Michael Biard - 21 Aug 2025 Form 4 Insider Report for NEXSTAR MEDIA GROUP, INC. (NXST)

Role
President & COO
Signature
/s/ Mark Hoyla, Attorney-in-Fact for Michael Biard
Issuer symbol
NXST
Transactions as of
21 Aug 2025
Net transactions value
-$503,906
Form type
4
Filing time
22 Aug 2025, 12:42:40 UTC
Previous filing
28 May 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Biard Michael President & COO C/O NEXSTAR MEDIA GROUP, INC., 545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING /s/ Mark Hoyla, Attorney-in-Fact for Michael Biard 22 Aug 2025 0001990398

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NXST Common Stock Options Exercise $0 +6,250 +87% $0.000000 13,468 21 Aug 2025 Direct F1, F2
transaction NXST Common Stock Tax liability $503,906 -2,460 -18% $204.84 11,008 21 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 -6,250 -33% $0.000000 12,500 21 Aug 2025 Common Stock 6,250 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 25,000 RSUs were awarded on August 21, 2023, of which, 6,250 RSUs vest at each anniversary of the award through August 21, 2027.
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.