Nexstar Media Group (NXST) director sells 1,000 common shares
Filing Impact
Filing Sentiment
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 Trade Summary
Net Seller: 1,000 shares ($180,000)
Net Sell
1 txn
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)
Key Figures
Shares sold: 1,000 shares
Sale price per share: $180.00 per share
Shares owned after transaction: 5,658 shares
3 metrics
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
Key Terms
Form 4, open-market sale, Common Stock, transaction code "S"
4 terms
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"
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.
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.