PERRY A. SOOK - 01 Mar 2026 Form 4 Insider Report for NEXSTAR MEDIA GROUP, INC. (NXST)

Role
Chief Executive Officer, Director
Signature
/s/ Mark Hoyla, Attorney-in-Fact for Perry A. Sook
Issuer symbol
NXST
Transactions as of
01 Mar 2026
Net transactions value
-$11,507,539
Form type
4
Filing time
03 Mar 2026, 14:12:38 UTC
Previous filing
05 Mar 2025
Next filing
04 Mar 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
SOOK PERRY A Chief Executive Officer, Director C/O NEXSTAR MEDIA GROUP, INC., 545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING /s/ Mark Hoyla, Attorney-in-Fact for Perry A. Sook 03 Mar 2026 0001250261

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NXST Common Stock Options Exercise $0 +37,612 +4.9% $0.000000 810,807 01 Mar 2026 Direct F1, F2
transaction NXST Common Stock Options Exercise $0 +45,259 +5.6% $0.000000 856,066 01 Mar 2026 Direct F1, F3
transaction NXST Common Stock Options Exercise $0 +36,950 +4.3% $0.000000 893,016 02 Mar 2026 Direct F1, F4
transaction NXST Common Stock Tax liability $11,507,539 -46,544 -5.2% $247.24 846,472 02 Mar 2026 Direct
holding NXST Common Stock 975,956 01 Mar 2026 PS Sook Ltd. F5

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 -37,612 -100% $0.000000 0 01 Mar 2026 Common Stock 37,612 Direct F1, F2, F6
transaction NXST Restricted Stock Units Options Exercise $0 -37,612 -100% $0.000000 0 01 Mar 2026 Common Stock 45,259 Direct F1, F3, F6
transaction NXST Restricted Stock Units Options Exercise $0 -36,950 -50% $0.000000 36,949 02 Mar 2026 Common Stock 36,950 Direct F1, F4, F6
transaction NXST Restricted Stock Units Award $0 +40,446 $0.000000 40,446 02 Mar 2026 Common Stock 40,446 Direct F1, F6, F7
transaction NXST Restricted Stock Units Award $0 +60,670 $0.000000 60,670 02 Mar 2026 Common Stock 60,670 Direct F1, F6, F8
* 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 the right to receive, following vesting, between 0% and 200% of one share of Nexstar's Common Stock, subject to the level of achievement of pre-established company performance metrics.
F2 75,224 RSUs were awarded on March 1, 2024, of which 37,612 RSUs vested each on March 1, 2025 and March 1, 2026.
F3 75,224 target PSUs were awarded on March 1, 2024. The number of shares of Nexstar's Common Stock that may be earned is between 0% and 200% of the target number of PSUs. The Compensation Committee of Nexstar's Board of Directors performed an assessment and determined that the conditions to receive 120.33% of the target number of PSUs were satisfied. Thus, the 37,612 target PSUs that vested on March 1, 2025, and again on March 1, 2026, were each converted into 45,259 shares of Nexstar common stock.
F4 73,899 RSUs were awarded on March 1, 2025, of which 36,950 RSUs vested on March 2, 2026 and 36,949 RSUs vest on March 3, 2027.
F5 The 975,956 shares of common stock owned by PS Sook Ltd., of which Mr. Sook and his spouse are the beneficial owners.
F6 The RSUs/PSUs have no expiration and are subject to accelerated vesting in the event of termination of the Reporting Person's employment under certain circumstances, including change in control, a reason by the Company other than for cause, or for good reason.
F7 40,446 RSUs were awarded on March 2, 2026, of which 13,482 RSUs vest at each anniversary of the award through March 2, 2029.
F8 60,670 target PSUs were awarded on March 2, 2026 which vest in full on March 2, 2029, subject to the achievement of the pre-established company performance metric. The number of shares of Nexstar's Common Stock that may be earned is between 0% and 200% of the target number of PSUs.