Nexstar Media Group (NXST) director vests 1,123 RSUs into stock

Rhea-AI Filing Summary

Nexstar Media Group director D. Geoffrey Armstrong exercised restricted stock units into common shares. On March 24, 2026, 1,123 restricted stock units converted into 1,123 shares of Nexstar common stock at a conversion price of $0.00 per share as part of his equity compensation.

The RSUs were originally awarded on March 24, 2025 and were fully vested on March 24, 2026. Following the conversion, Armstrong directly holds 9,933 shares of Nexstar common stock, and no open-market purchases or sales were reported in this filing.

Insider Trade Summary

1,123 shares exercised/converted

Mixed 2 txns

Insider ARMSTRONG D GEOFFREY

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	1,123	$0.00	--
Exercise	Common Stock	1,123	$0.00	--

Holdings After Transaction: Restricted Stock Units — 0 shares (Direct); Common Stock — 9,933 shares (Direct)

Footnotes (1)

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. 1,123 RSUs were awarded on March 24, 2025, all of which are fully vested on March 24, 2026.

Form 4 Insider Transactions: What Each Field Means →

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^*

ARMSTRONG D GEOFFREY

(Last) (First) (Middle)

1614 WEST 5TH STREET

(Street)

AUSTIN TEXAS 78703

(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)
03/24/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/24/2026		M		1,123	A	$0(1)(2)	9,933	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	03/24/2026		M			1,123	(2)	(2)	Common Stock	1,123	$0	0	D

Explanation of Responses:

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.

2. 1,123 RSUs were awarded on March 24, 2025, all of which are fully vested on March 24, 2026.

	/s/ Mark Hoyla, Attorney-in-Fact for Geoffrey Armstrong	03/25/2026
	** 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)

FAQ

What insider transaction did Nexstar (NXST) director D. Geoffrey Armstrong report?

Director D. Geoffrey Armstrong reported exercising 1,123 restricted stock units into 1,123 shares of Nexstar common stock. The transaction occurred on March 24, 2026 as part of his equity compensation, with no open-market purchase or sale activity disclosed in this filing.

How many Nexstar (NXST) shares does D. Geoffrey Armstrong hold after this Form 4?

After the reported transactions, D. Geoffrey Armstrong directly holds 9,933 shares of Nexstar common stock. This reflects the conversion of 1,123 restricted stock units into common shares and indicates his updated ownership position as disclosed in the Form 4 filing.

Were the 1,123 Nexstar (NXST) restricted stock units fully vested before conversion?

Yes. The 1,123 restricted stock units were awarded on March 24, 2025 and were fully vested on March 24, 2026. Upon vesting, each RSU converted into one share of Nexstar common stock, resulting in 1,123 new common shares for the director.

Did Nexstar (NXST) director Armstrong buy or sell shares on the open market?

No open-market purchases or sales were reported. The Form 4 shows a derivative exercise, where 1,123 restricted stock units converted into common stock at a price of $0.00 per share, reflecting equity compensation rather than a market trade.

What does the M transaction code mean in the Nexstar (NXST) Form 4?

The M transaction code indicates an exercise or conversion of a derivative security. In this case, 1,123 restricted stock units were converted into 1,123 shares of Nexstar common stock as they vested, rather than being bought on the open market.