ALFORD ANDREW 4
4 · NEXSTAR MEDIA GROUP, INC. · Filed Jun 11, 2026
Research Summary
AI-generated summary of this filing
Nexstar (NXST) President Andrew Alford Sells 778 Shares
What Happened
- Andrew Alford, President, Broadcasting at Nexstar Media Group (NXST), sold 778 shares on June 10, 2026. The shares were disposed at $176.42 per share for a total of $137,252. This was a sale (not a purchase) and reflects a routine disposition rather than an additional investment.
Key Details
- Transaction date and price: June 10, 2026 — 778 shares sold at $176.42 each.
- Total proceeds: $137,252.
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: The sale was to cover tax withholding obligations related to performance-based restricted stock units that vested on June 8, 2026 (tax-withholding sale).
- Filing timeliness: Form 4 was filed June 11, 2026 (one day after the transaction), which appears timely under SEC Form 4 rules.
Context
- This sale was a tax-withholding disposal tied to vested performance RSUs, a common administrative transaction that does not necessarily indicate new negative sentiment about the company. For retail investors, purchases by insiders can be a stronger signal than routine sell-to-cover transactions.
Insider Transaction Report
Form 4
ALFORD ANDREW
President, Broadcasting
Transactions
- Sale
Common Stock
[F1]2026-06-10$176.42/sh−778$137,252→ 14,357 total
Footnotes (1)
- [F1]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 performance-based restricted stock units that vested on June 8, 2026.
Signature
/s/ Mark Hoyla, Attorney-in-Fact for Andrew Alford|2026-06-11