STOCK TITAN

Nexstar (NXST) CFO sells 752 shares to cover RSU-related tax bill

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Nexstar Media Group EVP and CFO Lee Ann Gliha reported selling 752 shares of common stock at $176.417 per share on June 10, 2026. According to the disclosure, the sale was made to cover tax withholding obligations tied to performance-based restricted stock units that vested on June 6, 2026. After this compensation-related transaction, she directly holds 19,510 shares of Nexstar common stock.

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Insider Gliha Lee Ann
Role EVP, Chief Financial Officer
Sold 752 shs ($133K)
Type Security Shares Price Value
Sale Common Stock 752 $176.417 $133K
Holdings After Transaction: Common Stock — 19,510 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares sold 752 shares Common stock sold on June 10, 2026
Sale price per share $176.417 per share Open-market sale to cover tax withholding
Shares held after transaction 19,510 shares Direct ownership after June 10, 2026 sale
Net shares sold 752 shares Net change in position from this Form 4
performance-based restricted stock units financial
"in connection with the settlement of performance-based restricted stock units that vested on June 6, 2026"
Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.
tax withholding obligations financial
"represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the settlement"
Form 4 regulatory
"The sale reported on this Form 4 represents shares sold by the Reporting Person"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
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SEC Form 4
FORM 4UNITED 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*
Gliha Lee Ann

(Last)(First)(Middle)
545 E. JOHN CARPENTER FREEWAY

(Street)
IRVING TEXAS 75062

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP, Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock06/10/2026S(1)752D$176.41719,510D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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 that vested on June 6, 2026.
/s/ Mark Hoyla, Attorney-in-Fact for Lee Ann Gliha06/11/2026
** Signature of Reporting PersonDate
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 did Nexstar (NXST) CFO Lee Ann Gliha report in this Form 4?

She reported selling 752 shares of Nexstar common stock at $176.417 per share. The transaction occurred on June 10, 2026 and was disclosed as part of her required insider trading reporting obligations.

Why did Nexstar (NXST) CFO Lee Ann Gliha sell 752 shares?

The sale was made to cover tax withholding obligations related to performance-based restricted stock units. These units vested on June 6, 2026, and the sale proceeds were used to satisfy associated tax requirements rather than a discretionary portfolio change.

How many Nexstar (NXST) shares does the CFO hold after this transaction?

Following the sale, Lee Ann Gliha directly holds 19,510 shares of Nexstar common stock. This figure reflects her remaining direct ownership position after selling 752 shares to cover tax withholding on vested performance-based restricted stock units.

What was the price per share in the Nexstar (NXST) CFO’s reported sale?

The reported sale price was $176.417 per share of Nexstar common stock. This price applies to the 752 shares sold on June 10, 2026 to meet tax withholding obligations tied to recently vested performance-based restricted stock units.

Are the Nexstar (NXST) CFO’s sold shares linked to performance-based RSUs?

Yes. The footnote explains the sale covered taxes from performance-based restricted stock units that vested on June 6, 2026. These units are equity awards whose vesting depends on meeting specified performance conditions over a measurement period.