Home > Insider Trading > Filing (0000950170-24-075091)

Filing Details

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
1878264	Ann Lee Gliha	545 E. John Carpenter Freeway Irving TX 75062	Evp, Chief Financial Officer	No	No	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2024-06-14	938	$150.56	6,400	No	4	M	Direct
Common Stock	Acquisiton	2024-06-14	938	$150.56	7,338	No	4	M	Direct
Common Stock	Disposition	2024-06-17	747	$149.08	6,591	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
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	2024-06-14	938	$0.00	938	$0.00
Common Stock	Restricted Stock Units	Disposition	2024-06-14	938	$0.00	938	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
2,812			No	4	M	Direct
2,812			No	4	M	Direct

Footnotes

The sale reported on this Form 4 represent shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of restricted stock units ("RSUs") and performance-based restricted stock units ("PSUs"). The sale was to satisfy tax withholding obligations to be funded by a "sell to cover" transaction.
Each time-based RSU is converted into one share of Nexstar's Common Stock at the vesting date. Each PSU represents a contingent right to receive one share of Nexstar's common stock, subject to the achievement of pre-established company performance metrics.
3,750 RSUs were awarded on June 14, 2023, of which 938 RSUs vested on June 14, 2024, and, 937, 938 and 937 RSUs will vest on June 14, 2025, 2026 and 2027, respectively.
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.
3,750 PSUs were awarded on June 14, 2023, of which 938 PSUs vested on June 14, 2024, and, 937, 938 and 937 PSUs will vest on June 14, 2025, 2026 and 2027, respectively, subject to the achievement of pre-established company performance metrics. For the 938 PSUs that vested on June 14, 2024, the Compensation Committee of Nexstar's Board of Directors performed an assessment and determined that the conditions were satisfied, thus the 938 PSUs vested in full on June 14, 2024.