4//SEC Filing
Jenkins Brett 4
Accession 0000950170-25-078288
CIK 0001142417other
Filed
May 27, 8:00 PM ET
Accepted
May 28, 3:28 PM ET
Size
13.1 KB
Accession
0000950170-25-078288
Insider Transaction Report
Form 4
Jenkins Brett
See Remarks
Transactions
- Exercise/Conversion
Common Stock
2025-05-23+750→ 24,477 total - Exercise/Conversion
Common Stock
2025-05-23+750→ 23,727 total - Sale
Common Stock
2025-05-27$173.59/sh−451$78,290→ 24,026 total - Exercise/Conversion
Restricted Stock Units
2025-05-23−750→ 2,250 total→ Common Stock (750 underlying) - Exercise/Conversion
Restricted Stock Units
2025-05-23−750→ 2,250 total→ Common Stock (750 underlying)
Footnotes (5)
- [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]3,000 RSUs were awarded on May 23, 2024, of which, 750 RSUs vest at each anniversary of the award through May 23, 2028.
- [F3]3,000 PSUs were awarded on May 23, 2024, of which, 750 PSUs vest at each anniversary of the award through May 23, 2028, subject to the achievement of pre-established company performance metric. For the 750 PSUs that were scheduled to vest on May 23, 2025, the Compensation Committee of Nexstar's Board of Directors performed an assessment and determined that the conditions were satisfied. Thus, the 750 PSUs vested in full on May 23, 2025.
- [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 and PSUs that vested on May 23, 2025.
- [F5]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.
Documents
Issuer
NEXSTAR MEDIA GROUP, INC.
CIK 0001142417
Entity typeother
Related Parties
1- filerCIK 0001695625
Filing Metadata
- Form type
- 4
- Filed
- May 27, 8:00 PM ET
- Accepted
- May 28, 3:28 PM ET
- Size
- 13.1 KB