Key facts
- This page summarizes Sean Compton's Form 4 filing for NEXSTAR MEDIA GROUP, INC. (NXST).
- 5 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 18 Jun 2024, 18:36.
Sean Compton - 14 Jun 2024 Form 4 Insider Report for NEXSTAR MEDIA GROUP, INC. (NXST)
- Reporting relationship
- President, Networks
- Issuer ticker
- NXST
- Reported as of
- 14 Jun 2024
- Net transaction value
- +$157,227
- SEC form
- 4
- Accepted by SEC
- 18 Jun 2024, 18:36:59 UTC
- Prior SEC filing
- 05 Jun 2024
- Next SEC filing
- 16 Aug 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Mark Hoyla, Attorney-in-Fact for Sean Compton
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Sean Compton filed Form 4 for NEXSTAR MEDIA GROUP, INC. (NXST) on 18 Jun 2024.
Change
- Previous filing in this sequence was filed on 05 Jun 2024.
- Current net transaction value: +$157,227.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
NXST
transaction
Common Stock
Options Exercise
- Transaction value
- $141,225
- Shares
- +938
- Change %
- +6.9%
- Price
- $150.56
- Shares after
- 14,516
- Date
- 14 Jun 2024
- Ownership
- Direct
NXST
transaction
Common Stock
Options Exercise
- Transaction value
- $141,225
- Shares
- +938
- Change %
- +6.5%
- Price
- $150.56
- Shares after
- 15,454
- Date
- 14 Jun 2024
- Ownership
- Direct
NXST
transaction
Common Stock
Sale
- Transaction value
- $125,223
- Shares
- -840
- Change %
- -5.4%
- Price
- $149.08
- Shares after
- 14,614
- Date
- 17 Jun 2024
- Ownership
- Direct
- Footnotes
- F1
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
NXST
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -938
- Change %
- -25%
- Price
- $0.000000
- Shares after
- 2,812
- Date
- 14 Jun 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 938
- Exercise price
- Footnotes
- F2, F3, F4
NXST
transaction
Derivative
Restricted Stock Units
Options Exercise
- Transaction value
- $0
- Shares
- -938
- Change %
- -25%
- Price
- $0.000000
- Shares after
- 2,812
- Date
- 14 Jun 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 938
- Exercise price
- Footnotes
- F2, F4, F5
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 5 footnotes
Footnote F1
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 restricted stock units ("RSUs") and performance-based restricted stock units ("PSUs"). The sale was to satisfy tax withholding obligations to be funded by a "sell to cover" transaction.
Footnote F2
Each time-based RSU is converted into one share of Nexstar's Common Stock at the vesting date. Each PSU represents a contingent right to receive one share of Nexstar's common stock, subject to the achievement of pre-established company performance metrics.
Footnote F3
3,750 RSUs were awarded on June 14, 2023, of which 938 RSUs vested on June 14, 2024, and, 937, 938 and 937 RSUs will vest on June 14, 2025, 2026 and 2027, respectively.
Footnote F4
The RSUs/PSUs have no expiration. However, any and all unvested portion of RSUs/PSUs shall be forfeited and cancelled should the awardee's employment terminate for any reason other than a company change of control.
Footnote F5
3,750 PSUs were awarded on June 14, 2023, of which 938 PSUs vested on June 14, 2024, and, 937, 938 and 937 PSUs will vest on June 14, 2025, 2026 and 2027, respectively, subject to the achievement of pre-established company performance metrics. For the 938 PSUs that vested on June 14, 2024, the Compensation Committee of Nexstar's Board of Directors performed an assessment and determined that the conditions were satisfied, thus the 938 PSUs vested in full on June 14, 2024.