Form 4 for NXST NEXSTAR MEDIA GROUP, INC.
Accepted 2025-05-28 00:00:00 ET · period of report 2025-05-23 · accession 0000950170-25-078288 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2025-05-28 | 2025-05-23 | NXST | Jenkins Brett | See Remarks | M - OptEx | $0.00 | +1,500 | 23.7K | +7% | $0 |
| D | 2025-05-28 | 2025-05-27 | NXST | Jenkins Brett | See Remarks | S - Sale+OE | $173.59 | -451 | 24.0K | -2% | -$78.3K |
| DM | 2025-05-28 | 2025-05-23 | NXST | Jenkins Brett | See Remarks | M - OptEx | $0.00 | -1,500 | 2,250 | -40% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-05-23 | M | A | 750 | $0.00 | 24,477 | D | — | — | (F1) 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. (F3) 3,000 PSUs were awarded on May 23, 2024, of which, 750 PSUs vest at each anniversary of the award through May 23, 2028, subject to the achievement of pre-established company performance metric. For the 750 PSUs that were scheduled to vest on May 23, 2025, the Compensation Committee of Nexstar's Board of Directors performed an assessment and determined that the conditions were satisfied. Thus, the 750 PSUs vested in full on May 23, 2025. |
| 2 | Common | Common Stock | 2025-05-27 | S | D | 451 | $173.59 | 24,026 | D | — | — | |
| 3 | Common | Common Stock | 2025-05-23 | M | A | 750 | $0.00 | 23,727 | D | — | — | (F2) 3,000 RSUs were awarded on May 23, 2024, of which, 750 RSUs vest at each anniversary of the award through May 23, 2028. (F1) 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. |
| 4 | Derivative | Restricted Stock Units | 2025-05-23 | M | D | 750 | $0.00 | 2,250 | D | — · — to — | 750 Common Stock | (F1) 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. (F2) 3,000 RSUs were awarded on May 23, 2024, of which, 750 RSUs vest at each anniversary of the award through May 23, 2028. (F5) 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. |
| 5 | Derivative | Restricted Stock Units | 2025-05-23 | M | D | 750 | $0.00 | 2,250 | D | — · — to — | 750 Common Stock | (F1) 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. (F3) 3,000 PSUs were awarded on May 23, 2024, of which, 750 PSUs vest at each anniversary of the award through May 23, 2028, subject to the achievement of pre-established company performance metric. For the 750 PSUs that were scheduled to vest on May 23, 2025, the Compensation Committee of Nexstar's Board of Directors performed an assessment and determined that the conditions were satisfied. Thus, the 750 PSUs vested in full on May 23, 2025. (F5) 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. |