[Form 4] NEXSTAR MEDIA GROUP, INC. Insider Trading Activity
Rhea-AI Filing Summary
Nexstar Media Group President, Networks Sean Compton reported routine equity compensation activity and a small share sale linked to taxes. On June 14, 2026, 938 time-based restricted stock units converted into the same number of Nexstar common shares as part of a 3,750-unit RSU grant.
On June 16, 2026, Compton sold 840 common shares at $170.81 per share. Footnotes state this sale was made to cover tax withholding obligations related to performance-based RSUs and RSUs that vested on June 8 and June 14, 2026. After these transactions, he directly holds 14,430 Nexstar common shares.
Positive
- None.
Negative
- None.
Insights
Routine RSU vesting with small tax-related share sale, neutral signal.
Sean Compton’s Form 4 shows standard equity compensation mechanics at Nexstar Media Group. On June 14, 2026, 938 time-based RSUs converted into 938 common shares from a 3,750-unit award granted on June 14, 2023.
The filing also shows an open-market sale of 840 common shares at $170.81 on June 16, 2026. Footnotes clarify this sale was specifically to cover tax withholding obligations tied to recently vested performance-based RSUs and RSUs, which is typically administrative rather than a discretionary reduction in exposure.
Following these moves, Compton holds 14,430 common shares directly. The shares sold are a modest portion of this position, and there are no remaining derivative positions listed, supporting a neutral interpretation focused on compensation and taxes rather than a strategic shift.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 840 | $170.81 | $143K |
| Exercise | Restricted Stock Units | 938 | $0.00 | -- |
| Exercise | Common Stock | 938 | $0.00 | -- |
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 14, 2023, of which, 938, 937 and 938 RSUs vested on June 14, 2024, 2025 and 2026, respectively, and, 937 RSUs will vest on June 14, 2027. 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 performance-based restricted stock units and RSUs that vested on June 8, 2026 and June 14, 2026, respectively.