Nexstar Media Group (NXST) counsel sells 3,127 shares at $213.72

Rhea-AI Filing Summary

NEXSTAR MEDIA GROUP, INC. executive vice president and general counsel Rachel Morgan sold 3,127 shares of common stock on March 27, 2026 in an open-market transaction at an average price of $213.7234 per share, leaving her with no directly owned shares reported after the sale.

Insider Trade Summary

Net Seller: 3,127 shares ($668,313)

Net Sell 1 txn

Insider Morgan Rachel

Role EVP General Counsel

Sold 3,127 shs ($668K)

Type	Security	Shares	Price	Value
Sale	Common Stock	3,127	$213.7234	$668K

Holdings After Transaction: Common Stock — 0 shares (Direct)

Footnotes (1)

Key Figures

Shares sold: 3,127 shares Sale price: $213.7234 per share Shares held after transaction: 0 shares

3 metrics

Shares sold 3,127 shares Open-market sale of common stock on March 27, 2026

Sale price $213.7234 per share Average sale price for 3,127 common shares

Shares held after transaction 0 shares Directly owned Nexstar common stock after reported sale

Key Terms

open-market sale, Common Stock, EVP General Counsel

3 terms

open-market sale financial

"transaction_action: "open-market sale""

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

"security_title: "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.

EVP General Counsel financial

"officer_title: "EVP General Counsel""

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

Morgan Rachel

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP General Counsel

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/27/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/27/2026		S		3,127	D	$213.7234	0	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ Mark Hoyla, Attorney-in-Fact for Rachel Morgan	03/31/2026
	** Signature of Reporting Person	Date
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 NXST executive Rachel Morgan report?

Rachel Morgan reported an open-market sale of 3,127 shares of Nexstar Media Group common stock. The transaction occurred on March 27, 2026, and was executed at an average price of $213.7234 per share, as reflected in the Form 4 filing.

At what price did Rachel Morgan sell Nexstar (NXST) shares?

Rachel Morgan’s Nexstar share sale was executed at an average price of $213.7234 per share. This price applies to the 3,127 common shares sold in the open market, according to the Form 4 insider transaction disclosure filed for Nexstar Media Group.

How many Nexstar (NXST) shares did Rachel Morgan sell in the latest filing?

Rachel Morgan sold 3,127 shares of Nexstar Media Group common stock. The Form 4 indicates this was an open-market transaction and that these shares represented her entire directly held position following the transaction reported in the filing.

Does Rachel Morgan hold any Nexstar shares after this Form 4 transaction?

After the reported transaction, Rachel Morgan’s directly owned Nexstar common stock holdings are shown as zero shares. The Form 4 lists 0.0000 total shares following the sale, indicating she no longer has directly reported ownership in this security.

What role does Rachel Morgan hold at Nexstar Media Group (NXST)?

Rachel Morgan serves as executive vice president and general counsel at Nexstar Media Group. Her officer status and title are disclosed in the Form 4, which also details her recent open-market sale of 3,127 shares of Nexstar common stock.