Filing Details
- Accession Number:
- 0000950170-25-087556
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2025-06-17 18:17:35
- Reporting Period:
- 2025-06-14
- Filing Date:
- 2025-06-17
- Accepted Time:
- 2025-06-17 18:17:35
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1142417 | Nexstar Media Group Inc. | NXST | Television Broadcasting Stations (4833) | 233083125 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1695625 | Brett Jenkins | C/O Nexstar Media Group, Inc. 545 E. John Carpenter Freeway, Suite 700 Irving TX 75062 | See Remarks | No | No | No | No |
Transaction Summary
| Sold: | 610 shares | Avg. Price: $165.25 | Total Value: $100,802.26 |
| Number of Shares After Transactions: | 25,616 shares | ||
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2025-06-14 | 657 | $0.00 | 25,569 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2025-06-14 | 657 | $0.00 | 26,226 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2025-06-17 | 610 | $165.25 | 25,616 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Restricted Stock Units | Disposition | 2025-06-14 | 657 | $0.00 | 657 | $0.00 |
| Common Stock | Restricted Stock Units | Disposition | 2025-06-14 | 657 | $0.00 | 657 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 1,312 | No | 4 | M | Direct | ||
| 1,312 | No | 4 | M | Direct |
Footnotes
- Each time-based restricted stock unit ("RSU") is converted into one share of Nexstar's common stock at the vesting date. Each performance-based restricted stock unit ("PSU") represents a contingent right to receive one share of Nexstar's common stock, subject to the achievement of pre-established company performance metric.
- 2,625 RSUs were awarded on June 14, 2023, of which, 656 and 657 RSUs vested on June 14, 2024 and 2025, respectively, and, 656 RSUs each will vest on June 14, 2026 and 2027.
- 2,625 PSUs were awarded on June 14, 2023, of which, 656 and 657 PSUs vested on June 14, 2024 and 2025, respectively, and, 656 PSUs each will vest on June 14, 2026 and 2027, subject to the achievement of pre-established company performance metric. For the 657 PSUs that vested on June 14, 2025, the Compensation Committee of Nexstar's Board of Directors performed an assessment and determined that the conditions were satisfied.
- 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 and PSUs that vested on June 14, 2025.
- The RSUs/PSUs have no expiration. However, any and all unvested portion of RSUs/PSUs shall be forfeited and cancelled should the awardee's employment terminate for any reason other than a company change of control.
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