MUSE JOHN R 4

What Happened
John R. Muse, a director of Nexstar Media Group (NXST), was granted 905 restricted stock units (RSUs) on March 19, 2026. The award is recorded at $0.00 per share (derivative award); the RSUs convert into one share of Nexstar common stock per RSU at vesting, so the grant represents 905 potential shares upon vesting.

Key Details

• Transaction date: March 19, 2026; Form 4 filed March 20, 2026 (timely filing).
• Award: 905 RSUs granted; grant recorded at $0.00 per unit (derivative/security code A).
• Vesting: All 905 RSUs fully vest on March 19, 2027 (see footnote F2).
• Shares owned after transaction: not disclosed in the provided filing.
• Footnotes: F1 — each RSU converts 1:1 into common stock at vesting; F2 — award date and 3/19/2027 vest date; F3 — RSUs have no expiration but unvested RSUs are forfeited if the director leaves for reasons other than a company change of control.
• No indication this was a sale or market purchase; it is a typical equity compensation award to an insider.

Context
RSU grants are compensation/retention awards and do not represent an immediate purchase or sale of shares. They become actual shares only upon vesting (here, one year later) and may be forfeited if the director departs under specified conditions. For retail investors, awards signal compensation incentives but do not by themselves imply immediate insider buying or selling.