Sean Compton - 17 May 2025 Form 4 Insider Report for NEXSTAR MEDIA GROUP, INC. (NXST)

Reporting relationship: President, Networks
Issuer ticker: NXST
Reported as of: 17 May 2025
Net transaction value: -$190,975
SEC form: 4
Accepted by SEC: 20 May 2025, 18:58:13 UTC
Prior SEC filing: 26 Mar 2025
Next SEC filing: 28 May 2025
Source filing: View source filing
Reporting owner signature: /s/ Mark Hoyla, Attorney-in-Fact for Sean Compton

Key filing fact

Sean Compton filed Form 4 for NEXSTAR MEDIA GROUP, INC. (NXST) on 20 May 2025.

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: 20 May 2025, 18:58.

Change

Previous filing in this sequence was filed on 26 Mar 2025.
Current net transaction value: -$190,975.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001789629 Primary reporting owner

COMPTON SEAN

Relationship: President, Networks
Address: 545 E. JOHN CARPENTER FREEWAY, IRVING
Signature: /s/ Mark Hoyla, Attorney-in-Fact for Sean Compton
Signature date: 20 May 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

NXST transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +1,250
Change %: +12%
Price: $0.000000
Shares after: 11,934
Date: 17 May 2025
Ownership: Direct
Footnotes: F1, F2

NXST transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +1,250
Change %: +10%
Price: $0.000000
Shares after: 13,184
Date: 17 May 2025
Ownership: Direct
Footnotes: F1, F3

NXST transaction

Common Stock

Sale

Transaction value: $190,975
Shares: -1,088
Change %: -8.3%
Price: $175.53
Shares after: 12,096
Date: 20 May 2025
Ownership: Direct
Footnotes: F4

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: -1,250
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 17 May 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 1,250
Exercise price
Footnotes: F1, F2, F5

NXST transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -1,250
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 17 May 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 1,250
Exercise price
Footnotes: F1, F3, 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

Each time-based restricted stock unit ("RSU") is converted into one share of Nexstar's Common Stock at the vesting date. Each performance-based restricted stock unit ("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 F2

5,000 RSUs were awarded on May 17, 2021, of which, 1,250 RSUs vested at each anniversary of the award through May 17, 2025.

Footnote F3

5,000 PSUs were awarded on May 17, 2021, of which 1,250 PSUs vested at each anniversary of the award through May 17, 2025, subject to the achievement of pre-established company performance metrics. For the 1,250 PSUs that were scheduled to vest on May 17, 2025, the Compensation Committee of Nexstar's Board of Directors performed an assessment and determined that the conditions were satisfied. Thus, the 1,250 PSUs vested in full on May 17, 2025.

Footnote F4

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 and PSUs that vested on May 17, 2025.

Footnote F5

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.