Michael Biard - 21 Aug 2026 Form 4 Insider Report for NEXSTAR MEDIA GROUP, INC. (NXST)

Reporting relationship: President & COO
Issuer ticker: NXST
Reported as of: 21 Aug 2026
Net transaction value: -$458,047
SEC form: 4
Accepted by SEC: 24 Aug 2026, 17:06:46 UTC
Prior 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 24 Aug 2026.

Key facts

This page summarizes Michael Biard's Form 4 filing for NEXSTAR MEDIA GROUP, INC. (NXST).
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 24 Aug 2026, 17:06.

Change

Previous filing in this sequence was filed on 15 Jun 2026.
Current net transaction value: -$458,047.

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: 24 Aug 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: +6,250
Change %: +37%
Price: $0.000000^*
Shares after: 23,355
Date: 21 Aug 2026
Ownership: Direct
Footnotes: F1, F2

NXST transaction

Common Stock

Sale

Transaction value: $458,047
Shares: -2,465
Change %: -11%
Price: $185.82
Shares after: 20,890
Date: 24 Aug 2026
Ownership: Direct
Footnotes: F3

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: -6,250
Change %: -50%
Price: $0.000000^*
Shares after: 6,250
Date: 21 Aug 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 6,250
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 3 footnotes

Footnote F1

Each time-based restricted stock unit ("RSU") is converted into one share of Nexstar's Common Stock subject to the Reporting Person's continued service through the applicable vesting date.

Footnote 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.

Footnote F3

The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the settlement of RSUs that vested on August 21, 2026.