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  4. [Form 4] NEXSTAR MEDIA GROUP, INC. Insider Trading Activity

Nexstar (NXST) executive reports RSU vesting and 301-share tax-related sale

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Nexstar Media Group executive Brett Jenkins reported routine equity compensation activity. On June 14, 2026, 656 time-based restricted stock units converted into an equal number of common shares at $0.00 exercise price as part of a 2023 RSU award. On June 16, 2026, 301 common shares were sold at $170.81 per share to cover tax withholding obligations related to the RSU vesting, rather than as a discretionary sale. After these transactions, Jenkins directly held 28,798 Nexstar common shares.

Positive

  • None.

Negative

  • None.

Insights

Routine RSU vesting with tax-related share sale; limited signal.

The activity combines RSU vesting, an associated share issuance, and a small share sale to satisfy tax obligations. The Form 4 shows 656 RSUs converting into common stock at a $0.00 exercise price as part of a time-based award granted in June 2023.

The 301 shares sold at $170.81 per share on June 16, 2026 are explicitly described as covering tax withholding, not a discretionary portfolio move. After these transactions, Brett Jenkins directly holds 28,798 shares, so the tax-related disposition is minor relative to his overall position.

The footnotes also outline the broader RSU schedule, with tranches vesting annually through June 14, 2027. Future filings may show similar patterns when additional RSU tranches vest and trigger related tax-withholding transactions.

Insider Jenkins Brett
Role See Remarks
Sold 301 shs ($51K)
Type Security Shares Price Value
Sale Common Stock 301 $170.81 $51K
Exercise Restricted Stock Units 656 $0.00 --
Exercise Common Stock 656 $0.00 --
Holdings After Transaction: Common Stock — 28,798 shares (Direct, null); Restricted Stock Units — 656 shares (Direct, null)
Footnotes (1)
  1. Each time-based restricted stock unit ("RSU") is converted into one share of Nexstar's Common Stock subject to the Reporting Person's continued service through the applicable vesting date. 2,625 RSUs were awarded on June 14, 2023, of which, 656, 657 and 656 RSUs vested on June 14, 2024, 2025 and 2026, respectively, and, 656 RSUs will vest on June 14, 2027. 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 that vested on June 14, 2026.
Shares sold for tax withholding 301 shares at $170.81 Open-market sale on June 16, 2026 to cover RSU taxes
RSUs converted 656 RSUs Converted into common stock on June 14, 2026
Post-transaction holdings 28,798 shares Common stock directly held after reported transactions
RSU award size 2,625 RSUs Time-based RSUs awarded on June 14, 2023
Future RSU vesting 656 RSUs Scheduled to vest on June 14, 2027
Restricted Stock Units financial
"security_title": "Restricted Stock Units""
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
time-based restricted stock unit ("RSU") financial
"Each time-based restricted stock unit ("RSU") is converted into one share"
tax withholding obligations financial
"shares sold by the Reporting Person to cover tax withholding obligations"
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Jenkins Brett
(Last)(First)(Middle)
C/O NEXSTAR MEDIA GROUP, INC.
545 E. JOHN CARPENTER FREEWAY, SUITE 700
(Street)
IRVING TEXAS 75062
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
NEXSTAR MEDIA GROUP, INC. [ NXST ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
See Remarks
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/14/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/14/2026M656A(1)(2)29,099D
Common Stock06/16/2026S(3)301D$170.8128,798D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)06/14/2026M656 (2) (2)Common Stock656$0656D
Explanation of Responses:
1. Each time-based restricted stock unit ("RSU") is converted into one share of Nexstar's Common Stock subject to the Reporting Person's continued service through the applicable vesting date.
2. 2,625 RSUs were awarded on June 14, 2023, of which, 656, 657 and 656 RSUs vested on June 14, 2024, 2025 and 2026, respectively, and, 656 RSUs will vest on June 14, 2027.
3. 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 that vested on June 14, 2026.
Remarks:
EVP, Chief Technology & Digital Officer
/s/ Mark Hoyla, Attorney-in-Fact for Brett Jenkins06/16/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Nexstar (NXST) executive Brett Jenkins report?

Brett Jenkins reported RSU vesting and a related tax sale. 656 restricted stock units converted into common shares, and 301 shares were sold at $170.81 each to cover tax withholding. After these moves, he directly held 28,798 Nexstar common shares.

Was the Nexstar (NXST) share sale by Brett Jenkins a discretionary sale?

The 301-share sale was not discretionary; it covered tax withholding. Footnotes state the sale related to RSUs that vested on June 14, 2026, with shares sold at $170.81 solely to satisfy tax obligations from that equity award settlement.

How many Nexstar (NXST) shares does Brett Jenkins hold after these transactions?

Following the RSU conversion and tax-related sale, Brett Jenkins directly holds 28,798 Nexstar common shares. This figure reflects the net position after 656 RSUs converted into shares and 301 shares were sold to meet associated tax withholding obligations.

What RSU award schedule is disclosed for Nexstar (NXST) executive Brett Jenkins?

Footnotes describe a 2,625-unit RSU award granted June 14, 2023. Tranches of 656, 657 and 656 RSUs vested on June 14 of 2024, 2025 and 2026, respectively, with an additional 656 restricted stock units scheduled to vest on June 14, 2027.

How many Nexstar (NXST) RSUs did Brett Jenkins convert into shares in June 2026?

In June 2026, 656 restricted stock units converted into an equal number of Nexstar common shares. Each time-based RSU converts into one share, contingent on continued service through the vesting date, as specified in the accompanying Form 4 footnotes.