Nexstar (NXST) Networks president sells 5,000 shares at $196
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NEXSTAR MEDIA GROUP, INC. executive Sean Compton, President, Networks, reported an open-market sale of 5,000 shares of common stock at $196.00 per share. After this sale, he directly holds 11,252 common shares. The filing reflects one non-derivative transaction and no derivative positions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,000 shares ($980,000)
Net Sell
1 txn
Insider
COMPTON SEAN
Role
President, Networks
Sold
5,000 shs ($980K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,000 | $196.00 | $980K |
Holdings After Transaction:
Common Stock — 11,252 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 5,000 shares
Sale price: $196.00 per share
Shares owned after transaction: 11,252 shares
+1 more
4 metrics
Shares sold
5,000 shares
Open-market sale of common stock
Sale price
$196.00 per share
Reported transaction price for the sale
Shares owned after transaction
11,252 shares
Direct common stock holdings post-sale
Net buy/sell shares
5,000 shares net sold
NetSell direction in transaction summary
Key Terms
Form 4, open-market sale, non-derivative, beneficially owned, +1 more
5 terms
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
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.
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.
non-derivative financial
""transaction_type": "non-derivative""
beneficially owned financial
""total_shares_following_transaction": "11252.0000""
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
transaction code S regulatory
""transaction_code": "S""
FAQ
What insider transaction did NXST executive Sean Compton report?
Sean Compton reported an open-market sale of 5,000 shares of Nexstar Media Group common stock. The transaction used code S, indicating a sale in the open market or private transaction at a reported price of $196.00 per share.
What is Sean Compton’s role at Nexstar Media Group (NXST)?
Sean Compton is identified as an officer of Nexstar Media Group with the title President, Networks. This officer role is disclosed in the Form 4 reporting the open-market sale of 5,000 common shares and his remaining 11,252 directly owned shares.
Does the Sean Compton Form 4 for NXST include derivative securities?
The Form 4 for Sean Compton reports only a non-derivative transaction in common stock. The derivativeSummary section is empty, indicating no option exercises, conversions, or other derivative security transactions were reported in this particular filing.