Sean Compton - 17 May 2022 Form 4 Insider Report for NEXSTAR MEDIA GROUP, INC. (NXST)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
19 May 2022, 12:29:31 UTC
Prior SEC filing
12 Apr 2022
Next SEC filing
06 Jun 2022
Source filing
View source filing
Reporting owner 1 detail
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 19 May 2022.

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: 19 May 2022, 12:29.

Change

  • Previous filing in this sequence was filed on 12 Apr 2022.
  • Current net transaction value: +$248,176.

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

Reported non-derivative transactions

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

NXST transaction

Class A Common Stock

Options Exercise

Transaction value
$223,100
Shares
+1,250
Change %
+19%
Price
$178.48
Shares after
7,933
Date
17 May 2022
Ownership
Direct
NXST transaction

Class A Common Stock

Options Exercise

Transaction value
$223,100
Shares
+1,250
Change %
+16%
Price
$178.48
Shares after
9,183
Date
17 May 2022
Ownership
Direct
NXST transaction

Class A Common Stock

Sale

Transaction value
$198,024
Shares
-1,139
Change %
-12%
Price
$173.86
Shares after
8,044
Date
18 May 2022
Ownership
Direct

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 %
-6.2%
Price
$0.000000
Shares after
18,750
Date
17 May 2022
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
1,250
Exercise price
Footnotes
F1, F2, F3
NXST transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-1,250
Change %
-6.7%
Price
$0.000000
Shares after
17,500
Date
17 May 2022
Ownership
Direct
Underlying class
Class A Common Stock
Underlying amount
1,250
Exercise price
Footnotes
F1, F3, F4
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

As restricted stock units ("RSUs") vest, they are converted into shares of Class A Common Stock on a one-for-one basis at the vesting date.

Footnote F2

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

Footnote 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.

Footnote F4

5,000 performance-based RSUs ("PSUs") were awarded on May 17, 2021, of which 1,250 PSUs vest 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, 2022, 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, 2022.

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