GARY WEITMAN - 03 Jun 2025 Form 4 Insider Report for NEXSTAR MEDIA GROUP, INC. (NXST)

Signature
/s/ Mark Hoyla, Attorney-in-Fact for Gary Weitman
Issuer symbol
NXST
Transactions as of
03 Jun 2025
Net transactions value
-$54,356
Form type
4
Filing time
05 Jun 2025, 14:33:52 UTC
Previous filing
28 May 2025
Next filing
17 Jun 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
WEITMAN GARY EVP, Chief Communications Officer 545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING /s/ Mark Hoyla, Attorney-in-Fact for Gary Weitman 05 Jun 2025 0001789720

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NXST Common Stock Options Exercise $0 +1,312 +20% $0.000000 7,750 03 Jun 2025 Direct F1, F2
transaction NXST Common Stock Sale $54,356 -325 -4.2% $167.25 7,425 04 Jun 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 -1,312 -50% $0.000000 1,313 03 Jun 2025 Common Stock 1,312 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 5,250 RSUs were awarded on June 3, 2022, of which, 1,312, 1,313 and 1,312 RSUs vested on June 3, 2023, 2024 and 2025, and, 1,313 RSUs will vest on June 3, 2026.
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 June 3, 2025.

Remarks:

EVP, Chief Communications Officer