Nexstar EVP sells 93 shares after RSU vesting
Nexstar Media Group EVP of Human Resources Lindsey Knapp reported routine equity compensation activity.
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Rhea-AI Filing Summary
Nexstar Media Group EVP of Human Resources Lindsey Knapp reported routine equity compensation activity. On June 14, 2026, 375 time-based restricted stock units (RSUs) converted into the same number of Nexstar common shares, reflecting scheduled vesting from a 1,500 RSU award granted on June 14, 2023.
On June 16, 2026, Knapp sold 93 common shares at $170.81 per share. A footnote explains these shares were sold to cover tax withholding obligations tied to the RSU settlement, rather than as a discretionary sale. After the transactions, Knapp directly holds 1,152 common shares and 375 RSUs, with an additional 375 RSUs scheduled to vest on June 14, 2027.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 93 | $170.81 | $16K |
| Exercise | Restricted Stock Units | 375 | $0.00 | $0.00 |
| Exercise | Common Stock | 375 | $0.00 | $0.00 |
Footnotes (3)
- F1. 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.
- F2. 1,500 RSUs were awarded on June 14, 2023, of which, 375 RSUs each vested on June 14, 2024, 2025 and 2026, and, 375 RSUs will vest on June 14, 2027.
- F3. 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
Key Terms
Restricted Stock Units financial
time-based restricted stock unit ("RSU") financial
tax withholding obligations financial
derivative exercise/conversion financial
settlement of RSUs financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did NXST executive Lindsey Knapp report on this Form 4?
What RSU award underlies Lindsey Knapp’s June 2026 Nexstar Form 4 filing?
What role does Lindsey Knapp hold at Nexstar Media Group (NXST)?
AI-generated analysis. How Rhea-AI works. Not financial advice.