Filing Details
- Accession Number:
- 0000950170-24-099937
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-08-22 17:23:17
- Reporting Period:
- 2024-08-21
- Accepted Time:
- 2024-08-22 17:23:17
- 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 |
---|---|---|---|---|---|---|---|
1990398 | Michael Biard | C/O Nexstar Media Group, Inc. 545 E. John Carpenter Freeway, Suite 700 Irving TX 75062 | President & Coo | 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 | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2024-08-21 | 6,250 | $0.00 | 6,250 | No | 4 | M | Direct | |
Common Stock | Disposition | 2024-08-22 | 2,458 | $169.28 | 3,792 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
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 | 2024-08-21 | 6,250 | $0.00 | 6,250 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
18,750 | 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.
- 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 RSUs. The sale was to satisfy tax withholding obligations to be funded by a "sell to cover" transaction.
- 25,000 RSUs were awarded on August 21, 2023, of which 6,250 RSUs vest at each anniversary of the award through August 21, 2027.
- The RSUs have no expiration. However, any and all unvested portion of RSUs shall be forfeited and cancelled should the awardee's employment terminate for any reason other than a company change of control.