STOCK TITAN

Nexstar Media Group (NXST) director sells 1,000 common shares

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

Rhea-AI Filing Summary

NEXSTAR MEDIA GROUP, INC. director Charles Thomas McMillen reported an open-market sale of Common Stock. On June 9, 2026, he sold 1,000 shares at $180.00 per share. After this transaction, he directly holds 5,658 shares of Nexstar Media Group common stock.

Positive

  • None.

Negative

  • None.
Insider McMillen Charles Thomas
Role null
Sold 1,000 shs ($180K)
Type Security Shares Price Value
Sale Common Stock 1,000 $180.00 $180K
Holdings After Transaction: Common Stock — 5,658 shares (Direct, null)
Footnotes (1)
Shares sold 1,000 shares Open-market sale on June 9, 2026
Sale price per share $180.00 per share Open-market sale of common stock
Shares owned after transaction 5,658 shares Director’s direct holdings following sale
Form 4 regulatory
"as disclosed in a Form 4 insider trading report filed"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
open-market sale financial
"he executed an open-market sale of common stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"reported an open-market sale of Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
transaction code "S" regulatory
"as indicated by transaction code "S" and the filing’s"
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Learn about SEC filing dates
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*
McMillen Charles Thomas

(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/09/2026
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 Stock06/09/2026S1,000D$1805,658D
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
Explanation of Responses:
/s/ Mark Hoyla, Attorney-in-Fact for Charles Thomas McMillen06/09/2026
** 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)

FAQ

What insider transaction did Nexstar Media Group (NXST) report?

Nexstar Media Group reported that director Charles Thomas McMillen executed an open-market sale of common stock. He sold 1,000 shares at $180.00 per share, as disclosed in a Form 4 insider trading report filed with regulators.

How many Nexstar Media Group (NXST) shares did the director sell and at what price?

Director Charles Thomas McMillen sold 1,000 shares of Nexstar Media Group common stock. The reported sale price was $180.00 per share in an open-market transaction dated June 9, 2026, according to the Form 4 filing.

How many Nexstar Media Group (NXST) shares does the director hold after the sale?

After the reported sale, director Charles Thomas McMillen directly owns 5,658 shares of Nexstar Media Group common stock. This post-transaction holding reflects his remaining direct ownership as reported in the Form 4 insider trading disclosure.

Was the Nexstar Media Group (NXST) insider trade a buy or a sell?

The Nexstar Media Group insider trade was a sell transaction. Director Charles Thomas McMillen conducted an open-market sale of 1,000 common shares at $180.00 per share, as indicated by transaction code "S" and the filing’s transaction details.

What type of security was involved in the Nexstar Media Group (NXST) insider transaction?

The transaction involved Nexstar Media Group common stock. Director Charles Thomas McMillen sold 1,000 shares of this common stock at a reported price of $180.00 per share in an open-market sale disclosed on Form 4.