Nexstar (NXST) President exercises RSUs and sells shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Nexstar Media Group President, Networks Sean Compton reported an RSU vesting and related share sale. On May 23, 2026, 1,000 time-based restricted stock units converted into 1,000 shares of common stock from a 4,000-RSU award granted on May 23, 2024 that vests in 1,000-unit installments annually through May 23, 2028. On May 27, 2026, he sold 445 shares of common stock at $187.3214 per share to cover tax withholding obligations tied to the RSU settlement. After these transactions, he directly holds 11,807 common shares and 2,000 RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 445 shares ($83,358)
Net Sell
3 txns
Insider
COMPTON SEAN
Role
President, Networks
Sold
445 shs ($83K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 445 | $187.3214 | $83K |
| Exercise | Restricted Stock Units | 1,000 | $0.00 | -- |
| Exercise | Common Stock | 1,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 11,807 shares (Direct, null);
Restricted Stock Units — 2,000 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. 4,000 RSUs were awarded on May 23, 2024, of which, 1,000 RSUs vest at each anniversary of the award through May 23, 2028. 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 May 23, 2026.
Key Figures
Shares sold: 445 shares
Sale price: $187.3214 per share
RSUs exercised: 1,000 units
+4 more
7 metrics
Shares sold
445 shares
Common stock sold on May 27, 2026
Sale price
$187.3214 per share
Open-market sale to cover withholding
RSUs exercised
1,000 units
Time-based RSUs converted on May 23, 2026
RSU award size
4,000 RSUs
Awarded on May 23, 2024, vesting annually to 2028
Post-transaction common shares
11,807 shares
Direct holdings after reported transactions
Outstanding RSUs
2,000 units
RSUs remaining after May 23, 2026 vesting
Net share change
-445 shares
Net of buy/sell activity in this filing
Key Terms
restricted stock unit, vesting date, open-market sale, derivative exercise/conversion, +1 more
5 terms
restricted stock unit financial
"Each time-based restricted stock unit ("RSU") is converted into one share of Nexstar's Common Stock"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
vesting date financial
"subject to the Reporting Person's continued service through the applicable vesting date"
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
tax withholding obligations financial
"shares sold by the Reporting Person to cover tax withholding obligations in connection with the settlement of RSUs"
FAQ
What insider transactions did Nexstar (NXST) executive Sean Compton report?
Sean Compton reported an RSU vesting and a related share sale. 1,000 restricted stock units converted into common shares, and 445 shares were sold in the market primarily to cover tax withholding obligations from that RSU settlement.
What RSU award is tied to Sean Compton’s recent Nexstar (NXST) Form 4?
The Form 4 references a 4,000-unit time-based RSU award granted on May 23, 2024. Under this grant, 1,000 restricted stock units vest on each anniversary of the award through May 23, 2028, with each vested RSU converting into one share of common stock.
How do Sean Compton’s restricted stock units in Nexstar (NXST) vest over time?
According to the disclosure, 4,000 RSUs were awarded on May 23, 2024. One thousand RSUs vest at each anniversary of that award date through May 23, 2028, subject to his continued service, with each vested unit converting into one share of common stock.