Lee Ann Gliha - 13 Aug 2025 Form 4 Insider Report for NEXSTAR MEDIA GROUP, INC. (NXST)

Signature
/s/ Mark Hoyla, Attorney-in-Fact for Lee Ann Gliha
Issuer symbol
NXST
Transactions as of
13 Aug 2025
Net transactions value
-$206,679
Form type
4
Filing time
14 Aug 2025, 11:45:47 UTC
Previous filing
17 Jun 2025
Next filing
23 Dec 2025

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 14 Aug 2025 0001878264

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NXST Common Stock Options Exercise $0 +1,250 +9.7% $0.000000 14,076 13 Aug 2025 Direct F1, F2
transaction NXST Common Stock Options Exercise $0 +1,250 +9.1% $0.000000 15,026 13 Aug 2025 Direct F1, F3
transaction NXST Common Stock Tax liability $206,679 -984 -6.4% $210.04 14,342 13 Aug 2025 Direct

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 -1,250 -100% $0.000000 0 13 Aug 2025 Common Stock 1,250 Direct F1, F2, F4
transaction NXST Restricted Stock Units Options Exercise $0 -1,250 -100% $0.000000 0 13 Aug 2025 Common Stock 1,250 Direct F1, F3, F4
* 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 5,000 RSUs were awarded on August 13, 2021, of which, 1,250 RSUs vested each anniversary of the awards through August 13, 2025.
F3 5,000 PSUs were awarded on August 13, 2021, of which, 1,250 PSUs vested at each anniversary of the award on August 13, 2022, August 13, 2023, and August 13, 2024 due to achievement of pre-established company performance metric. For the 1,250 PSUs that vested on August 13, 2025, the Compensation Committee of Nexstar's Board of Directors performed an assessment and determined that the conditions were satisfied.
F4 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.