ZIMMER DANA 4
Research Summary
AI-generated summary
Nexstar (NXST) President Dana Zimmer Sells 915 Shares
What Happened
Dana Zimmer, President, Distribution & Strategy at Nexstar Media Group (NXST), reported a sale of 915 shares on June 10, 2026. The shares were sold at $176.42 each for a total of $161,422. The filing notes the sale was to cover tax withholding related to performance-based restricted stock units that vested June 8, 2026 — a routine, non-investment-driven disposition.
Key Details
- Transaction date: 2026-06-10; Sale price: $176.42 per share; Total proceeds: $161,422.
- Report filed: 2026-06-11 (appears timely relative to the transaction).
- Shares owned following the transaction: Not disclosed in the provided excerpt of the Form 4.
- Footnote: Sale was executed to cover tax withholding obligations tied to RSUs that vested on June 8, 2026.
- Transaction reported as an open market/private sale (S) with a tax-withholding purpose noted.
Context
This was a sale to satisfy tax withholding on vested performance RSUs, which is common for executives and does not necessarily signal a view on the company's stock. Purchases generally carry more direct informational weight for investors; this filing documents a routine, administrative sale.