McMillen Charles Thomas 4
Research Summary
AI-generated summary
Nexstar Media (NXST) Director Charles McMillen Sells 1,000 Shares
What Happened
- Charles McMillen, a director of Nexstar Media Group (NXST), reported a sale of 1,000 shares on 2026-06-09. The shares were disposed at $180.00 each, totaling $180,000. The filing lists the transaction as an open market or private sale (code S). Sales are commonly routine and do not necessarily indicate a change in insider sentiment.
Key Details
- Transaction date and price: 2026-06-09 — 1,000 shares at $180.00 per share.
- Total proceeds: $180,000.
- Transaction type/code: Sale (S); reported as open market or private sale.
- Shares owned after transaction: Not specified in the provided filing.
- No footnotes in the provided transaction indicating a 10b5-1 plan, tax withholding, or other special conditions.
- Filing timeliness: Reported with period of report 2026-06-09 (no late filing indicated).
Context
- Sales by non-executive insiders (directors) can be for many reasons (diversification, personal liquidity, tax planning) and are not definitive signals of company prospects. Purchases generally carry more informational weight for investors.