Michael Biard - 08 Jun 2026 Form 4 Insider Report for NEXSTAR MEDIA GROUP, INC. (NXST)

Reporting relationship: President & COO
Issuer ticker: NXST
Reported as of: 08 Jun 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 10 Jun 2026, 17:22:23 UTC
Prior SEC filing: 27 May 2026
Next SEC filing: 15 Jun 2026
Source filing: View source filing
Reporting owner signature: /s/ Mark Hoyla, Attorney-in-Fact for Michael Biard

Key filing fact

Michael Biard filed Form 4 for NEXSTAR MEDIA GROUP, INC. (NXST) on 10 Jun 2026.

Key facts

This page summarizes Michael Biard's Form 4 filing for NEXSTAR MEDIA GROUP, INC. (NXST).
2 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 10 Jun 2026, 17:22.

Change

Previous filing in this sequence was filed on 27 May 2026.
Current net transaction value: $0.

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

Reporting Owners (1)

CIK 0001990398 Primary reporting owner

Biard Michael

Relationship: President & COO
Address: C/O NEXSTAR MEDIA GROUP, INC., 545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING
Signature: /s/ Mark Hoyla, Attorney-in-Fact for Michael Biard
Signature date: 10 Jun 2026

Reported non-derivative transactions

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

NXST transaction

Common Stock

Options Exercise

Transaction value
Shares: +3,108
Change %: +20%
Price
Shares after: 18,332
Date: 08 Jun 2026
Ownership: Direct
Footnotes: F1, F2

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
Shares: -2,500
Change %: -33%
Price: $0.000000^*
Shares after: 5,000
Date: 08 Jun 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 3,108
Exercise price
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Each performance-based restricted stock unit ("PSU") represents a contingent 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 metric and Reporting Person's continued service through the applicable vesting date.

Footnote F2

10,000 target PSUs were awarded on May 23, 2024, of which, 2,500 target PSUs vest at each anniversary of the award through May 23, 2028, subject to the achievement of 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. The Compensation Committee of Nexstar's Board of Directors performed an assessment and determined that the conditions to receive 124.33% of the target number of PSUs were satisfied. Thus, the 2,500 target PSUs were vested and converted into 3,108 shares of Nexstar common stock on June 8, 2026.