Nexstar president sells 368 shares after RSU vesting
Nexstar Media Group President, Broadcasting Andrew Alford reported routine equity compensation activity involving restricted stock units (RSUs) and related share sales.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 368 | $182.4153 | $67K |
| Exercise | Restricted Stock Units | 938 | $0.00 | $0.00 |
| Exercise | Common Stock | 938 | $0.00 | $0.00 |
Footnotes (3)
- F1. 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.
- F2. 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.
- F3. 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
Key Terms
Restricted Stock Units financial
time-based restricted stock unit financial
vesting date financial
tax withholding obligations financial
derivative exercise/conversion financial
AI-generated analysis. How Rhea-AI works. Not financial advice.