Was the Nexstar (NXST) CFO’s share sale an open-market disposition or tax-related?

The filing states the sale was tax-related. Footnotes clarify the 373-share sale reported was executed to cover tax withholding obligations arising from the settlement of RSUs that vested on June 14, 2026.

Nexstar (NXST) CFO settles RSUs, sells 373 shares for taxes

Filing Impact

(Neutral)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Nexstar Media Group EVP and CFO Lee Ann Gliha reported routine equity compensation activity. On June 14, 2026, 938 time-based restricted stock units converted into the same number of common shares as part of a 3,750-unit RSU award granted on June 14, 2023. The award vests in four annual installments.

On June 16, 2026, Gliha sold 373 common shares at $170.81 per share to cover tax withholding obligations tied to the June 14 RSU settlement, according to the footnotes. Following these transactions, she holds 20,075 common shares directly and 937 RSUs scheduled to vest on June 14, 2027.

Insider Trade Summary

Net Seller: 373 shares ($63,712)

Net Sell 3 txns

Insider Gliha Lee Ann

Role EVP, Chief Financial Officer

Sold 373 shs ($64K)

Type	Security	Shares	Price	Value
Sale	Common Stock	373	$170.81	$64K
Exercise	Restricted Stock Units	938	$0.00	--
Exercise	Common Stock	938	$0.00	--

Holdings After Transaction: Common Stock — 20,075 shares (Direct, null); Restricted Stock Units — 937 shares (Direct, null)

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 RSUs that vested on June 14, 2026.

Key Figures

Shares sold: 373 shares Sale price: $170.81 per share Shares after transaction: 20,075 shares +3 more

6 metrics

Shares sold 373 shares Common stock sale on June 16, 2026

Sale price $170.81 per share Price for 373-share sale to cover taxes

Shares after transaction 20,075 shares Common stock directly held after reported transactions

RSUs converted 938 units RSUs converting to common stock on June 14, 2026

Remaining RSUs 937 units RSUs scheduled to vest on June 14, 2027

Original RSU grant 3,750 units Time-based RSU award granted June 14, 2023

Key Terms

Restricted Stock Units, time-based restricted stock unit, tax withholding obligations, derivative exercise/conversion

4 terms

Restricted Stock Units financial

"security_title": "Restricted Stock Units""

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

time-based restricted stock unit financial

"Each time-based restricted stock unit ("RSU") is converted into one share"

tax withholding obligations financial

"shares sold by the Reporting Person to cover tax withholding obligations"

derivative exercise/conversion financial

"transaction_action": "derivative exercise/conversion""

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Form 4 Insider Transactions: What Each Field Means →

06/16/2026 - 07:17 PM

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^*

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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	EVP, Chief Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/14/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/14/2026		M		938	A	⁽¹⁾⁽²⁾	20,448	D
Common Stock	06/16/2026		S⁽³⁾		373	D	$170.81	20,075	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	06/14/2026		M			938	⁽²⁾	⁽²⁾	Common Stock	938	$0	937	D

Explanation of Responses:

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.

2. 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.

3. 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 RSUs that vested on June 14, 2026.

	/s/ Mark Hoyla, Attorney-in-Fact for Lee Ann Gliha	06/16/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Nexstar (NXST) CFO Lee Ann Gliha report?

Lee Ann Gliha reported RSU vesting and a small share sale. 938 RSUs converted into common stock, and 373 shares were sold to cover tax withholding obligations related to the June 14, 2026 RSU settlement.

How many Nexstar (NXST) shares did the CFO sell and at what price?

The CFO sold 373 shares of Nexstar common stock at $170.81 per share. The filing states this sale was specifically to cover tax withholding obligations from recently vested restricted stock units.

How many Nexstar (NXST) shares does the CFO hold after these transactions?

After the reported transactions, the CFO directly holds 20,075 shares of Nexstar common stock. She also holds 937 restricted stock units that are scheduled to vest on June 14, 2027 under the existing RSU award.

What is the vesting schedule of the Nexstar (NXST) CFO’s RSU award?

The RSU award totals 3,750 units granted on June 14, 2023. According to the filing, 938, 937 and 938 RSUs vested on June 14 of 2024, 2025 and 2026, respectively, and 937 RSUs are scheduled to vest on June 14, 2027.

What type of securities were involved in the Nexstar (NXST) CFO’s Form 4 filing?

The filing involves common stock and restricted stock units. RSUs converted into common shares upon vesting, and a portion of those shares, 373, were then sold to satisfy tax withholding obligations related to the RSU settlement.