Lee Ann Gliha - 14 Jun 2025 Form 4 Insider Report for NEXSTAR MEDIA GROUP, INC. (NXST)

Role: EVP, Chief Financial Officer
Signature: /s/ Mark Hoyla, Attorney-in-Fact for Lee Ann Gliha
Issuer symbol: NXST
Transactions as of: 14 Jun 2025
Net transactions value: -$125,094
Form type: 4
Filing time: 17 Jun 2025, 18:02:43 UTC
Previous filing: 05 Jun 2025
Next filing: 14 Aug 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Gliha Lee Ann	EVP, Chief Financial Officer	545 E. JOHN CARPENTER FREEWAY, IRVING	/s/ Mark Hoyla, Attorney-in-Fact for Lee Ann Gliha	17 Jun 2025	0001878264

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NXST	Common Stock	Options Exercise	$0	+937	+8%	$0.000000	12,646	14 Jun 2025	Direct	F1, F2
transaction	NXST	Common Stock	Options Exercise	$0	+937	+7.4%	$0.000000	13,583	14 Jun 2025	Direct	F1, F3
transaction	NXST	Common Stock	Sale	$125,094	-757	-5.6%	$165.25	12,826	17 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	-937	-33%	$0.000000	1,875	14 Jun 2025	Common Stock	937		Direct	F1, F2, F5
transaction	NXST	Restricted Stock Units	Options Exercise	$0	-937	-33%	$0.000000	1,875	14 Jun 2025	Common Stock	937		Direct	F1, F3, F5

* 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. 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 metric.
F2	3,750 RSUs were awarded on June 14, 2023, of which, 938 and 937 RSUs vested on June 14, 2024 and 2025, respectively, and, 938 and 937 RSUs will vest on June 14, 2026 and 2027, respectively.
F3	3,750 PSUs were awarded on June 14, 2023, of which, 938 and 937 PSUs vested on June 14, 2024 and 2025, respectively, and, 938 and 937 PSUs will vest on June 14, 2026 and 2027, respectively, subject to the achievement of pre-established company performance metric. For the 937 PSUs that vested on June 14, 2025, the Compensation Committee of Nexstar's Board of Directors performed an assessment and determined that the conditions were satisfied.
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 June 14, 2025.
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.