Nexstar (NXST) director granted 905 RSUs vesting in 2027

Rhea-AI Filing Summary

NEXSTAR MEDIA GROUP, INC. director Ellen Tobi Johnson received a grant of 905 restricted stock units on March 19, 2026. Each RSU converts into one share of Nexstar common stock at vesting. All 905 RSUs will fully vest on March 19, 2027, and any unvested RSUs are forfeited if she ceases to be a director other than in a company change of control.

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

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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^*

Johnson Ellen Tobi

(Last) (First) (Middle)

215 W 98TH ST APT 9B

(Street)

NEW YORK NEW YORK 10025-5635

(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)
			Code	V	Amount	(A) or (D)	Price

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)	03/19/2026		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 Ellen Johnson	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)

FAQ

What insider transaction did Nexstar (NXST) report for Ellen Tobi Johnson?

Nexstar reported that director Ellen Tobi Johnson received a grant of 905 restricted stock units on March 19, 2026. These RSUs are a form of equity compensation that can convert into common shares of Nexstar Media Group upon vesting, aligning her interests with shareholders.

How many restricted stock units were granted in the latest Nexstar (NXST) Form 4?

The Form 4 shows a grant of 905 restricted stock units to director Ellen Tobi Johnson. This entire award is scheduled to vest on March 19, 2027, and each RSU will convert into one share of Nexstar Media Group common stock at that time.

When do Ellen Tobi Johnson’s Nexstar (NXST) RSUs vest and convert to shares?

All 905 restricted stock units granted to Ellen Tobi Johnson fully vest on March 19, 2027. At vesting, each time-based RSU is converted into one share of Nexstar Media Group common stock, increasing her direct equity holdings if she remains a director through that date.

What conditions apply to the 905 RSUs granted by Nexstar (NXST) to its director?

The RSUs have no fixed expiration but are forfeited if Ellen Tobi Johnson ceases being a director for any reason other than a company change of control. Only vested RSUs convert into common stock, so continued board service is required to realize their full value.

Did the Nexstar (NXST) director buy or sell shares in this Form 4?

The Form 4 reports an acquisition through an equity award, not an open-market trade. Ellen Tobi Johnson received 905 restricted stock units as a grant, which will convert into Nexstar common shares upon vesting rather than reflecting an immediate cash purchase or sale.