[Form 4] NEXSTAR MEDIA GROUP, INC. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Nexstar Media Group President, Broadcasting Andrew Alford reported routine equity compensation activity involving restricted stock units (RSUs) and related share sales. On June 3, 2026, 938 RSUs converted into 938 shares of common stock at a stated price of $0.0000 per share, reflecting vesting of a prior 3,750‑unit award granted on June 3, 2022.
On June 4, 2026, Alford sold 368 shares of common stock at an average price of $182.4153 per share. According to the footnotes, this sale was made to cover tax withholding obligations arising from the RSU settlement, rather than as a discretionary open‑market sale for investment purposes. After these transactions, Alford directly held 12,259 shares of Nexstar common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 368 shares ($67,129)
Net Sell
3 txns
Insider
ALFORD ANDREW
Role
President, Broadcasting
Sold
368 shs ($67K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 368 | $182.4153 | $67K |
| Exercise | Restricted Stock Units | 938 | $0.00 | -- |
| Exercise | Common Stock | 938 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 12,259 shares (Direct, null);
Restricted Stock Units — 0 shares (Direct, null)
Footnotes (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. 3,750 RSUs were awarded on June 3, 2022, of which, 937, 938, 937 and 938 RSUs vested on June 3, 2023, 2024, 2025 and 2026, respectively. 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.
Key Figures
Shares sold: 368 shares
Sale price: $182.4153 per share
RSUs converted: 938 units
+3 more
6 metrics
Shares sold
368 shares
Sale on June 4, 2026
Sale price
$182.4153 per share
Average price for 368 shares sold
RSUs converted
938 units
RSUs converted to common stock on June 3, 2026
Post-transaction holdings
12,259 shares
Common stock held directly after transactions
RSU grant size
3,750 RSUs
Time-based RSU award granted June 3, 2022
Annual vesting tranches
937 / 938 / 937 / 938 RSUs
Vested on June 3 of 2023, 2024, 2025, 2026
Key Terms
Restricted Stock Units, time-based restricted stock unit, vesting date, tax withholding obligations, +1 more
5 terms
Restricted Stock Units financial
"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."
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 of Nexstar's Common Stock subject to the Reporting Person's continued service through the applicable vesting date."
vesting date financial
"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."
tax withholding obligations financial
"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."
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""