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

Role
EVP, Operations
Signature
/s/ Mark Hoyla, Attorney-in-Fact for Blake Russell
Issuer symbol
NXST
Transactions as of
17 May 2025
Net transactions value
-$74,424
Form type
4
Filing time
20 May 2025, 19:12:24 UTC
Previous filing
26 Mar 2025
Next filing
28 May 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Russell Blake EVP, Operations C/O NEXSTAR MEDIA GROUP, INC., 545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING /s/ Mark Hoyla, Attorney-in-Fact for Blake Russell 20 May 2025 0001418459

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NXST Common Stock Options Exercise $0 +1,750 +8.5% $0.000000 22,319 17 May 2025 Direct F1, F2
transaction NXST Common Stock Sale $74,424 -424 -1.9% $175.53 21,895 20 May 2025 Direct F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NXST Restricted Stock Units Options Exercise $0 -1,750 -100% $0.000000 0 17 May 2025 Common Stock 1,750 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each time-based restricted stock unit ("RSU") is converted into one share of Nexstar's Common Stock at the vesting date.
F2 7,000 RSUs were awarded on May 17, 2021, of which, 1,750 RSUs vested at each anniversary of the award through May 17, 2025.
F3 The RSUs have no expiration. However, any and all unvested portion of RSUs shall be forfeited and cancelled should the awardee's employment terminate for any reason other than a company change of control.
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 that vested on May 17, 2025.