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  4. [Form 4] NEXSTAR MEDIA GROUP, INC. Insider Trading Activity

Nexstar (NXST) HR EVP reports RSU vesting and small tax-related share sale

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

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.

Positive

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Insider Knapp Lindsey
Role EVP, Human Resources
Sold 93 shs ($16K)
Type Security Shares Price Value
Sale Common Stock 93 $170.81 $16K
Exercise Restricted Stock Units 375 $0.00 --
Exercise Common Stock 375 $0.00 --
Holdings After Transaction: Common Stock — 1,152 shares (Direct, null); Restricted Stock Units — 375 shares (Direct, null)
Footnotes (1)
  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. 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. 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.
Shares sold 93 shares Common stock sold on June 16, 2026 at $170.81
Sale price $170.81 per share Open-market sale on June 16, 2026
RSUs converted 375 RSUs RSUs converted to common stock on June 14, 2026
Common shares held 1,152 shares Direct holdings after reported transactions
RSUs outstanding 375 RSUs Restricted stock units remaining after June 14, 2026 conversion
Future RSU vesting 375 RSUs Scheduled to vest on June 14, 2027
Original RSU grant 1,500 RSUs Awarded on June 14, 2023
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 ("RSU") 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""
settlement of RSUs financial
"in connection with the settlement of RSUs that vested on June 14, 2026"
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Form 4 Insider Transactions: What Each Field Means →

FAQ

What insider transactions did NXST executive Lindsey Knapp report on this Form 4?
Lindsey Knapp reported RSU vesting and a related share sale. 375 restricted stock units converted into common shares on June 14, 2026, and 93 common shares were sold on June 16, 2026 to cover tax withholding obligations from that RSU settlement.

How many Nexstar (NXST) shares did Lindsey Knapp sell and at what price?
Lindsey Knapp sold 93 shares of Nexstar common stock at $170.81 per share. The filing notes this sale was made to satisfy tax withholding obligations arising from recently vested restricted stock units, rather than as a discretionary open-market liquidation.

What RSU award underlies Lindsey Knapp’s June 2026 Nexstar Form 4 filing?
The activity relates to a 1,500 RSU award granted on June 14, 2023. According to the filing, 375 RSUs vested on June 14 of 2024, 2025, and 2026, with the remaining 375 RSUs scheduled to vest on June 14, 2027, subject to continued service.

How many Nexstar (NXST) shares does Lindsey Knapp hold after these transactions?
Following the June 2026 transactions, Lindsey Knapp directly holds 1,152 shares of Nexstar common stock. The filing also shows 375 restricted stock units outstanding, with another 375 RSUs from the same grant expected to vest on June 14, 2027, if service conditions are met.

Was Lindsey Knapp’s sale of Nexstar shares a discretionary sale or for taxes?
The filing states the 93-share sale was to cover tax withholding obligations on vested RSUs. This means the disposition was tied to the compensation event rather than a discretionary decision to reduce ownership, which generally carries less informational value for investors.

What role does Lindsey Knapp hold at Nexstar Media Group (NXST)?
Lindsey Knapp is Nexstar Media Group’s Executive Vice President of Human Resources. The Form 4 reflects equity compensation activity associated with this executive role, including vesting of time-based restricted stock units and a small share sale to satisfy related tax obligations.
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*
Knapp Lindsey
(Last)(First)(Middle)
545 E. JOHN CARPENTER FREEWAY
SUITE 700
(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, Human Resources
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/14/2026		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 Stock06/14/2026M375A(1)(2)1,245D
Common Stock06/16/2026S(3)93D$170.811,152D
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
Restricted Stock Units(1)06/14/2026M375 (2) (2)Common Stock375$0375D
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. 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.
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 Lindsey Knapp06/16/2026
** 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)

Source: View Original Filing on SEC EDGAR