2026		A		905		⁽²⁾	⁽³⁾	Common Stock	905	$0	905	D

Explanation of Responses:

1. Each time-based restricted stock unit ("RSU") is converted into one share of Nexstar's Common Stock at the vesting date.

2. 905 RSUs were awarded on March 19, 2026, all of which will fully vest on March 19, 2027.

3. The RSUs have no expiration. However, any and all unvested portion of RSUs shall be forfeited and cancelled should the Reporting Person ceases being a director of the Company for any reason other than a company change of control.

	/s/ Mark Hoyla, Attorney-in-Fact for Jay Grossman	03/20/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What did Nexstar (NXST) director Jay M. Grossman report in this Form 4?

Jay M. Grossman reported receiving a grant of 905 restricted stock units as director compensation. These RSUs represent the right to receive 905 Nexstar common shares if vesting conditions are met over the specified period.

How many restricted stock units did Jay M. Grossman receive from Nexstar (NXST)?

He received 905 restricted stock units. Each unit represents one future share of Nexstar common stock, subject to vesting. This award increases his equity-based compensation tied directly to the company’s share performance over time.

When do Jay M. Grossman’s Nexstar (NXST) RSUs vest?

All 905 restricted stock units are scheduled to fully vest on March 19, 2027. Vesting requires that he remain a director through that date, aligning his compensation with continued board service at Nexstar Media Group.

What happens to Jay M. Grossman’s Nexstar (NXST) RSUs if he leaves the board?

Any unvested RSUs are forfeited and cancelled if he ceases to be a director for any reason other than a company change of control. This condition links the award’s value to his ongoing board role.

How are Jay M. Grossman’s Nexstar (NXST) RSUs settled at vesting?

Each restricted stock unit converts into one share of Nexstar common stock at the vesting date. Once vested, the RSUs become actual shares, giving him direct equity ownership corresponding to the number of vested units.