4//SEC Filing
ALFORD ANDREW 4
Accession 0000950170-25-082197
CIK 0001142417other
Filed
Jun 4, 8:00 PM ET
Accepted
Jun 5, 2:18 PM ET
Size
13.1 KB
Accession
0000950170-25-082197
Insider Transaction Report
Form 4
ALFORD ANDREW
President, Broadcasting
Transactions
- Exercise/Conversion
Restricted Stock Units
2025-06-03−937→ 938 total→ Common Stock (937 underlying) - Exercise/Conversion
Common Stock
2025-06-03+937→ 10,162 total - Exercise/Conversion
Restricted Stock Units
2025-06-03−937→ 938 total→ Common Stock (937 underlying) - Exercise/Conversion
Common Stock
2025-06-03+937→ 9,225 total - Sale
Common Stock
2025-06-04$167.25/sh−751$125,603→ 9,411 total
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 metrics.
- [F2]3,750 RSUs were awarded on June 3, 2022, of which, 937, 938 and 937 RSUs vested on June 3, 2023, 2024 and 2025, and, 938 RSUs will vest on June 3, 2026.
- [F3]3,750 PSUs were awarded on June 3, 2022, of which, 937, 938 and 937 PSUs vested on June 3, 2023, 2024 and 2025, and, 938 PSUs will vest on June 3, 2026, subject to the achievement of pre-established company performance metrics. For the 937 PSUs that vested on June 3, 2025, the Compensation Committee of Nexstar's Board of Directors performed an assessment and determined that the conditions were satisfied.
- [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 June 3, 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 0001715344
Filing Metadata
- Form type
- 4
- Filed
- Jun 4, 8:00 PM ET
- Accepted
- Jun 5, 2:18 PM ET
- Size
- 13.1 KB