Form 4 for NXST NEXSTAR MEDIA GROUP, INC.
Accepted 2025-06-17 00:00:00 ET · period of report 2025-06-14 · accession 0000950170-25-087552 · 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 | 2025-06-17 | 2025-06-14 | NXST | Morgan Rachel | EVP GC | M - OptEx | $0.00 | +1,314 | 1,794 | +274% | $0 |
| D | 2025-06-17 | 2025-06-17 | NXST | Morgan Rachel | EVP GC | S - Sale+OE | $165.25 | -329 | 2,122 | -13% | -$54.4K |
| DM | 2025-06-17 | 2025-06-14 | NXST | Morgan Rachel | EVP GC | M - OptEx | $0.00 | -1,314 | 1,312 | -50% | $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 | 2025-06-14 | M | A | 657 | $0.00 | 2,451 | D | — | — | (F3) 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. (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. |
| 2 | Common | Common Stock | 2025-06-17 | S | D | 329 | $165.25 | 2,122 | D | — | — | |
| 3 | Common | Common Stock | 2025-06-14 | M | A | 657 | $0.00 | 1,794 | D | — | — | (F2) 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. (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 | 2025-06-14 | M | D | 657 | $0.00 | 1,312 | D | — · — to — | 657 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) 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. (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 | 2025-06-14 | M | D | 657 | $0.00 | 1,312 | D | — · — to — | 657 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) 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. (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. |