Russell Blake 4
4 · NEXSTAR MEDIA GROUP, INC. · Filed May 20, 2025
Insider Transaction Report
Form 4
Russell Blake
SVP, Station Operations
Transactions
- Exercise/Conversion
Common Stock
2025-05-17+1,750→ 22,319 total - Exercise/Conversion
Restricted Stock Units
2025-05-17−1,750→ 0 total→ Common Stock (1,750 underlying) - Sale
Common Stock
2025-05-20$175.53/sh−424$74,424→ 21,895 total
Footnotes (4)
- [F1]Each time-based restricted stock unit ("RSU") is converted into one share of Nexstar's Common Stock at the vesting date.
- [F2]7,000 RSUs were awarded on May 17, 2021, of which, 1,750 RSUs vested at each anniversary of the award through May 17, 2025.
- [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.
- [F4]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 May 17, 2025.